Stakeholders fault presidential directive on forex ban for food imports

NIGERIA – Following the recent directive by Nigeria’s President Muhammadu Buhari ordering the Central Bank of Nigeria to stop providing forex for food importation in the country, several stakeholders have called on the Government to […]

Kenya sees new accreditation service bills signed into law

KENYA – Kenya’s President, Uhuru Kenyatta has signed the Accreditation Service Bill into law that seeks to promote accreditation services in the country. The new Accreditation Service Act establishes the Kenya National Accreditation Service (KENAS) […]

Kenya’s Capital Market Authority proposes new regulations for commodity exchange

KENYA – Capital Markets Authority of Kenya is proposing new regulations that will guide the planned Commodities Exchange. According to the draft regulations, companies looking to expand their activities to the commodities exchange will have […]

Stock Exchange to suspend Ghana’s cocoa trading company PBC

GHANA – The Ghana Stock Exchange (GSE) is set to suspend the listing status of licensed cocoa buyer, Produce Buying Company (PBC) Limited, from the bourse. GSE said that the suspension of PBC from the […]

USDA approves Cargill’s plant-based fish oil alternative for US cultivation

“With USDA deregulation, Cargill plans to advance the commercialization of its long-chain omega-3 canola trait in a tightly-managed closed loop supply chain.”

US signs trade agreement with European Union to expand beef exports

USA – The United States has signed an agreement with the European Union to lower trade barriers to Europe in a move that seeks to expand the beef export market access. “This is a tremendous […]

Rwanda approves tax breaks on alcohol brewed using locally sourced materials

RWANDA – The government’s proposal to reduce consumption tax on alcohol beverages brewed using locally sourced raw materials has received approval from the Members of the Chamber of Deputies. The MPs passed the draft law, […]

Pick n Pay to engage competition regulator over report on market dominance

SOUTH AFRICA – South African retail chain, Pick n Pay, has said that it will continue to engage South African competition regulators to address its concerns about the retailer’s market dominance in shopping malls. This […]

Saudi Arabia outlines next phase of flour mills privatization

SAUDI ARABIA – Saudi Grains Organization (SAGO), the state grain buyer has stated that it will begin the next phase of the sale of its flour mills within days in a privatization move. According to […]

Uganda’s Standard body closes sachet-filling machines from 37 alcohol manufacturers

UGANDA – The Uganda National Bureau of Standards has closed over 167 sachet-filling machines from at least 37 alcohol-manufacturing companies as part of enforcing the government’s ban on alcohol sold in sachets. The government through […]