BY REUTERS
The Nairobi car auctioneer hopefully scanned empty rows of rickety plastic chairs in a dusty lot for more bids but saw only too many vehicles and not enough buyers, an increasing problem as Kenya’s economy slows and repossessions...
Safaricom has sacked 52 employees suspected of involvement in fraudulent activities in the year ended March.
The number is 16 more than the 36 it sent home the previous year.
“While the number of investigations carried out during the year was...
BY THE EAST AFRICAN
Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation in the list of the world’s fastest economies in the past 10...
Naivas Supermarket has announced that it wil be launching an online shop next month.
The retailer has already committed Sh. 180 million to the opening and running of the e-shop. It has set a target to generate at least seven per...
Alison Ngibuini is the CEO of Al Is On Production Limited. She is an award-winning communication entrepreneur and a two-time Business Daily Top 40 Under 40 female entrepreneur.
Financial milestone: At the age of 27, I resigned from employment to...
Nakuru County Members of County Assembly are set to get Sh. 390 million for cars and mortgages.
Each of the 78 MCAs will get at least Sh. 5 million to buy a car and a house under the county assembly car loans and mortgage scheme.
The County Assembly Service Board has...
Following a burden of debts and cash flow problems, Nakumatt Supermarket has found itself in the unfamiliar territory where it is facing absolute closure.
Currently, the retailer that was once the largest in the country is estimated to be suffering...
The implementation of the digital driving licenses that was expected to kick off from October 1 did not take place as expected. According to a press statement from the National Transport and Safety Authority (NTSA), the implementation of the...
Troubled retailer Nakumatt Supermarket has closed yet another branch in Nairobi as its cash troubles spiral out of control.
Nakumatt closed its Junction branch in Nairobi from Sunday October 1.
In a public notice released Sunday, the cash-strapped retailer said it...
Investment firm Cytonn has announced plans to build a triplex complex in Kilimani area.
The tallest building in the complex will have 35 floors.
It will be located at the junction of Elgeyo Marakwet and Argwings Kodhek Roads and will sit...
Safaricom (NSE: SCOM) through its youth platform Safaricom Hook, in partnership with Coca-Cola Company's brand Sprite, yesterday toured University of...
