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Trade row pits Kenya against Egypt

KENYA – Kenya and Egypt are headed for a trade dispute that could affect the former’s tea exports following allegations that Cairo is importing sugar from Brazil and exporting it to Kenya as its own after repackaging.

International Breweries Q1 profit surges 32.46%

NIGERIAInternational Brewery Nigeria (IBN) PLC, which has been consistently improving its operational performance since SABMiller acquired a majority stake in the company two years ago, saw its profit surged by 32.46 percent, for the three month period ended June 2014.