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Kenya’s Exchange Rate stays flat: Report

Kenya's Exchange Rate has remained “neutral” according to economic indicators by investment firm, Cytonn Investment limited. "We expect it to remain so for the rest of the year. The currency has remained relatively stable since the…

STANLIB FAHARI APPOINTS NEW ACTING CEO

Nozipho who is currently the Chief Financial Officer for STANLIB Fahari I-REIT has 17 years’ experience spanning across financial management, external audit, property investment and corporate finance. As the Chief Finance Officer of the…

Nakumatt to open seven branches in recovery plan

Local retailer Nakumatt Holdings, currently under administration, has embarked on a business recovery programme with a focus on seven key branches. The recovery programme dubbed Nakumatt BounceBack, is supported by scores of…

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 will beginning assembling the Hatchback Polo and Passat models. The firm plans to start with about 150 vehicles for car…

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