Tag "Nakumatt"

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Afternoon business highlights – October 16 2017

Government subsidy plan helps low income homes acquire cooking gas at less than half the price Low income homes will now acquire 6kg gas cylinders with cooking accessories at a discounted

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Business highlights – October 4 2017

SAP Skills for Africa delivers 52 skilled graduates to drive digital transformation in East Africa Digital transformation initiatives in East Africa received a welcome boost this week as 52 skilled

High Court issues restraining order against Junction Limited

The High Court has this afternoon issued a restraining order against Junction Limited. The order issued by Commercial Division Judge Joseph Onguto under a certificate of urgency restrains Junction Limited,

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Nakumatt denies wrongdoing in Junction Mall saga

Nakumatt has issued a formal statement to inform its customers, stakeholders and the general public about the recent developments at its Junction branch. The retailer said today that after posting a

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Afternoon business highlights – September 28 2017

Cytonn Real Estate launches Ksh20 billion mixed use development in Kilimani Cytonn Real Estate, the development affiliate of Cytonn Investments, has launched a Ksh20 billion iconic mixed-use development project. Named “Cytonn Towers”,

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Tuskys and Nakumatt set the record straight on rumoured merger

Tuskys and Nakumatt, two of Kenya’s most renown retailers, have today released a joint statement regarding their discussed business merger. “In response to media reports about a proposed merger of

Newspaper summaries – September 19

Daily Nation Nasa: We don’t want Al Ghurair and Morpho in poll Nasa leader Raila Odinga on Monday demanded new firms print ballots papers and provide technology for the repeat

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Afternoon business highlights – September 18 2017

Economy will weather political storm, Vision 2030 Secretariat assures Kenya’s Vision 2030 Delivery Secretariat sees investment activities in Kenya increasing significantly after the October 17th repeat presidential elections on the back

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Business highlights – September 14 2017

Interest rate cap worrying foreign investors, says CBK Governor Foreign investors have expressed concern on Kenya regulating interest rates. Central Bank of Kenya Governor Patrick Njoroge says a majority of investors

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Business highlights – August 29 2017 – Relief for KQ as court of appeal dismisses bid to halt restructuring strategy

Relief for KQ as court of appeal dismisses bid to halt restructuring strategy: The Court of Appeal has dismissed an attempt to halt an ownership restructuring programme for national carrier