BY LYNET IGADWAH / NMG
When John Maina Kinywa started work at Total Kenya in 2000 as a car washer, it never crossed his mind that one day he would run an entire petrol station.
He had just cleared high school...
Former Home Afrika boss Njoroge Ng'ang'a is seeking an amount estimated to stand at sh. 7 million following the termination of his contract in 2015.
“The group is in receipt of certain claims for damages and other remuneration from former...
Tuskys Supermarkets is set to take over Nakumatt in a merger deal that is aimed at reviving the troubled retailer.
Reports reaching biznakenya.com say that Nakumatt, will now access stock from suppliers using Tuskys supermarkets’ goodwill and value chain.
Tuskys will provide...
Co-operative Bank has seen a rise in the amount of loans it has been giving out through its mobile phone lending platform.
In the period ended June 2017, Co-operative Bank saw its mobile loans hit Sh. 8.7 billion.
This reflected a...
BY KIHIU IRIMU / NMG
Kefa Farm sits on 1.5 acres. It is the source of 1,400 litres of milk daily. It has 64 zero–grazed cows each of which produces between 40 and 50 litres daily.
It has gained reputation as a...
Cytonn Investments is planning to list on the Nairobi Securities Exchange. The investment firm is eyeing a position on the NSE's Growth and Enterprise Market Segment (GEMS).
This was revealed through an advertisement on Friday, in which Cytonn called for...
The Standard Media Group is reportedly looking to fire at least 300 employees.
This is according to an online local media website. According to reports appearing on website, among those set o be laid of are the media house's top...
Centum Investments is set to repay a Sh. 4.3 billion corporate bond it issued in 2012.
The corporate issue, which matures on Monday, comprised of two bonds. The first was made up of a floating rate note of Sh. 2.9...
Co-operative Bank has a new chairman. The bank has appointed former Treasury Director of Debt Management John Murugu as its new chairman.
He replaces Mr. Stanley Muchiri who is retiring after reaching the stipulated retirement age. Mr. Murugu is set...
The law that capped interest rate on loans at 14 per cent last year is set to be abolished.
This is according to the Governor of Central Bank Patrick Njoroge.
Mr. Njoroge said that the rate cap had brought problematic effects...
