Think Business Africa’s Investment Awards has honoured Dyer and Blair Investment Bank’s Chairman Jimnah Mbaru with the 2016 Lifetime Achievement Award for his outstanding contributions to the securities exchange and investment sector in Kenya and the region. The 8th Annual Investment Awards 2016 dinner gala, held on Friday 11th November 2016 at the Radisson Blu
The Al-Futtaim Automotive Group has opened a fully-fledged technical training school at its CMC Motors complex in Nairobi. The opening of the first Al-Futtaim Automotive Academy in Sub Sahara Africa, is part of the Dubai based automotive firm’s strategic effort to boost its customer experience and after sales capacity in East Africa. Speaking when he
Kenya and Botswana have signed a Memorandum of Understanding that sees the two countries look to build their trade & Investment partnerships in agriculture ,agri-business, ICT, horticulture and manufacturing among others. Speaking during the Kenyan-Botswana Forum in Nairobi, the Cabinet Secretary, Ministry of Industry, Trade and Cooperatives, Adan Mohamed confirmed Kenya had been proactive
Strong loan growth in Kenya Business and prudent costs management initiatives helped push up KCB Group pretax profits 18.3 per cent in the third quarter of 2016. Profit before tax for the nine months ending September 30, 2016 rose to KShs. 22.9Billion from KShs. 19.3Billion in a similar period last year, KCB Group CEO and
Kenya’s largest telecommunication service provider Safaricom continued on its impressive run and cementing its place as one of the region’s most profitable organizations. In the period ending September 2016, the telecom giant registered a 32.4 percent increase in net revenue compared to last year to record Ksh 23.9 billion. Service revenue grew by 15.4 percent
…as West Kenya/Nyanza operator Climax Transport Company takes delivery of 20 units Local Motor dealer, CMC Motors has renewed its market focus on the large passenger bus segment, with the delivery to market of the German Engineered MAN model buses. The firm’s strategic focus on the large passenger buses with a capacity to carry 67
Istanbul, Turkey, The Kenyan government is keen on strengthening its bilateral relations with Turkey at the on-going Turkey-Africa Economic and Business Forum (TABEF 2016), in Istanbul. A delegation of over one hundred (100) strong Kenyan companies is already present in Turkey to reinforce the Government’s commitment to grow trade and investments between the two countries.
Kenya’s largest telecommunication company Safaricom has released its 5th Sustainability Report in which it highlights and gauges the business environment under which the company operated under in the past 12 months. The report covered four key areas in Governance, risk and regulation, network quality, innovation as well as environmental impact. The sustainability report is a