Over the years I have argued that as a country we have to prioritize our local companies and especially start-ups. And there are a number of reports out there that shows how important the small and home-grown ..
The Nairobi skyline is set to change with the addition of a 44-floor residential tower. Czech Republic-based private equity real estate developer, Lordship Africa, is on Tuesday set to break ground for the tower ..
EABL has signaled that it could sell more of its idle assets to fund its capital-intensive investments. The company has in the past six years sold off several idle properties including its glass-making ..
Tough times lay ahead of Mumias Sugar company. This is after 3 lenders recalled Ksh 2.6 billion in loans disbursed to the miller. The lenders which include Ecobank Kenya, KCB and Commercial bank of Africa ..
Davos, Switzerland. It’s hard to imagine that in normal circumstances there is usually a public swimming pool in at the Davos World Economic Forum meet up. For now, it is skillfully covered with ..
The EABL is set to create 100,000 direct and indirect employment opportunities and double the demand for sorghum to 40,000 tonnes in the next 3-5 years. This is after the brewer secured a 12.5 billion ..
On the story asking why Wangusi was sent home, I mentioned that Safaricom dominance issue could not be the reason. Since then I have spent a lot of time thinking about the issue of Safaricom dominance ..
Nakumatt’s court-appointed administrator Peter Obondo Kahi has taken over management of the struggling retailer, which will now be shielded from its creditors in the short term as it tries to recover. ..
Investor portfolio inflows coupled with exporter inflows offset corporate demand for the dollar powering the Kenyan shilling to an 11-month high on Tuesday. According to data, the shilling touched 102.45 ..
All Indications point to a booming retail sector in Kenya. This is after French retailer Carrefour recorded Sh1.54 billion in revenues in the first seven months of operations in Kenya from its maiden store ..
The Coca-Cola Company announced today that it is fundamentally reshaping its approach to packaging, with a global goal to help collect and recycle the equivalent of 100% of its packaging by 2030. This ..
Brookside, New KCC, Redstar International, Kisima Management Limited, Kenindia Insurance, Lemoc Limited, Kevian, Haco Industries are just some of the companies that will have a hard time following up on defaulted ..
Majid Al Futtaim, is set to open its third Carrefour store tomorrow, signalling commitment to the growth and expansion of its footprint in Kenya. Carrefour replaces Nakumatt Supermarket that was evicted ..
After Nakumatt shutdown its Thika Road Mall (TRM) branch, last month barely a month after closing its outlet at the NextGen Mall on Mombasa Road after just nine months of operations, Majid Al Futtaim ..
“Data Is the New Oil of the Digital Economy. Data in the 21st Century is like Oil in the 18th Century”. That is a common phrase these days that most people probably take for granted, but it is real. ..
Britam Asset Managers has received a license from the Capital Markets Authority to operate as a REITs (Real Estate Investment Trusts) Manager. The asset management subsidiary of Britam Holdings Plc is now among ..
After nearly a year of negotiating business permit fees with Tanzania, the East African state has retained the fees. This follows a treaty that took effect in 2010 owing to scrap visas and work permit ..
Kenyans will now enjoy an additional service that will enable them to book and pay for tickets on the Madaraka Express through their mobile phones. This follows the introduction of an SMS based payment ..
Safaricom has announced renewed investments in its Customer Care organization as it seeks to strengthen service delivery to customers. Following last year’s announcement of an additional 600 jobs ..
The African Export-Import Bank (Afreximbank) treated leading Kenyan investors to a breakfast meeting to present its equity offering aimed at raising between $100 million and $300 million through the issuance ..
Islamic Republic of Pakistan is now the largest buyer of Kenyan goods. This is after goods exported to the country jumped 90.8 per cent to sh24.8 billion from 13 billion last year as at May. Uganda and Tanzania ..
China- Kenya imports are likely to hit the 400 billion mark two years after breaking the 300 billion ceiling. This, is largely on account of huge shipments of building materials from China for building ..
The year 2017 will probably be more associated with the forth-coming general elections in Kenya and whatever will happen thereafter but this is also the year M-PESA turned ten. M-pesa was launched ..
Refugees are now being perceived as being very beneficial to countries, in that they are emerging economies with their own rights and role to play in national economies. It is for this reason that digital ..