International Chamber of Commerce Stories

Tribunal orders South Sudan to pay Sh9.6 billion to Vivacell over investment deal breach
Bashir Mbuthia  |  May 29, 2025

Vivacell and its mother company, BVI, moved to court in 2018, lodging 17 claims against South Sudan and demanding $2.9 billion (around Sh375.1 billion...

Alibaba's new 'instant commerce' portal passes 40 million daily orders
Reuters  |  May 26, 2025

The portal brings merchants from Alibaba's food delivery arm Ele.me onto its main domestic shopping app, Taobao, and is part of a broader move among C...

Business operators protest excessive permits and taxes, demand unified permit system
Lucy Mumbi  |  May 14, 2025

Some entrepreneurs are forced to obtain up to 20 different clearances, with costs running into hundreds of thousands of shillings before they can full...

Sh16bn edible oil deal sparks controversy over exclusive supplier selection
Maureen Kinyanjui  |  Aug 23, 2024

According to the auditor's report presented to Parliament on August 6, Sh9.3 billion of the Sh16 billion total was reportedly paid to firms hired by K...

Uganda signs deal with UAE to build third international airport
Reuters  |  Jun 22, 2024

The deal for the East African nation's third such airport expands the UAE's economic footprint beyond its interests in the renewable energy and oil an...

Organisations oppose State move to impose new levy on cereal exports
Maureen Kinyanjui  |  May 30, 2024

Starting July 1, 2024, the government intends to operationalise the food crops regulations gazetted in 2019, imposing new levies on the import and exp...

KNCCI criticises proposed Sh2 million penalty for eTIMS non-compliance
Hanifa Adan  |  May 20, 2024

The proposed penalty, KNCCI contends, could have dire consequences for these smaller enterprises, potentially leading to closures and significant job...

China's demand for camel milk avails Sh5bn market opportunity for Kenyan farmers
Issa Hussein  |  Apr 25, 2024

KNCCI President Eric Rutto said plans are underway by the KNCCI in partnership with Mastercard to launch a Shariah-complaint Sacco that will provide l...

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