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...
Pay Tv provider MultiChoice has unveiled a new package under its GOtv product. Viewers will now have the choice of accessing the new package that has been dubbed ‘GOTv Max’.
The new package will be positioned above GOtv Plus and...
1. Automate your finances.
If your financial plan isn't on auto-pilot, change that immediately, encourages self-made millionaire David Bach. Automating your finances — sending your money automatically to investment accounts, savings accounts, and creditors — allows you to build wealth effortlessly.
It's "the...
The Communications Authority has come out to defend Safaricom against allegations of electoral manipulation. This follows claims made by opposition leader Raila Odinga yesterday that Safaricom had deliberately manipulated election results by delaying their transmission.
In a press statement, CA...
Barclays Bank of Kenya has set the pace by becoming the first local bank to adopt the new accounting law dubbed the International Financial Reporting Standard 9.
The new accounting guidelines under the International Financial Reporting Standard (IFRS) 9 will...
BY GRACE MUREITHI
To avoid catastrophic failure, get everything right from planting to maintainance, harvesting and marketing Horticulture is undoubtedly one of the surest ways of turning fortunes in Kenya.
Many self-made millionaires in agribusiness owe their success to horticulture. There...
When it comes to a common car owner, brakes system is not usually what they pay much attention to. The reasons for is very basic, but important. When brakes start exhibiting the symptoms of bad health, we fail to recognize them....
