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Shoprite continues march into Kenya with opening of third store

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. read more
Innovative leasing deals boost Kenya's office market

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.  read more
 Carrefour franchisee on prowl for acquisitions to grow in Africa

Carrefour franchisee on prowl for acquisitions to grow in Africa

03/04/2019 - 08:42
Majid Al Futtaim Holding, an operator of French retailer Carrefour SA outlets, plans to boost its presence in Kenya as it looks to expand into eastern and southern Africa.  read more
Shoprite opens first store in Kenya to battle French retailer

Shoprite opens first store in Kenya to battle French retailer

13/12/2018 - 10:33
Shoprite is seeking a foothold in Kenya’s retail industry, where the collapse of two local supermarket chains has created opportunities for Africa’s biggest grocer and its international rivals. read more
Diageo's East African Breweries aims to tap rising spirits demand in Kenya

Diageo's East African Breweries aims to tap rising spirits demand in Kenya

16/04/2018 - 10:14
Diageo's East African Breweries (EABL) will start producing Captain Morgan rum locally as part of wider investment in its spirit business in response to growing demand. read more
Hennessy sees Kenya as growth frontier as cognac sales start

Hennessy sees Kenya as growth frontier as cognac sales start

26/07/2017 - 10:34
Hennessy, the world’s largest maker of cognac, has started distributing its products in Kenya to tap Africa’s second-largest luxury-goods market.  read more
Helping consumers get credit ready - Kenya

Helping consumers get credit ready - Kenya

04/09/2015 - 09:27
TransUnion (NYSE: TRU), a trusted provider of global information solutions for assessing and managing risk, has announced the launch of an innovative new product designed specifically for the needs of Kenyan consumers.  read more
Africa’s 10 biggest economies

Africa’s 10 biggest economies

06/10/2014 - 13:05
Kenya has rebased its GDP measurement year to 2009, boosting its GDP data by 25%, and entering it into the top 10 economies on the African continent. read more
Samsung says sales in East Africa still high

Samsung says sales in East Africa still high

24/04/2014 - 14:50
Samsung has said its electronic business in East Africa remains strong despite projecting a drop in global profits for the second quarter in a row. read more
Sugar industry staff threaten strike over cheap imports, Kenya

Sugar industry staff threaten strike over cheap imports, Kenya

22/04/2014 - 11:18
Sugar factory workers have threatened to hold a strike following an influx of duty free imports. The Kenya Union of Sugar Plantation and Allied Workers secretary general Francis Wangara asked the government to stop the illegal imports posing a serious threat to the industry.  read more
Kenya's Village Market embarks on retail upgrade

Kenya's Village Market embarks on retail upgrade

17/04/2014 - 11:12
Nairobi's prime shopping and recreation complex, Village Market, is set to undergo a major redevelopment starting next month after securing a Sh5 billion loan. read more
Pharmacy board to bolster drug crime, Kenya

Pharmacy board to bolster drug crime, Kenya

15/04/2014 - 07:46
The Pharmacy and Poisons Board will step up drug enforcement to improve safety standards. Nyanza regional head of inspectorate Beatrice Obinge said PPB will partner with the Kenya Pharmaceuticals Association in the effort. She was speaking at Great Lakes Hotel in Kisumu during a stakeholders meeting yesterday. read more
Eastmatt retail chain opens new CBD outlet, Kenya

Eastmatt retail chain opens new CBD outlet, Kenya

07/04/2014 - 10:43
Retailer chain Eastmatt Supermarkets has opened a new outlet in Nairobi’s CBD in space previously occupied by a Tuskys branch next to the fire station. read more
Inflation rate hits 8-month low, but cost of living remains high, Kenya

Inflation rate hits 8-month low, but cost of living remains high, Kenya

03/04/2014 - 15:35
Consumers are paying 6.27 per cent more than they did 12 months ago for the same goods and services, official data has showed. Despite inflation – the sustained increase in prices as measured by the Consumer Price Index over time – slowing to an eight-month low, the cost of living remains persistently high.  read more
Weetabix East Africa investment to double

Weetabix East Africa investment to double

26/03/2014 - 12:17
Cereal manufacturer Weetabix East Africa plans to double its investment in the region to Sh200 million this year. Speaking during a media tour at the Weetabix plant in Nairobi, managing director Ahsan Manji said the demand of cereals has increased tremendously to 8.5 million kilograms this year from 1.5m kilograms last year. He said they have an 81 per cent control of the Kenyan market with a 99 per cent spontaneous recall rate on brand awareness. read more
KRA to push for stiff fines in war on fake products

