Weak Global Demand Slows Kenya’s Cross-Border Trade

Kenya’s cross-border trade recorded a sluggish start to 2025, with latest data showing a decline in both export receipts and import spending across multiple global markets. The performance reflects a cautious global trade environment shaped by shifting demand, volatile commodity prices, and emerging regional realignments. New data from the Kenya National Bureau of Statistics (KNBS)…

Contractor seeks to review US$60m Egodini project

Contractor seeks to review US$60m Egodini project

THE controversial Egodini Mall project being developed by South Africa-based Terracotta Trading (Pvt) Ltd is facing another major setback with the developer requesting a review of its investment to US$10,5 million from US$60 million. Terracotta has failed to complete the project since 2012. Bulawayo City Council (BCC) contracted Terracotta to develop the mall in Bulawayo…

Business News

NDDC to partner NLNG on Bonny Ring Road project

Mkpoikana Udoma Port Harcourt — The Niger Delta Development Commission, NDDC, says it will partner with the Nigeria LNG Limited, to ensure the speedy completion of the 27.1-kilometre Bonny Ring Road and Bridges in Bonny Local Government Area of Rivers State. Speaking during the inspection of the project, the NDDC Managing Director, Dr Samuel Ogbuku,…