Retail Nakumatt opens store in Kakamega Kenya Regional retailer, Nakumatt Holdings, has opened doors to its second supermarket store, in the fast growing,…
Auto Car makers pay price for VW cheating scandal, delay in vehicle launches… Environmental regulators in the US are taking a long-look at new vehicle emissions before giving their stamp of…
Banking & Finance Central bank of Uganda sells Imperial shareholding to Tanzanian lender Uganda’s central bank has sold the majority stake in Imperial Bank Uganda, previously held by Kenya’s collapsed…
Retail Dermalogica opens store in Jo’burg Following the launch and opening of the first South African Concept Store in 2010 at Wembley Square in Cape town,…
In Focus Nigeria LAN to raise $ 500,000 to support startups Lagos Angel Network (LAN) has developed a new platform set to raise about N 100 million (US $ 500,000) for startups…
Business EAC heads launch key road in Arusha EAC Heads of State have launched the construction works for the Arusha-Holili/Taveta road which will provide an…
Banking & Finance BBK net profits slump despite a surge in customer assets Barclays Bank of Kenya announced a profit after tax of Sh 8.4 b for the year ended 31 December 2015. During the…
Construction Tatu City partners with RECM to mentor students Tatu City a satellite city development on 2,500 acres near Nairobi, is offering practical experience to…
Banking & Finance Barclays Bank eyes Posta for wider market Barclays Bank of Kenya has partnered with the Postal Corporation of Kenya (PCK) which will see Barclays customers…
Banking & Finance NIC Bank profits soar despite a surge in bad debts provisions NIC Bank Group's pretax profit rose 3 percent in 2015 and the lender plans to nearly double its branch network to…