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Nakumatt could lose more stores, cut jobs in new plan

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…

Equity bank scoops 19 awards

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…

Africa, Russia youth partnership upheld

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…

Dennis Awori steps down from Kepsa Board

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…

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