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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…
Kilimall takes “Buy Kenya Build Kenya” initiative online
Online Shopping Mall, Kilimall, has joined the Kenya Government initiative dubbed “Buy Kenya, Build Kenya.” The…
SBM announces completion of Fidelity Commercial Bank acquisition
Financial service provider, SBM Holdings Ltd (SBM Group) has today announced the completion of the acquisition of…
The Hub Karen mall goes Green with 450KW solar farm
The installation of the rooftop solar panels is part of a strategy to position The Hub Karen Mall, as Africa's…
Lendable secures $550k debt financing for Azuri’s distributor, Raj Ushanga…
The rural roll-out of scalable solar power in Kenya is set to accelerate with the announcement today of an…
Emirates Group profits for 2016 hit $670m
The Emirates Group Thursday posted an AED 2.5 billion (US$ 670 million) profit for the financial year ending 31…
Africa, Russia youth partnership upheld
The World Federation of Democratic Youth (WFDY), a left-wing youth organization, jointly with the International…
Unilever Kenya relaunches original Royco Mchuzi mix
Unilever Kenya re-introduced of one of its most popular brands, Original Royco Mchuzi Mix in the market with a…
Global economic uncertainty threatens FDI flows to Africa
For African governments part of what is at stake are much needed foreign direct investments and access to…
Peter Kahi Joins Accountant’s body
PKF East Africa has appointed Peter Kahi as their new partner in charge of PKF’s Forensic & Business recovery…