5 ways to ensure your business is financially stable with ERP as a last mile technology
There is a famous business quote by Gordon B. Hinckley that “You can’t build a great building on a weak foundation.” Similarly, this applies to business owners who want continuity [...]
Bamburi Cement Plc Shareholders Approve KSh 1.3 Billion Dividend Payout
Bamburi Shareholders approved payment of a first and final dividend of KSh 3.58 per share during its 71st Annual General Meeting(AGM), held virtually on 16th June 2022. This is equivalent [...]Cosmetics Giant, Revlon Files for Bankruptcy in the US
Cosmetics maker Revlon has filed for Chapter 11 bankruptcy in the US, as it says supply chain disruptions have driven up the cost of raw materials for its products. The [...]
African manufacturers must remain focused on skills development
African manufacturers should think big about digital development. At the current, pace of economic and technological advancement, too many of Africa’s growing population of people and businesses will be denied [...]Blow as KRA Shuts Down Keroche Breweries in Fresh Tax Dispute
The Kenya Revenue Authority (KRA) has shut down Keroche Breweries again, on claims that the latter had defaulted in their earlier agreement on the settlement of tax arrears. The company [...]Pwani Oil in Temporary Shutdown Due to Dollar Shortage
Pwani Oil Products Limited, the makers of popular household cooking oils-Freshfri, Salit, and Fry Mate, has shut down its plant for the time being. It blames this move on a [...]Rivian Automotive Inc. loses Top Executive Charles Mwangi
Rivian Automotive, Inc- an American electric vehicle manufacturing startup, has seen the departure of Kenyan Charles Mwangi as one of its top executives. The firm said Mwangi’s exit is part [...]Tough Times Bite as EAPCC Workers Go for 3 Months without Salaries
The cash-strapped East African Portland Cement Company (EAPCC) in Athi River is still battling its financial troubles, with employees going for the third month without their salaries. Production at the [...]DRC Readies Itself for New Solar Battery Manufacturing Plant
the Democratic Republic of Congo (DRC) is readying itself for a new solar battery manufacturing plant is set to be constructed in , to manufacture electric storage batteries to power [...]Car General Half-Year Net Profit Rise 36% to KSh 629M
Car General (Kenya) Limited Plc Net Profit for the first six months of the financial year ended March 2022 reached KSh 629 million from KSh 461 million in H1, [...]EABL Appoints Anne-Joy Michira as Marketing Innovation Director
East African Breweries Limited(EABL) has appointed Anne-Joy Michira as East Africa's Marketing Innovation Director. Before occupying this position, Michira headed the Marketing Department – Beer for Kenya's largest alcohol [...]Tanzania to Invest $3 Billion in Strategic Manufacturing
Tanzania has announced plans to invest up to $3 billion in strategic manufacturing aimed at making the country a top supplier of Industrial goods within the African Continental Free Trade [...]
