Uchumi Supermarkets has announced a pre-tax loss of Sh1 billion in the half-year ended December, widening the negative earnings of Sh262.3 million reported a year earlier.
The company did not disclose its net loss position in its statement of accounts...
East African Community (EAC) leaders are considering banning the importation of used vehicles, clothes and shoes to promote motor vehicle assembly and the textile and leather industries in the region.
The ban is among the issues the 17th Ordinary EAC...
The Capital Markets Authority (CMA) has given Fusion Capital the green light to issue two Development Real Estate Investment Trusts (D-REIT), the first such securities to be launched in Kenya.
Fusion Capital plans to raise a maximum of Sh7.4 billion...
1. Be able to identify fruitful opportunities.
Carlos Slim Helu, Mexican business magnate and philanthropist, said, “When there is a crisis, that’s when some are interested in getting out, and that’s when we are interested in getting in.”
Learn to identify...
South African investment firm Stanlib is increasing its investment in Kenya’s property sector with the planned construction of a Sh1.2 billion shopping mall in Athi River town, which is just outside Nairobi.
Stanlib, through its Africa Direct Property Development Fund,...
Common poultry diseases include: - Coccidiosis, New Castle disease, Fowl Typhoid and Fowl pox. Poultry also may suffer from ectoparasites and edoparasites in addition to other vices.
Coccidiosis.
a. Causes
The disease is caused by coccidian, which multiply very rapidly in the...
1. Consider the market. Is your car in demand? Can you ask for top dollar? Is this the right time to sell it? Here are a few general rules to help you answer these questions.
Family sedans, while boring to...
Deals worth Sh21 billion were signed at the maiden Kisii Entrepreneurship Summit last week, key among them the construction of a sugar factory in the county. Investors also committed themselves to undertake a low-cost housing project and improving Internet...
British bank Barclays said on Tuesday that it planned to cut its stake in its African business and focus its strategy around two divisions: its British consumer bank and its corporate and investment bank.
The strategy shift signals the latest...
A new indigenous chicken that could double your yield capacity has been unveiled by the Kenya Agricultural and Livestock Research Organisation (Kalro).
Dr David Miano of Karlo’s Non-ruminant Research Centre says the breed, which is dubbed ‘improved Karlo indigenous chicken’...
