Kunga Group News Today

Ethiopia and Uganda are the only countries with excess hydroelectricity that they are currently selling to Kenya.

This attributed to the one-off settlement of outstanding tax liabilities in Uganda

Many businesses operating in Kenya suffered economic down-turn in the year ending December 2023, attributing the turbulence to high taxation and costs of operation.

Over 10 Kenyan companies have sounded the alarm by issuing grim profit warnings, sending shockwaves through the business world. Sanlam is the latest.

Unga Group has been the first to announce redundancies in the coming weeks on account of reduced sales.

Listed food processor Unga Group, which has announced plans to axe up to 50 workers, is the latest to join the growing list.

Friday, December 1, 2023 – Employees of Unga Group were today treated to a rude shock after the company fired them due to harsh economic times exacerbated by President William Ruto’s high affinity for more taxes. In the notice today, the company announced that employees would be fired across all its branches, including Unga Limited and Unga Farm Care.  The…

Crown Paints and WPP Scangroup are the latest listed companies to issue profit warnings to their investors.

We need stronger legislation and policies to curb cases of food contamination

Yellow maize utilisation is low because it is regarded as a poor man’s crop