Serrari Group

South African Sugar Industry Sounds Alarm: Imports Threaten Thousands of Jobs and Rural Livelihoods

The South African sugar industry, a vital component of the nation’s agricultural economy and a cornerstone of rural livelihoods, is facing an existential threat. SA Canegrowers, the representative body for the country’s sugarcane farmers, has issued a dire warning: a relentless influx of cheap, often subsidised, sugar imports is imperiling thousands of jobs and destabilising […]

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KEPSA Co-Hosts Kenya-Hungary Business Forum: Forging Stronger Economic Links and Future Collaborations

In a significant move aimed at bolstering international trade and investment, the Kenya Private Sector Alliance (KEPSA), in partnership with the Embassy of Hungary and other key stakeholders, successfully co-hosted the Kenya-Hungary Business Forum on June 16, 2025. This high-profile event, held in Nairobi, served as a crucial platform to facilitate robust business-to-business (B2B) engagements […]

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FDI to developing nations hits lowest level since 2005

Foreign Direct Investment (FDI) has long been recognized as a powerful engine for economic growth, job creation, and technological advancement in developing economies. However, new research from the World Bank paints a concerning picture: FDI flows to low- and middle-income countries have plummeted to their lowest levels since 2005. This alarming decline reflects a troubling […]

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Gold Mining Companies in Ghana and Ivory Coast Resist Tax Hikes Amidst Soaring Prices

Accra, Ghana & Abidjan, Ivory Coast: In a significant standoff shaking the African mining sector, major gold producers operating in Ghana and Ivory Coast are refusing to comply with new tax increases imposed this year. Industry sources indicate that these companies argue the revised regulations flout the terms of their existing licence agreements, raising fundamental […]

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President Ruto Announces KSh 5 Billion Grant for 100,000 SMEs, Bolstering Kenya’s Bottom-Up Economic Agenda

In a significant boost to Kenya’s burgeoning micro, small, and medium enterprises (MSMEs), President William Ruto has announced a transformative KSh 5 billion (approximately $38.5 million USD) grant initiative, set to benefit over 100,000 small businesses across the nation. This landmark program, launched in partnership with the World Bank, underscores the government’s unwavering commitment to […]

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Global ad spend to hit $1.16T in 2025, growing by 6.2%

Despite persistent economic volatility and rising geopolitical tensions, global advertising spend is projected to grow by a robust 6.2% this year, reaching an impressive $1.16 trillion. This forecast, from Warc, a leading specialist in marketing effectiveness, reflects a resilient industry adapting to challenging market conditions. However, the projection marks a slight downward revision of 0.5 […]

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Kenya Unveils 2025/26 Budget Aiming for Growth Amidst Debt & Public Scrutiny: A Deep Dive

In a moment charged with both expectation and trepidation, Kenya’s Finance Minister, John Mbadi, rose before parliament on Thursday to unveil the nation’s budget for the 2025/26 fiscal year. With the ceremonial briefcase by his side, Mbadi articulated a vision of sustained economic growth, projecting a lower fiscal deficit and an unwavering commitment to financial […]

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Oil Soars More Than 9% After Israel Strikes Iran, Rattling Global Markets

The delicate equilibrium of global energy markets was shattered early Friday as news broke of Israeli strikes against targets in Iran, sending oil prices surging by more than 9% and pushing crude to its highest levels in almost five months. This dramatic escalation of tensions in the Middle East has sent a palpable tremor through […]

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East African Nations Unveil Ambitious 2025/26 Budgets

Across East Africa, a palpable sense of anticipation filled legislative chambers as finance ministers from the East African Community (EAC) member states presented their national spending plans for the 2025/26 fiscal year. From Kenya’s bustling capital to Rwanda’s hills, Uganda’s resource-rich plains, and Tanzania’s vibrant coast, these budgets are more than just numbers on a […]

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