According to a Gallup public opinion poll released on Thursday, Kenyans see unemployment and corruption as the top issues that the government should address in the next 12 months. The survey, which was conducted in April, indicates that messages of job creation and curbing corruption will most likely…
Local retailers have sounded an alarm over increased cases of operational losses occasioned by shoplifting and general theft. The losses technically referred to as shrinkage in retail trade parlance is rising by the day due to what industry players fear could be a case of an emerging organised pilferage ring…
The proposed merger between Kisii Bottlers, Mount Kenya Bottlers and Rift Valley Bottlers may result in job losses, given that some functions, such as procurement, will have to be shared. Currently, each of these three companies has employed 120 workers on average. Hundreds of others also benefit from short-term contracting…
Slum water vendors, hawkers, beggars, sweet sellers and public toilet cashiers are cashing in on the ongoing coin shortage, reports the Daily Nation. As retailers look for ways of guaranteeing their supply of coins, they are now forced to buy coins from hawkers, slum water vendors,…
British-American Investments made a pre-tax profit of 1.8 billion shillings in the six months to June this year up from a loss of 109.6 million shillings in the same period last year. This ends the company’s loss making trend experienced in the latter part of last year.
A couple of things you are waking up to this morning: 1. Supermarkets are losing goods worth billions of shillings to shoplifters annually.- Daily Nation 2. National Carrier Kenya Airways (KQ) has begun a retrenchment exercise that will cover both unionisable and non-unionisable staff, during the month of…
Water vendors in Mombasa are in conflict with Mombasa Water and Sewerage Company (MOWASCO) over the implementation of a policy aimed at regulating water prices and business. The vendors blame MOWASCO of making decisions without involving them or Mombasa residents. MOWASCO on the other…
1. Domestic workers form the majority of savers in the Retirement Benefits Authority (RBA) Mbao Pension Scheme.- The Standard 2. The Capital Markets Authority (CMA) is in the final stages of finalizing regulation in its real estate investment trust (REITs) product which it hopes will help address the housing…
The VAT Bill 2012 has been met with hostility from public views as well as members of parliament. A number of MPs including Dujis MP Aden Duale and Yatta MP Charles Kilinzo have announced that they will spearhead motions to have the controversial bill withdrawn. The Bill, which was approved by…