KRA to push for stiff fines in war on fake products

20/03/2014 - 13:16
Kenya Revenue Authority has backed rallying calls by manufacturers to classify counterfeiting of goods as an economic crime through an amendment to Anti-Corruption and Economic Crimes Act 2013.  read more
Brewers evading tax, says Nacada, Kenya

Brewers evading tax, says Nacada, Kenya

20/03/2014 - 12:11
The National Authority for Campaign against Alcohol and Drug Abuse has said more than half of brewers in the country are not remitting tax. read more
Nakumatt seeks cash for Shoprite bid in Tanzania

Nakumatt seeks cash for Shoprite bid in Tanzania

26/02/2014 - 10:30
Nairobi. Nakumatt Holdings will finance the acquisition of three Shoprite outlets in Tanzania through bank loans, managing director of Kenya’s supermarket chain has sai read more
Kenyan retailer, Tuskys, locks horns with its workers again

Kenyan retailer, Tuskys, locks horns with its workers again

25/02/2014 - 10:07
Staff at supermarket chain Tuskys are likely to stage a second major strike after the management reportedly sacked over 100 employees citing "redundancy," union officials told the Star.  read more
EABL raises concern over Senator Keg levy

EABL raises concern over Senator Keg levy

24/02/2014 - 11:45
There are concerns of job losses in the beer industry following shut down of distributorship and outlets dealing in East African Breweries low-end beer Senator.  read more
Nakumatt expands retail presence in Uganda

Nakumatt expands retail presence in Uganda

24/02/2014 - 11:35
Leading Kenyan retailer Nakumatt has increased its outlets across East Africa to 45 with the opening of an additional store in Uganda at Acacia Mall in Kampala.  read more
Regulator approval clears hurdles for pending merger deals, Kenya

Regulator approval clears hurdles for pending merger deals, Kenya

11/02/2014 - 10:23
The Competition Authority of Kenya has given approval for several pending and ongoing acquisitions.  read more
MP raises alarm over sugar cartels, Kenya

MP raises alarm over sugar cartels, Kenya

07/02/2014 - 12:25
TINDERET MP Julius Meli has said a cartel of unscrupulous traders working with sugar millers are behind the poor cane prices. He appealed to the Kenya Sugar Board to intervene and save the industry from collapsing. read more
Investor to build Madiba Mall in Kenya

Investor to build Madiba Mall in Kenya

06/02/2014 - 00:08
Investor Githinji Kinyanjui, launched the construction of a Sh700 million shopping mall in Nyeri town. The ceremony was attended by senior government officials and all Nyeri county MPs.  read more
Kenyan retailer, Tuskys, settles part of its workers outstanding wages

Kenyan retailer, Tuskys, settles part of its workers outstanding wages

29/01/2014 - 11:03
Tuskys workers are waiting to see whether they were paid 50 per cent of wage arrears owed to them by the company after the expiry of the December 31 deadline. read more
Garden City Mall, new shopping development in Nairobi, Kenya

Garden City Mall, new shopping development in Nairobi, Kenya

24/01/2014 - 12:33
The International Finance Corporation and UK government-backed CDC Group have injected $32 million (Sh2.75 billion) into the Garden City real estate development. read more
Kenyan supermarket in court over rent dispute

Kenyan supermarket in court over rent dispute

16/01/2014 - 11:35
Uchumi supermarket has moved to court to stop its landlord from auctioning its stock over rent arrears totalling to Sh4.2 million. read more
Kenyan retailers snap up new buildings as demand for retail space grows

Kenyan retailers snap up new buildings as demand for retail space grows

20/12/2013 - 11:51
Commercial property development in Kitale town is on a roll, with those splurging huge sums reaping big, thanks to growing demand for retail space. - See more at: http://www.the-star.co.ke/news/article-145255/retailers-snap-new-buildings-kitale-town#sthash.8AX5Q0mt.dpuf read more
Liquor plant shut down in Kenya

Liquor plant shut down in Kenya

19/12/2013 - 10:51
A liquor factory that produces second generation brews has been closed down at Kabati estate in Naivasha.  read more
Tuskys Supermarkets closed, Kenya

