Nairobi bourse plans platform for trading in carbon credits
Nairobi bourse plans platform for trading in carbon credits Nairobi Securities Exchange (NSE) plans to set up a carbon-tracing board for Kenyan companies with carbon credits to sell to foreign countries and manufacturers. Power generators, petrochemical firms, steel producers, car makers, electro-mechanical firms and airlines from…
Uchumi targets Sh5bn from new strategic investor
Uchumi targets Sh5bn from new strategic investor Uchumi Supermarkets is looking for a strategic investor to take a controlling stake in the retailer in exchange for a Sh5 billion capital injection. Uchumi plans to create an additional one billion shares to accommodate the new investor, which…
KQ has drawn down half of its Sh20bn Afrexim bank loan
KQ has drawn down half of its Sh20bn Afrexim bank loan Loss-making Kenya Airways has drawn down half of a Sh20 billion ($200 million) bridging loan from Afrexim bank and expects the next tranche in two weeks, its chief executive said on Friday. Mbuvi Ngunze told…
Overvalued shilling may hit 110 to the dollar by year end
Overvalued shilling may hit 110 to the dollar by year end Economists says Kenya’s real effective exchange rate (REER) is 20 per cent overvalued and forecasted that the currency is headed for 110 units to the dollar by the end of the year. The REER…
Nakumatt Opens Shop in Malindi
Nakumatt has opened doors to its 38th Supermarket Store in East Africa in Malindi today inching closer to its 40 stores by the end of its financial year.
On Supermarkets and (In)competence
It’s important for a girl to know where to shop. Where the bargains are at, where you’ll get the best prices for the things you need, and where you’ll get value for your money. I don’t know if this is applicable across the board, but service in the supermarket is important to me.
Tis the Season for Christmas Specials
The holidays are here, and supermarkets are lining up their offers, here’s a comparison across them. Naivas supermarket is giving away over 330 goats plus many more prizes to lucky shoppers. Through its promotion dubbed Reloaded Christmas Kikwetu Naivas shoppers could win smart TV’s, fridges, DVD…
Become a Millionaire with Nakumatt
Nakumatt has launched a Christmas reward program where all shoppers doing shopping worth KES 1500 and more stand a chance to win between KES 5,000 and the grand prize of KES 1m
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