Jumia to Hold Home Makeover Campaign from 16-19 April
Jumia Kenya is set to hold a home makeover campaign to give households the chance to replace their old home appliances with fresh and new stuff. The campaign comes at [...]
TradeMark East Africa and Central Corridor Transit Transport Facilitation Agency sign financing agreement
TradeMark East Africa, TMEA and the Central Corridor Transit Transport Facilitation Agency, CCTTFA, have signed a financing agreement geared towards strengthening and enhancing the Central Corridor Transport Observatory, CCTO. The [...]
Shelter Afrique Summons Bondholders, but Default Appears Closer
Shelter Afrique has written to its bondholders seeking permission to reschedule the payment of a sh 5 billion five-year medium-term unsecured note it listed on the Nairobi Securities Exchange in [...]World Bank projects Kenya to grow at 5.5% In 2018
The world bank is projecting that Kenya's GDP growth will recover to 5.5 percent in 2018, and steadily rise to 6.1 percent by 2020. This is following multiple headwinds that dampened [...]Safaricom is The Best Company to Work for in 2018, Brighter Monday Reports
Brighter Monday has compiled a list of the best 100 companies to work for in 2018, as voted by former and current employees. At the top of the list is [...]Maurice Hennessy is in Kenya
Global Brand Ambassador and 8th generation of the Hennessy family, Mr. Maurice Hennessy is visiting Kenya this week together with his nephew Mr. Roch Hennessy.The Hennessy family will be in [...]445 km Mombasa-Tanga Highway construction delayed Again
A Ksh75 billion key road linking the port of Mombasa to Tanga has been delayed due to a change in design from single to dual carriage way along a section [...]Central Bank Kenya to hold Next MPC meeting on May 28
The Central Bank’s (CBK’s) Monetary Policy Committee will hold its next rate-setting meeting on May 28. At its last meeting on March 19th, the bank cut its benchmark interest [...]Kenya Ranked 2nd Best Performing Frontier Market in March 2018
In March 2018, Frontier markets recorded a slight growth of 0.2% compared with a 2.2% decline in Emerging markets and a 2.5% decline in Developed Markets. Despite the flat growth, [...]Ashish Thakkar's Mara Group to launch smartphone for the African market in partnership with Google
In partnership with Google, Mara Corporation Limited (MC) is set to release the Mara X for the African market in the second quarter of 2018. The Mara X will be [...]Nakumatt Closes Village Market Branch Over Rent Arrears
Nakumatt has closed down its Village Market branch on the grounds of rent arrears, leaving only 8 operational outlets. The action comes after 14 landlords have declared their interest in [...]Healthcare Company Trivitron Appoints New CEO to Oversee African Operations
Trivitron Healthcare, the largest Medical Technology Company from India, has appointed Fungayi Kapungu as the Chief Executive Officer to oversee the company's expansion into several African markets. He will be running [...]
