OMAR: Kenya key to Somaliland growth and push for international recognition

By Guest Writer,

Bashe Omar Awil Last December, Somaliland President Muse Bihi visited Kenya on invitation from President Uhuru Kenyatta eliciting varied reaction fro...

Diplomatic ties , kenya , President Muse Bihi , President Uhuru Kenyatta , Somaliland

EABC urges East Africa partner states to market region as single investment destination

By Citizen Reporter,

The East African Business Council (EABC) is urging East Africa Partner States to harmonise investment incentives and market East Africa as a single in...

EABC , EAC , nesbitt

KTB rewards London Marathon star duo with vacation treat

By Mkalla Wa Mwambodze,

Kenya Tourism Board(KTB) has rewarded two Kenyan athletes - Brigid Kosgei and Ruth Chepngetich with a five-day holiday treat for their exceptional per...

Brigid Kosgei , Geoffrey Kamworor , KTB , Ruth Chepngetich

OPINION: Why affordable housing is a game changer

By Guest Writer,

Home ownership in Kenya has generally been reserved for wealthy individuals with considerable disposable income and for bankers who have access to loa...

Auctioneers raid Tuskys branch on Juja City Mall

By Kepha Muiruri,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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