Tuskys Supermarkets closed, Kenya

19/12/2013 - 10:41
All 52 Tuskys supermarkets branches have been closed after employees downed their tools to protest at management's refusal to honour Collective Bargaining Agreement. - See more at: http://www.the-star.co.ke/news/article-147987/all-tuskys-supermarkets-closed#sthash.EmcTs6TJ.dpuf read more
Naivas supermarket opens 29th store at Mountain Mall, Kenya

Naivas supermarket opens 29th store at Mountain Mall, Kenya

26/11/2013 - 08:48
The Naivas chain of supermarkets has opened a new branch, Mountain Mall, on the Thika superhighway. This is the chain's 29th store.  read more
Kenyan retailers eye festive season

Kenyan retailers eye festive season

20/11/2013 - 11:43
Kenya's top three retail chains, Nakumatt, Tuskys and Uchumi are set to open new stores in strategic locations across the country in time for the December festive season's shopping boom. read more
Kenyan retailer Uchumi gets Uganda's share trading approval

Kenyan retailer Uchumi gets Uganda's share trading approval

14/11/2013 - 11:14
Uchumi Supermarket has received approvals to trade its shares on the Uganda Securities Exchange. read more
Brewer in new drive to recruit whisky drinkers, Kenya

Brewer in new drive to recruit whisky drinkers, Kenya

11/11/2013 - 10:25
Kenya Breweries has unveiled East Africa’s first whisky festival to grow the drink’s sales. The drive, which is a campaign driven themed ‘Love Whisky Festival’ will take place during this month in different venues around Nairobi. read more
Woolworths Kenya signs 'pay as you wear' sales deal

Woolworths Kenya signs 'pay as you wear' sales deal

11/11/2013 - 08:41
Clothing retailer, Woolworths Kenya has signed an agreement with consumer finance firm afb allowing its customers to buy goods on credit to be repaid in six months.  read more
Importers want time over new sugar rules, Kenya

Importers want time over new sugar rules, Kenya

05/11/2013 - 08:37
Sugar importers have asked for two weeks to discuss the new regulations that are to be introduced by the Kenya Sugar Board to regulate the market.  read more
Commercial space rent doubles in Nakuru town, boosted by retail chains

Commercial space rent doubles in Nakuru town, boosted by retail chains

01/11/2013 - 08:27
Construction of commercial space is turning out a lucrative venture for landlords in Nakuru as letting prices appreciate. Prices have doubled from Sh20-30 per square foot a month three years ago to Sh60-70 per square foot, a spot check by the Star reveals. read more
Uchumi workers to close shop over pay

Uchumi workers to close shop over pay

31/10/2013 - 08:23
Uchumi supermarkets could grind to a halt next Wednesday if employees make good their threat to down their tools. The Kenya Union of Commercial Food and Allied Workers has issued a strike notice dated October 9 to pressurise the supermarket chain's management to meet workers' demands for higher pay. read more
Nakumatt eyeing East Africa's hospitality sector

Nakumatt eyeing East Africa's hospitality sector

18/10/2013 - 08:47
Nakumatt is targeting new sales within the hospitality industry by offering select label products like furnishings, decorative accessories, bath towels, bed and table linen. according to the supermarket chain's business development manager Neel Shah. read more
Glassmaker expands in Africa to boost revenue, Kenya

Glassmaker expands in Africa to boost revenue, Kenya

16/10/2013 - 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. read more
Bacardi opens first African office in Kenya

Bacardi opens first African office in Kenya

10/10/2013 - 12:32
The World’s largest privately held spirits company, Bacardi Limited is set to open its first African sales outlet in Nairobi, Kenya on Tuesday following the growing demand for luxurious goods such as alcoholic beverages by consumers. read more
East Africa Breweries Limited posts 6% annual sales increase

East Africa Breweries Limited posts 6% annual sales increase

10/10/2013 - 11:27
East African Breweries Limited (EABL) in August said it posted “good results” in the year to June despite tough operating conditions in markets such as Uganda and Tanzania.  read more
Kenyan retailer, Uchumi, cleared to list on Rwanda stock market

Kenyan retailer, Uchumi, cleared to list on Rwanda stock market

07/10/2013 - 10:40
Kenya’s Uchumi's Supermakets Ltd. has been cleared to cross list at Rwanda's Stock Exchange. read more
Nakumatt bears brunt of Westgate attacks, Kenya

