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…
Kenya Airports Authority (KAA) management has for the second time in a row failed to table documents in support of Sh4.31 billion payments to a Chinese contractor who did not undertake any work following the cancellation of the…
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…
The Kenya Association of Pharmaceutical Industry (KAPI) has expressed fears that the proliferation of counterfeit and unregulated medical drugs will be counterproductive to the attainment of the Big 4 Agenda.
The marked prevalence of…
More than 2.5 Million taxpayers have filed their 2017 income tax returns on the iTax platform, with less than two days left before the exercise officially comes to a close on Saturday 30th June, 2018.
This is a significant improvement…
Construction works of Bamburi Cement’s new KES.4 billion production line at its Nairobi Grinding Plant are now complete with commissioning expected in the last quarter of the year.
This marks increased cement production for the…
The 2018 Pipeline report released by W Hospitality Group shows the 20 facilities are expected to add 3,444 hotel rooms between now and 2023.
At least 14 of the hotels are scheduled for opening by next year.
The Best Western Group tops…
This will be the fourth time the Finnish firm will be investing with Cytonn Investments, having already committed over KES 3.0 Bn towards projects and investments with Cytonn, and having already successfully exited from two other…
Local hotel chain PrideInn has officially opened a new branch in Shanzu, North Coast of Mombasa. This is its 8th branch since the hotel began its operations in 2012.
The 137 rooms Flamingo by PrideInn Beach Resort and SPA comes…
For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s population booms – Nigeria for example will be the world’s third most populous county by 2050 – the need for robust…
