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    Majid Al Futtaim To Open Fourth Carrefour Hypermarket In Kenya At The Junction

    admin Jan 30, 2018
    With the collapse of Nakumatt, its all systems go for leading shopping mall, communities, retail and leisure pioneer Majid A Futtaim who will be taking advantage of the vacuum to set up Carrefour’s fourth branch in Kenya as Joan Wambui…
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    Kenya Airways lists additional shares at the Exchange

    admin Jan 30, 2018
    In Summary:KLM as result of its in-kind contribution will have a shareholding of 7.8% and the balance, of 5.2%, between other shareholders and a new employee share ownership Plan (ESOP) Government increased its shareholding to 48.9%…
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    Kenya Railways Announces New Schedule For Madaraka Express Passenger Service

    admin Jan 30, 2018
    By Moses Cheruiyot In Summary:The Inter County service from Nairobi to Mombasa via Athi River, Emali, Kibwezi, Mtito Andei, Voi, Miasenyi, Mariakani will be departing Nairobi at 0800hrs every morning and is expected to arrive in Mombasa…
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    Kenya Tourism Board unveils reward program for local marathon champions

    admin Jan 30, 2018
    In summary:The initiative will see KTB award each marathon champion a fully-paid vacation to top tourist destinations in Kenya. The programme is in recognition of the important role Kenyan athletes play in selling Kenya abroad.…
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    P&G in new campaign to provide sanitary towels to disadvantaged girls

    admin Jan 29, 2018
    By CW CorrespondentIn summary:In partnership with various retailers, P&G is inviting the Kenyan public to buy Always sanitary pads, which P&G will match in number to be donated to disadvantaged girls across Kenya. The…
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    KCB & Botswana insurance holdings ranked most attractive financial institutions in Sub Saharan…

    admin Jan 29, 2018
    By CW Correspondent In summary:Following a decline in commodity prices and slowing demand from China, the region fell behind the world economy in output, growing at 1.4% in 2016, slower than the aggregate global growth of 3.2%. The…
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    Insurers optimistic of increased penetration by 2020

    admin Jan 29, 2018
    The Kenyan insurance sector is increasingly leveraging on mobile technology leading to an increase of financial inclusion from 26 per cent in 2006 to 75 per cent currently. Ranked fourth in Africa, the Kenyan insurance sector is scaling the…
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    Mobile phone manufacturer Oppo launches the F5 full screen with borderless display

    admin Jan 29, 2018
    By CW Correspondent In summary:Priced at 31,990 Ksh, the OPPO F5 is now on sale (from November 28th) and will be available both online and offline. The OPPO F5, the successor to the F3, features advanced specifications compared to…
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    Bakex Millers targets larger market share as it unveils new wheat mill plant

    admin Jan 29, 2018
    By KJ Odongo In Summary:The fully automated mill has been developed and supplied by Buhler - one of the leading companies worldwide that manufactures milling machinery The firm started its operations in 1983 by installing its first…
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    Pension Schemes increase equity exposure to ride on post-election wave

    admin Jan 24, 2018
    By Francis ZyderIn summary:The stock market has maintained an upward trend with performance of the NSE All Share Index at 21.7% despite the electioneering period Fixed income assets accounted for 70.8 per cent of the average pension…
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