Nakumatt bears brunt of Westgate attacks, Kenya

04/10/2013 - 12:25
Last week’s Nairobi’s Westgate Mall attacks had hammered Kenya’s general retailer, Nakumatt, one of Africa’s most home-based business triumphs, according to the Wall Street Journal (WSJ).  read more
Massmart confirms Naivas bid, targets entry into Kenya

Massmart confirms Naivas bid, targets entry into Kenya

04/10/2013 - 11:00
Massmart has confirmed it is interested in buying a major stake in Kenyan retailer Naivas. read more
Kenya’s Naivas, Chase Bank and Visa partner for secure prepaid card for shoppers

Kenya’s Naivas, Chase Bank and Visa partner for secure prepaid card for shoppers

27/09/2013 - 13:45
Chase Bank (K) Limited, Naivas Supermarket and Visa have announced a partnership to launch a secure prepaid card for shopping convenience in Kenya, featuring the latest chip-based technology to cut the risk of fraud. read more
Business leaders hail census results; Kenya’s population grows

Business leaders hail census results; Kenya’s population grows

26/09/2013 - 11:10
The business community has welcomed the release of the census results earlier this month saying they will help them plan their business operations.  read more
UK plans to double trade with Kenya

UK plans to double trade with Kenya

09/09/2013 - 11:28
The United Kingdom intends to double the value of trade with Kenya in the next five years, High Commissioner, Christian Turner has said.  read more
Uchumi Supermarkets full year profit up 30 per cent

Uchumi Supermarkets full year profit up 30 per cent

05/09/2013 - 09:06
Listed retailer Uchumi Supermarkets has reported a 30.3 per cent rise in full year profit to Sh373.01 million from Sh273.98 million last year. read more
Nakumatt to invest Sh1.2 billion under new strategy

Nakumatt to invest Sh1.2 billion under new strategy

03/09/2013 - 08:16
Nakumatt Holdings has announced plans to pursue a departmental store development project at an investment cost of Sh1.2 billion. The strategy, which will involve the construction of several brand aligned concept stores, will be executed concurrently with an on-going branch expansion strategy across the region. read more
Uchumi plans to list in Uganda, Tanzania, Rwanda

Uchumi plans to list in Uganda, Tanzania, Rwanda

03/09/2013 - 07:52
Grocery firm Uchumi Supermarkets at the weekend said it plans to list in Uganda, Tanzania and Rwanda bourses in the near future.  read more
Massmart mulling acquisition in Kenya

Massmart mulling acquisition in Kenya

13/08/2013 - 09:50
Johannesburg - Massmart Holdings, South Africa’s biggest food and household-goods wholesaler, said it has met “several important players” in Kenya’s retail industry as the unit of Wal-Mart Stores Inc. seeks expansion abroad. read more
Kenyan sugar industry seeks way to navigate end of Comesa safeguards

Kenyan sugar industry seeks way to navigate end of Comesa safeguards

26/07/2013 - 11:33
The Kenya Sugar Board has developed a five-year strategic plan that advices the industry to rethink its direction as it approaches the liberalisation of the sugar trade regime expected next year.  read more
Private equity firm buys into Ethiopian drink maker

Private equity firm buys into Ethiopian drink maker

16/07/2013 - 08:32
Kenya-based private equity firm Catalyst said it had acquired a 50 per cent stake in Ethiopian food and drink maker Yes Brands to tap into the Horn of Africa nation's large population and fast economic growth.  read more
Massmart says in advanced talks to enter Kenya

Massmart says in advanced talks to enter Kenya

11/07/2013 - 11:51
Johannesburg (Reuters) – South African retailer Massmart is in talks enter Kenya, a senior executive said on Tuesday, the latest step by the unit of Walmart Stores to expand its presence in Africa. read more
Look & Listen to re-launch digital music store

Look & Listen to re-launch digital music store

09/07/2013 - 08:28
SA music retailer Look & Listen is set to re-launch its digital music store, five months after it halted online purchases on the platform. read more
Kenyan retail sector seen as a key economic driver

Kenyan retail sector seen as a key economic driver

03/07/2013 - 13:55
The wholesale and retail sector is showing great promise as a key economic driver after recording good performance last year, the 2013 Economic Survey shows. - See more at: http://www.the-star.co.ke/news/article-121948/retail-sector-seen-key-economic-driver#sthash.nKR7ThJZ.dpuf read more
Nokia to sell Asha 210 in East Africa

