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Auctioneers raid Tuskys branch on Juja City Mall
By Kepha Muiruri, 1224, September 12, 2020 (EAT)
Troubled retailer Tuskys has been forced to temporarily shut its branch at the Juja City Mall after auctioneers raided the premise late on Friday foll...

auctioneers , Juja City Mall , Tuskys
KCB commences Ksh.3.2 billion payments to Imperial Bank depositors
By Kepha Muiruri, 1335, September 5, 2020 (EAT)
KCB Group has began processing payments to Imperial Bank Limited in Receivership (IBLR) depositors following its acquisition of part of the defunct le...

CBK , imperial bank , KCB Group , Kenya Deposit Insurance Corporation (KDIC)
Tuskys shuts Nairobi CBD branch as woes deepen
By Kepha Muiruri, 1454, August 28, 2020 (EAT)
Troubled retailer Tuskys has shut another branch inside Nairobi’s Central Business District (CBD) in a continuation of rent rows with landlords. ...

Daniel Githua , Tuskys
Two more Tuskys branches shut as auctioneers strike
By Kepha Muiruri, 1948, August 25, 2020 (EAT)
Tuskys outlets along Eldoret’s town Uganda road and at Nairobi’s Komarock Mall have shut down after auctioneers struck on Tuesday. The retailer...

retailer woes , Tuskys
Tuskys pays Ksh.700M to suppliers as it begins settling claims
By Kepha Muiruri, 1827, August 22, 2020 (EAT)
Tuskys Supermarket has disclosed the payment of Ksh.700 million to suppliers following its roll out of a new trading platform in July. The payments...

Tuskys
Tuskys owners give nod to sale of majority stake
By Kepha Muiruri, 1343, July 28, 2020 (EAT)
Tuskys shareholders have agreed to sell a majority stake of the company and now await the acquisition of an investment suitor. The nod, disclosed i...

Tuskys supermarket
Tuskys scrambles to tap investor to steady ship
By Kepha Muiruri, 1050, July 21, 2020 (EAT)
The shareholders of Tuskys supermarket are seeking to tap a strategic investor by the end of July in addition to exploring further funding options to ...

Dan Githua , The Competition Authority of Kenya (CAK) , Tuskys
3 more retailers on Gov’t watch as Tuskys stays mute on buyer power abuse
By Kepha Muiruri, 956, June 19, 2020 (EAT)
The Competition Authority of Kenya (CAK) says three more retailers are under its watch for delaying payments to suppliers as it rounds off investigati...

retail in Kenya , The Competition Authority of Kenya (CAK) , Tuskys
NSE listed corporate bonds fall to 5 as Centum exits
By Kepha Muiruri, 1558, June 8, 2020 (EAT)
The number of listed corporate bonds and commercial paper on the Nairobi Security Exchange (NSE) has fallen to five with Centum Investment retiring it...

Capital Markets Authority (CMA) , Centum Investment , corporate bonds
Amazon in talks to buy Ksh.200 billion stake in Bharti Airtel
By Reuters, 1229, June 5, 2020 (EAT)
Amazon is in early-stage talks to buy a stake worth at least $2 billion (approximately Ksh.200 billion) in Indian mobile operator Bharti Airtel, three...

Amazon , Bharti Airtel , Reliance Jio , Vodafone Idea
Covid-19: Europe’s leading global airline is losing $1 million an hour and needs a bailout
By CNN, 947, May 6, 2020 (EAT)
Lufthansa is locked in crunch talks with the German government on the terms of a rescue deal, as it fights to avoid bankruptcy while keeping state inf...

Lufthansa
OPINION: Somaliland: Politics against investment
By Citizen Reporter, 1515, March 16, 2020 (EAT)
Somaliland, a de facto country that has been seeking international recognition and praised for its democratization process, free market based economy,...

Bashe Omar , economy , investment , Politics , Somaliland
Tuskys fires staff in company restructruring
By Kepha Muiruri, 2013, February 20, 2020 (EAT)
Retailer Tuskys has fired part of its employees following a major re-organization of the firm’s strategy that saw the restructuring of various depar...

Dan Githua , Tuskys
NSE bets on incubator graduates to sprout new listings
By Kepha Muiruri, 1919, February 19, 2020 (EAT)
The Nairobi Securities Exchange (NSE) has tipped its incubator program to build the exchange’s first listings ending a three-year barren run. NSE...

Geoffrey Odundo , Nairobi Securities Exchange (NSE)
Inside the Uhuru-Trump White House meeting and what it means for Kenya
By VOA, 1502, February 7, 2020 (EAT)
U.S. President Donald Trump met Thursday with Kenyan President Uhuru Kenyatta at the White House and announced the United States plans to initiate tra...

Uhuru meets Trump
OPINION: From gold to ashes; the tragic tale of Nakumatt Limited
By Joseph Bonyo, 1431, January 7, 2020 (EAT)
As a student at Maseno University, a trip to Kisumu town was never complete without a detour at Nakumatt Mega. Arriving back at the institution with ...

nakumatt , Nakumatt closure
Wyckliffe Shamiah appointed CMA acting Chief Executive
By Paul Ombati, 1733, December 30, 2019 (EAT)
Wyckliffe Shamiah has been appointed as the acting Chief Executive of the Capital Markets Authority (CMA). Mr. Shamiah's appointment, which takes e...

Capital Markets Authority (CMA) , Wyckliffe Shamiah
SGR project a success, President Kenyatta says
By PSCU, 1624, December 17, 2019 (EAT)
President Uhuru Kenyatta on Tuesday launched freight service on the Standard Gauge Railway (SGR) from Nairobi to Naivasha. The new service now exte...

Madaraka Express , Naivasha Inland Container Depot , SGR
Visas on arrival for all Africans visiting Nigeria starting next year – Buhari
By Imani Mitchelle, 1343, December 12, 2019 (EAT)
Nigerian President Muhammadu Buhari has announced that all African visitors will from January receive visas on arrival. Speaking in Egypt during th...

Buhari , Nigeria
Cytonn shelves listing plan, cites depressed stock market
By Kepha Muiruri, 1003, November 28, 2019 (EAT)
Alternative investments firm Cytonn has put off its public listing plan citing the continued depressed performance of company stocks. The firm whic...

Cytonn Investments , ipo , nse