In 2014, businessman George Kariithi opened a Sh. 250 million supermarket outlet along Nairobi's Moi Avenue.
At the time, the businessman who is thought to be a billionaire, said in an interview that the outlet named “Karrymatt Downtown” in KTDA...
Cash-strapped retailer Nakumatt Holdings has put some of its goods on sale to clear stock as it plans its recovery strategy.
It is offering a 50 per cent discount on non-food items to raise cash to shore up operations in...
The 64th annual Fortune 500 list is out. With $12.8 trillion in revenue–2/3rds of U.S. GDP–and 28.2 million employees worldwide, these companies remain the most important engine of both the U.S. and the global economy.
Some takeaways, provided by Fortune...
For a long time, consumers have had to rely on the traditional television set when accessing information and entertainment. With the advent of technology, this reliance has shifted to Pay Tv, with premium pay television service providers setting base...
Once you make the decision to start making smart investments, the simplest way of thinking about it when trying to define your objective is asking yourself two simple questions.
First, what you are going to use this money for and...
Standard Chartered Bank is set to start issuing unsecured loans using a new method. The new method will see the bank track and analyse borrowers’ transactions dating back to 10 years, helping lock out those who do not meet...
Aliko Dangote and Strive Masiyiwa are two of Africa’s well known wealthy people. In the 2018 list of world billionaires, Dangote is ranked as the wealthiest African with an estimated net worth of $ 12.2 billion that he has...
Uchumi Supermarket is now seeking a bank loan to pay its employees, who have gone for months without salaries.
Kenya Union of Commercial, Food and Allied Workers (Kucfaw) yesterday said the outstanding arrears run into at least Sh. 150 million...
Toyota Kenya has launched the new 2018 Land Cruiser Prado in the Kenyan market that will retail at Sh. 13 million.
The front fascia is distinguished by broad vertical slit-shaped cooling openings for the grille. Flanked by redesigned headlights with...
BY MARION MAINA / NMG
Abdullahi Yusuf’s career journey has been an exhilarating roller-coaster that saw him work in his dream organisation, the BBC. However, a gnawing desire to do more caused him to call it quits and start his...
