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Society Stores opens 4th branch in Naivasha

This is the fourth store to open this year coming on the backdrop of booming retail market Society Store opened its fourth branch in as it seeks to make a presence in the local retail market. The new supermarket, known as…

Africa’s Mr. Cashless

By Steve Umidha Mitchell Elegbe honed his entrepreneurial skills at an early age and all signs pointed towards him making it big in the future. He cut his teeth in business way back during his schooling days while pursuing an electrical…

Gambling revenues fall on withholding tax

By Steve Umidha Revenues reported by casinos dropped by a total of Sh1.54billion last year following a 20 percent withholding tax imposed on winnings, a new report on gambling in Africa by PricewaterhouseCoopers (PwC) reveals.…

Nakumatt enters Busia, Bungoma towns

Nakumatt Holdings has opened two new branches in Busia and Bungoma towns, pushing its total branch count to 57 stores across East Africa. The opening of Nakumatt Bungoma and Nakumatt Busia Supermarkets, is part of the firm’s…

Simba Corporation is now the new distributor of SAME tractors and OTMA farming implements in in the Kenyan market. The company got into the tractor business to take over the Kenyan dealership of SAME Deutz-Fahr, an Italian…

Car importers on the spot over tax evasion

By Steve Umidha The Kenya Revenue Authority (KRA)has raised an alarm over over an increasing number of tax cheats in the lucrative auto industry. The taxman will now target the motor trade as part of a national programme to clamp down…

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