Nokia to sell Asha 210 in East Africa

03/07/2013 - 13:45
Nokia has announced local availability of the Nokia Asha 210 across East Africa, bringing consumers more social experiences at an affordable price. The Nokia Asha 210, available in both single and easy swap dual-Sim variants, features a distinct design, smart imaging and Wifi to help people enjoy more of the internet for less. read more
South African wine producer now in Kenyan market

South African wine producer now in Kenyan market

25/06/2013 - 08:54
A South African wine producer Orange River Cellars has signed a distributorship deal with Kenya’s Chareth General Agencies.  read more
Kenya: Uchumi plans for 100 million shares

Kenya: Uchumi plans for 100 million shares

21/06/2013 - 10:32
Uchumi Supermarket is counting on small retail investors across East Africa as it seeks to raise cash for expansion.  read more
Foreign buyers drive demand for EABL shares

Foreign buyers drive demand for EABL shares

21/06/2013 - 10:12
The Nairobi All Share edged 0.13 points lower to close at 126.68.The All Share has posted a +33.544% return in 2013 and sits 1.745% beneath an all time high reached last month. read more
Woolworths to slash prices

Woolworths to slash prices

18/06/2013 - 08:32
Cape Town - Woolworths Holdings [JSE:WHL] will cut its prices by up to 30% from August in a bid to gain market share in Africa, The EastAfrican reported. read more
Kenya sees 6% economy growth

Kenya sees 6% economy growth

23/05/2013 - 14:26
Nairobi - Kenya's economy is expected to expand by about 6% in 2013, up from a growth rate of 4.6% last year, driven by a pick-up in sectors like agriculture, the planning minister said on Thursday. read more
Kenya: Has Tuskys bought out its rival in Nairobi?

Kenya: Has Tuskys bought out its rival in Nairobi?

22/05/2013 - 11:20
A local retail giant is said to have acquired a rival’s operations in Nairobi in a bid to consolidate its business in the city. read more
Heineken omits Kenya from new women’s beer

Heineken omits Kenya from new women’s beer

21/05/2013 - 09:13
Heineken will not be launching its sweeter, low-alcohol Radler beer in Kenya. It will instead focus on its flagship brand to grow local market share. read more
Kenya's Uchumi to open 13 supermarkets across East Africa

Kenya's Uchumi to open 13 supermarkets across East Africa

15/05/2013 - 10:35
Kenya's Uchumi Supermarkets will open 13 new stores over the next year as East Africa's sole listed retailer prepares for a cash call and a cross listing of its shares, its chief executive said on Tuesday. read more
Young consumers now drive Kenya’s economic growth

Young consumers now drive Kenya’s economic growth

10/05/2013 - 10:09
A new report shows consumers are taking charge of Africa’s economic growth, with an increasing number of urban Africans spending a large share of their disposable income on groceries and clothing.  read more
Kenya: Nakumatt’s portable retail stores target events in remote locations

Kenya: Nakumatt’s portable retail stores target events in remote locations

10/05/2013 - 09:40
Nakumatt’s stores on wheels targets outdoor events Regional retailer, Nakumatt Holdings has announced plans to introduce a containerised mini retail stores. The outlets will provide shopping solutions during key events in remote locations. read more
Kenya: French firm to stir beauty products sector as it acquires Nice & Lovely

Kenya: French firm to stir beauty products sector as it acquires Nice & Lovely

10/05/2013 - 09:22
The gloves are off in the fight for a giant share of Kenya’s multi-billion shilling beauty industry as French multinational acquires part of the company that owns Nice & Lovely. read more
Microsoft pushes for SA mobile growth

Microsoft pushes for SA mobile growth

07/05/2013 - 08:52
London - Microsoft, trying to find growth markets for its mobile products, is projecting that rising demand in South Africa will help it pass BlackBerry and Android and pave the way for further gains on the continent. read more
Ghanaian company launches credit card in Kenyan market

Ghanaian company launches credit card in Kenyan market

23/04/2013 - 10:29
Ghanaian firm AFB has launched a new credit card service in the Kenyan market as the fight for stake in the fast-growing plastic money business heightens.  read more
Kenyan retailer Uchumi eyes Rwanda, South Sudan

Kenyan retailer Uchumi eyes Rwanda, South Sudan

12/04/2013 - 10:14
(Reuters) - Kenya's Uchumi Supermarkets (UCHM.NR), the sole listed retailer in East Africa, plans to open six new stores in the next six months as well as expanding into Rwanda and South Sudan to tap new shoppers, its chief executive officer said on Thursday. read more
Kenya Retail: Naivas rolls out new store

