Mövenpick launches the fifth Kilo of Kindness' campaign
Mövenpick Hotel Residences has launched its fifth “Kilo of Kindness” campaign to help disadvantaged communities around the world. The campaign calls guests and visitors to support the underprivileged. This [...]
Competition regulator warns KCB Group against laying off NBK staff
KCB Group has been instructed by the Competition Authority of Kenya (CAK) to retain 90 percent of its workforce for a period not less than one and a half years, [...]Kenya Bids To Host 2021 UNWTO General Assembly Meeting
Kenya is bidding to host the 24th edition of the United Nations World Tourism Organization (UNWTO) General Assembly in 2021; when the congregation of the UNWTO members meets for its [...]FSD Kenya appoints Anzetse Were as an Economist
Anzetse Were has joined Financial Sector Deepening (FSD) Kenya in the position of Economist starting September 2019. Anzetse, who has a Masters in Economics from the University of Sydney (Australia) [...]Reduction in gross income hindering Kenyans from voluntary retirement
Kenya’s income replacement ratio of 34 per cent may be hindering Kenyan workers from voluntary retirement upon attaining the age of 60. This reduction in income implies that a person [...]
Third Shoprite Outlet Opens in Nyali, Mombasa
South Africa's Shoprite has opened its third store at City Mall in Nyali, Mombasa; a space previously occupied by Nakumatt supermarket which was evicted from the premises in March 2018 [...]Why Africa’s Policy Makers Should be Worried About Virtual Platforms and Virtual Currencies
“In a lot of ways, Facebook is more like a government than a traditional company” – Mark Zuckerburg The rise of virtual internet platforms such as Facebook, Whatsapp, Telegram, Kakao [...]
Kenya's horticulture business improves by 34.9% Stratlink Report
Stratlink has recently released a report on the market update for various countries such as Ghana, Kenya, Nigeria, Kenya, Tanzania, Uganda, Rwanda. With the main focus on Kenya, the political [...]EABL to pay 14% interest on medium-term note
The East African Breweries Limited has issued a notice on the fifth interest payment on the 1st tranche of EABL TRANCHE 2, to be paid on 30th September 2019. The [...]Ian Ferrao Appointed as East Africa Regional Director for Airtel Africa
Former Vodacom Tanzania CEO, Ian Ferrao, has been apponited as East Africa Regional Director for Airtel Africa, a new post that has been recently created. Mr. Ferrao, who has more [...]Engie acquires Mobisol to become Africa's leading off-grid solar energy provider
Engie has acquired Mobisol to become the market leader in off-grid solar energy services in Africa. The company will now provide solar home systems to three more countries. Engie will [...]Kenya's debt likely to hit KSh6 trillion by next year
The recent statistics from the National Treasury have indicated that as of the end of August 2019, Kenya's total public debt was at KSh5.95 trillion. Foreign lenders dominate Kenya's debt [...]
