Barely five years after emerging out of receivership, there are signs that Uchumi supermarket chain could be headed back into troubled waters, this time for worse.
The board, which met Monday terminated the contract of the supermarket’s Managing Director Jonathan...
Yesterday, Uchumi CEO Jonathan Ciano was fired as the head of Uchumi Supermarkets. Mr. Ciano has since comes out to state that he knew he would be sacked. He said that his die was cast once Jamii Bora Bank...
The Safaricom Staff Pension Scheme has launched a Sh3.4 billion real estate investment project in Machakos County.
Crystal Rivers is a mixed use development and the first such venture undertaken by the pension scheme.
The real estate site is located on...
Hino Kenya, a division of Toyota Kenya has signed a memorandum of understanding with Equity Bank Kenya targeting the lucrative commercial vehicle segment.
The partnership will see both Equity and non-banking customers including schools access financing towards the purchase of...
Over 10 top level managers have left the National Bank of Kenya over the past eight months in what insiders say could be a pointer to a bigger problem in the lender’s turnaround strategy.
Initiated by the chief executive Munir...
What a beast, what a gigantic monument to shininess. When they parked the Toyota Hilux Invincible X outside my house, my first worry was I might need planning permission.
It has a massive, open flatbed with a flap-down back door,...
The farm is situated at a farm in Olala village, Narok South. The village is 900 metres off the Mulot-Sogoo road. It is dotted with many Kipsigis traditional grass-thatched houses.
We are welcomed at Mrs Lilian Cherono’s quarter-acre chain-link fenced...
Poultry farming is steadily and surely gaining ground in Kenya. This being a promising business enterprise, farmers need to be equipped with the right information to optimise yields.
However, chicken farming can be quite tricky. There are several challenges that...
When the Honda Fit debuted eight years ago it quickly became a favorite of economy car shoppers. It's fair to say it wasn't because of the car's rather controversial styling, but with its flexible configurations for interior seating and...
Sisal firm Rea Vipingo will delist from the Nairobi Securities Exchange after REA Trading Ltd acquired a 94.6 per cent stake.
Rea Trading had indicated that it wants to delist from the stock market to allow it to invest more...