Kenya Retail: Naivas rolls out new store

09/04/2013 - 12:37
Naivas rolls out Westlands branch NAIROBI, Kenya, Supermarket chain Naivas opened its latest branch in Westlands, Nairobi, bringing to 18 the number of their stores countrywide.  read more
High costs see EABL profits dip 14%

High costs see EABL profits dip 14%

05/04/2013 - 09:19
GIiant beer and spirits maker East African Breweries posted a 14 per cent drop in net profits in its half year profits due to high financing and distribution and raw material procurement costs, the brewer said earlier this year.  read more
Kenya's most preferred milk brands

Kenya's most preferred milk brands

05/04/2013 - 08:50
Molo Milk beats KCC, Brookside as preferred brand  read more
Kenya: Uchumi in cautious mood ahead of Rights Issue

Kenya: Uchumi in cautious mood ahead of Rights Issue

27/03/2013 - 11:45
Directors of the Uchumi chain of super markets are cautiously monitoring events in the local investment landscape as the company prepares to raise cash from its existing shareholders to fund its local and regional expansion drive.  read more
Kenya:: Retailer, Naivas shaking off low end market tag

Kenya:: Retailer, Naivas shaking off low end market tag

27/03/2013 - 11:31
Retailer Naivas Supermarkets is taking competition head on in the scramble for business by venturing into high end areas that are dominated by the major players within the market. read more
Nakumatt opens 40th branch in Thika, Kenya

Nakumatt opens 40th branch in Thika, Kenya

15/03/2013 - 10:52
NAIROBI, Kenya, Feb 23 – Nakumatt Holdings says it has attained its midterm corporate expansion goal, with the opening of its 40th branch in Thika town. read more
SA Retailers Edgars, Foschini To Open Store In Nairobi – Actis

SA Retailers Edgars, Foschini To Open Store In Nairobi – Actis

01/02/2013 - 09:05
Africa-focused private equity firm Actis has said that South African luxury fashion houses Edgars and Foschini are some of the retailers that have booked stores in its Sh12.6 billion ($144 million) 50,000 square metres Nairobi shopping mall which is under construction and expected to be Kenya’s biggest mall. read more
Vegetable stores in Kenya survive supermarkets' siege

Vegetable stores in Kenya survive supermarkets' siege

28/01/2013 - 09:53
Kenya has experienced a boom in supermarkets, with the retail outlets rapidly expanding in suburbs and town across the East African nation as competition stiffens. read more
Kenya: new Bill on alcohol in Parliament

Kenya: new Bill on alcohol in Parliament

18/01/2013 - 10:07
A push to tighten beer regulation is underway in a proposed law currently before Parliament. If passed into law, the Alcoholic Drinks Control (amendment) Bill, 2012 will see the introduction of new regulations and institutions not contained in the current Alcoholic Drinks Control Act, 2010. read more
Kenya: Now Equity eyes ‘kiosk’ cash with smart card plan

Kenya: Now Equity eyes ‘kiosk’ cash with smart card plan

16/01/2013 - 09:06
Equity Bank is eyeing the billions of shillings passing though kiosk and retail shops by offering a system that will allow shoppers to pay for goods without using cash. read more
Uchumi starts its journey of East African regional growth

Uchumi starts its journey of East African regional growth

14/01/2013 - 09:01
Uchumi, Kenya’s third largest retail supermarket chain, plans to use the additional funds it is seeking from its shareholders to finance regional expansion and refurbish its outlets.  read more
Kenya: Sugar millers losing ground to new brands

Kenya: Sugar millers losing ground to new brands

14/01/2013 - 08:49
Kenya’s large sugar millers are losing ground in the retail market as consumers opt for lesser known but more pocket-friendly brands.  read more
South Africa retail chain to open first outlet in Kenya soon

South Africa retail chain to open first outlet in Kenya soon

10/01/2013 - 10:06
Game Africa, a South African retail chain, is set to open its first outlet in Kenya, intensifying competition in the retail sector. read more
Woolworths to own 51pc of joint venture with Deacons in Kenya

Woolworths to own 51pc of joint venture with Deacons in Kenya

18/12/2012 - 09:09
South Africa’s Woolworths will hold a 51 per cent stake in a joint venture it has formed with Kenya’s Deacons, giving it control in the operations of the new company. read more
Top firms gain from Uchumi’s debt swap offer

