Glassmaker expands in Africa to boost revenue, Kenya
The-Star.co.ke - Oct 16th 2013, 11:38
East Africa Glassware Mart plans to double its revenue to $34 million (Sh2.9 billion) by opening in 10 new markets within Africa over the next three years.
EAGM’s country general manager for Kenya Snehal Karia said the company recorded revenues of $17 million (Sh1.45billion) in the last financial year and plans to open in Zambia this year.
This will be followed by Malawi, Zimbabwe, Mozambique, Madagascar, DRC, Ethiopia, South Sudan, Ghana and Nigeria in the subsequent years to enable the firm to achieve set revenue targets. “We have embarked on an expansion plan as we move to establish our footprint in countries in Africa,” he said.
Fabric softener brand ordered to change name after Sta-Soft complaint
12/09/2019 - 09:01
A local fabric softener brand has been ordered to change its labelling after the advertising regulatory board found that its use of the word "soft" was imitating rival brand Sta-Soft.
Manufacturing production shrinks for second month in July
11/09/2019 - 13:01
Manufacturing production recorded its second consecutive contraction in July, in line with analysts’ expectations.
Shoprite continues march into Kenya with opening of third store
09/09/2019 - 14:29
Further strengthening its position in the East African market, the Shoprite Group launched its third supermarket in Kenya and the first outside Nairobi.
Innovative leasing deals boost Kenya's office market
04/09/2019 - 09:25
A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market Snapshot H1:2019 report.
Eliminating packaging is a good start - but here's what supermarkets should do to stop harming the planet
26/08/2019 - 15:02
The first key step towards this vision is widening the packaging-free philosophy to all stores of all the major supermarkets, and, crucially, not giving consumers who might resist change the option to stick with the polluting packaged goods that feel so familiar.