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Jobs at stake as NMG shut down 3 broadcast stations

By Steve Umidha The Nation Media Group (NMG) has shut down its three broadcast stations in a move set to leave the firm’ several employees jobless. The media giant said in statement that it was shutting down Nation FM, QFM and…

Entrepreneurship programme targets 5,000 students

By Monicah Muema Enactus Kenya, an organization that promotes entrepreneurship among youth, targets to empower 5,000 students in Kenya to with business leadership skills. Country Director James Shikwati says most young people in Kenya…

Tanzania economy to grow by 7.4 pc in 2017

The Central Bank of Tanzania has said it expects the economy to grow by 7.4 per cent in 2017 from an estimated 7.2 per cent this year, driven by construction, communications and finance. The East Africa's second-biggest economy grew 7…

Rwanda hit hard by BREXIT

Transactions in pound sterling stalled across Rwanda as dealers anticipated the withdrawal of Britain from the European Union. Rwandan remittance startup Mergims suspended buying the pound sterling for eight hours, following…

Toyota recalls over 3m cars over defects

Toyota said Wednesday it is recalling 1.43 million vehicles for defective airbags and another 2.87 million vehicles for faulty fuel emissions controls. Toyota Motor Corp. said it has not received any reports of injuries or fatalities…

Etihad Airline bags top honor

By Brian Yatich International airline of the United Arab Emirates, Etihad has scooped an award at  Adam Smith Awards, a global award ceremony held in London recognising excellence and achievement in the corporate treasury space.…

AGF targets Africa’s SME market

By Ayub Muiyuro African Guarantee Fund (AGF) has announced a Green Guarantee Facility aimed at supporting African SMEs whose investments ensure a sustainable growth and resilient development in African economies. Development of SMEs…

Kenmart unveils new tool for online shoppers

By Steve Umidha Kenmart Africa has launched an online business platform targeting online shoppers.  The new online market place to be hosted as www.kenmartafrica.com is set to put the company in direct competition with…

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