Top firms gain from Uchumi’s debt swap offer

18/12/2012 - 09:07
Top companies that converted their debt to Uchumi Supermarkets shares have seen their investments nearly double since the re-listing of the retail chain at the Nairobi bourse last year. read more
Kenya: Sugar prices set to increase, warns Mumias

Kenya: Sugar prices set to increase, warns Mumias

10/12/2012 - 11:05
Mumias Sugar has warned consumers of a looming sugar shortage that could push the retail prices up.  read more
Kenya: Retailers turn to IT to stem coin shortage

Kenya: Retailers turn to IT to stem coin shortage

06/12/2012 - 10:52
Retailers in Kenya are counting on adoption of technology to stem a coins shortage that is affecting their operations.  read more
Kenya: Nakumatt Opens Another Branch in Uganda

Kenya: Nakumatt Opens Another Branch in Uganda

19/11/2012 - 10:10
Nairobi — Retailer Nakumatt Holdings increased its regional footprint with the opening of its 37th branch in the Western Uganda town of Mbarara. read more
Kenya’s Sunripe Seeks Partners as Demand for Fresh Produce Grows

Kenya’s Sunripe Seeks Partners as Demand for Fresh Produce Grows

09/11/2012 - 08:34
Sunripe, a closely held East African grower that supplies U.K. supermarkets such as Waitrose Ltd., Asda Stores Ltd. and Tesco Plc (TSCO) with avocados and mangoes, is looking for investors to expand its business and help it keep up with increasing demand. read more
Beer firms bank on women to grow sales

Beer firms bank on women to grow sales

29/08/2012 - 09:45
Beer makers are toasting to the rise in the number of women drinkers with the hope that this group will power their next phase of growth. read more
Massmart in talks to enter Kenya

Massmart in talks to enter Kenya

11/07/2012 - 09:08
Johannesburg - Retailer Massmart [JSE:MSM] is in talks to enter Kenya, a senior executive said on Tuesday, the latest step by the unit of Walmart Stores to expand its presence in Africa. read more
Biotech crops in SA up by 100,000ha in 2011

Biotech crops in SA up by 100,000ha in 2011

09/03/2012 - 08:48
Biotech crops in SA have for the second consecutive year increased by 100,000 hectares in 2011, according to an expert. read more
Kenya: Homegrown retailers gearing for duel with South African giants

Kenya: Homegrown retailers gearing for duel with South African giants

06/03/2012 - 08:57
Kenyan retail chains that have gone aggressive in their regional expansions are expected to meet stiff competition from South African retailers such as Massmart, Shoprite, Pick n Pay and Spar.  read more
Kenya's tea auction resumes Wednesday, tax row resolved

Kenya's tea auction resumes Wednesday, tax row resolved

29/02/2012 - 08:18
Kenya, the world's largest exporter of black tea, will resume its weekly tea auction this week after resolving a tax dispute, a senior government official and traders have said.  read more
Food price pressures

Food price pressures

13/02/2012 - 07:51
Johannesburg/Lusaka - A tight grain supply outlook after several bumper harvests is set to fan food price pressures in southern Africa, fuelling salary demands and threatening to knock the region's fragile economies out of kilter. read more
SABMiller eyes Kenya's premium beer segment with Miller Genuine Draft

SABMiller eyes Kenya's premium beer segment with Miller Genuine Draft

08/12/2011 - 09:00
SABMiller will introduce its third beer, Miller Genuine Draft, in Kenya on 8 December, aiming at the premium segment of the local beer market which is currently catered to by rival beer brands Heineken and Tusker Malt. read more
Heineken opens regional headquarters in Kenya

Heineken opens regional headquarters in Kenya

30/11/2011 - 10:01
Dutch brewer Heineken has opened a regional headquarters in Nairobi to drive growth of its brands in the East African beer market. The office will be headed by its East African arm's general manager, Koen Morshuis. read more
Kenya-based firm to provide 100,000 small farmers with micro-loans

Kenya-based firm to provide 100,000 small farmers with micro-loans

11/11/2011 - 14:25
New York/Nairobi, 11 November 2011—Juhudi Kilimo, a Kenya-based investment firm, announced today that it will provide some 100,000 smallholder rural farmers in Kenya—more than half of them women—with access to micro-loans and basic financial training by 2016 as part of the firm’s commitment to the Business Call to Action (BCtA), a global initiative that encourages companies to fight poverty while boosting business opportunities in developing countries.  read more