Business Nakumatt to open seven branches in recovery plan Local retailer Nakumatt Holdings, currently under administration, has embarked on a business recovery programme…
Business KAA unable to trace Kes4.3bn pay to Chinese firm for terminal Kenya Airports Authority (KAA) management has for the second time in a row failed to table documents in support…
Business VW opens Rwanda’s first car assembly plant Volkswagen opened its first car assembly plant in Kigali's Special Economic Zone Wednesday. The German carmaker…
In Focus Counterfeit drugs to affect Big 4 delivery, warns PIA The Kenya Association of Pharmaceutical Industry (KAPI) has expressed fears that the proliferation of counterfeit…
Banking & Finance Kenya: More than 2.5m file 2017 Tax Returns More than 2.5 Million taxpayers have filed their 2017 income tax returns on the iTax platform, with less than two…
Business Bamburi completes construction of Kes4Bn production facility Construction works of Bamburi Cement’s new KES.4 billion production line at its Nairobi Grinding Plant are now…
Business Kenya: Major global hotel brands lined up for opening The 2018 Pipeline report released by W Hospitality Group shows the 20 facilities are expected to add 3,444 hotel…
Investment Cytonn secures Kes2.1Bn funding from Finnish firm This will be the fourth time the Finnish firm will be investing with Cytonn Investments, having already committed…
Investment PRIDEINN ACQUIRES FLAMINGO BEACH RESORT Local hotel chain PrideInn has officially opened a new branch in Shanzu, North Coast of Mombasa. This is its 8th…
Economy & Politics African borrowing getting smarter For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s…