AGP Executive Report
Last update: 6 hours agoTrade and Investment: President William Ruto is in Moscow seeking new markets for Kenyan tea, coffee, flowers and fresh produce, alongside investment in manufacturing, energy and agro-processing. Fuel Supply: Independent dealers have threatened to suspend operations, accusing oil marketers of charging above regulated wholesale prices and warning of possible pump shortages. Banking: South Africa’s FirstRand is pursuing a Kenyan bank acquisition as lenders position for growth and the sector faces higher capital requirements. Industry: Devki has launched a Sh70 billion cement and clinker plant in Kitui, intensifying competition in a sector attracting major regional investment. Markets: The NSE’s value hit a record Sh4.1 trillion in the third quarter, while investor numbers rose to 2.36 million; Quickmart’s IPO also drew Sh7.12 billion in cornerstone commitments. Small Businesses: A Stanbic-GIZ programme says supported enterprises across 10 western counties sustain 2,378 jobs, including 1,591 for young people.
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