Barclays Kenya's Impending Change of Name to ABSA Attracts Court Suit
Barclays Africa Group announced plans to change its name to ABSA Group Limited last month, an action that has seen Barclays Kenya taken to court. ABSA Kenya Limited has taken [...]
50% of Kenyan Households Earn Below Sh10,000 Per Month Ipsos
A new survey by Ipsos has discovered that about half of Kenyan households make less than Sh10,000 each month while 2 percent have no income at all. Additionally, 1 percent [...]Citi issues Sell recommendation on Safaricom citing disconnect betw expectations valuation
Citi bank analysts have blasted Safaricom in a research note, downgrading its recommendation to sell saying the company has reached market saturation. Valuation is at historical peak, expectations are coming [...]
Safaricom's marketing Director Sylvia Mulinge Lands MD Job at Vodacom Tanzania
Safaricom announced yesterday the appointment of Sylvia Mulinge to the position of managing director at Tanzania’s Vodacom. Mulinge has been the director of the consumer business unit at Safaricom PLC. [...]Telkom Airtel Turn to Merger Talks to Take on Safaricom
Telkom and Airtel have begun merger talks to carry out their businesses as a joint venture. The joint venture will improve the two mobile operators' competitive position against Safaricom while [...]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, [...]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 [...]Eurobond Two Prospectus questions the inaccuracy of Kenya's Statistical data
Statistical information published by Kenya may differ from that produced by other sources and may be unreliable, this is according to the prospectus of Kenya's recent Eurobond sale arranged by [...]Kenya Based Wefarm secures $5million seed funding to reach offline farmers
Wefarm, a farmer-to-farmer digital network currently in Kenya and Uganda has secured $5 million in additional seed funding, led by Silicon-Valley based True Ventures, Skype and Atomico Founder Niklas Zennström, [...]Kenya leads East Africa as the luxury destination of Sub Saharan Africa
Moët Chandon in partnership with The Luxury Network Kenya recently engaged the media and select stakeholders in a conversation about consumption of luxury in Kenya and East Africa. The [...]Business Communication: Definition Elements of Effective Business Communication
Communication is the sharing of information, feelings, and ideas. Business communication is the sharing of information between people within and outside an organisation for the latter’s benefit. To put another [...]NMG Founder Aga Khan to Visit Kenya this week, to hold talks with President Kenyatta!
His Highness the Aga Khan, Imam of the Shia Ismaili Muslims and Chairman of the Aga Khan Development Network, will be making an official five-day visit to Kenya this April [...]
