Nakumatt supermarkets said Monday it would slash costs by at least Sh1.5billion annually in a restructuring that could mean more job cuts and store closings.
Through its business restructuring phase, the regional retailer said the plan…
Non-bank financial services firm, Sanlam Kenya has shrugged off fears pre-election jitters may impact negatively on its business three months to the General Election.
In a statement to its shareholders, published in the Nairobi…
Equity Bank has once again emerged as the top Overall Bank at the Think Business Banking Awards 2017, stamping its authority as a market leader in the financial space in Kenya and the East African Region.
The lender scooped a total of 19…
The Africa’s chief executives are buoyant that their companies will perform better for the remainder of the year, despite current economic and socio-political uncertainty, expressing optimism about the growth potential of the continent.…
NIC Bank has recorded a flat profit before tax of Sh1.37 billion for the first quarter of 2017 compared to Sh1.40 billion it reported a year earlier, this despite posting 5 per cent growth in pre-tax to close the quarter at Sh1.3 billion.…
East African paint manufacturer, Crown Paints has introduced a loyalty program targeting aspiring painters to be professional painters.
The loyalty program dubbed Team Kubwa will be administered via a digital app where painters can…
The World Federation of Democratic Youth (WFDY), a left-wing youth organization, jointly with the International Union of Students held the World festival of youth and students at the democratic republic of Congo.
The event saw at least…
APA Insurance, a subsidiary of Apollo Investments, Tuesday embarked on its systems upgrade as part of its commitment to providing quality products, exceptional customer service as well as modern environment with increased automation and…
Kenya Airways yesterday launched its inaugural direct flight into the resort town of Victoria Falls from Jomo Kenyatta International Airport (JKIA). Victoria Falls, KQ’s the airline’s 52nd route is now Kenya Airways second destination to…
The Kenya Private Sector Alliance (KEPSA) has appointed Nicholas Nesbitt as the new KEPSA Chair. Mr. Nesbitt, who is also the General Manager IBM East Africa, takes over from Ambassador Dennis Awori, Chairman Toyota Kenya Limited who…