Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, has announced the successful first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF)at US$120 million. The fund is targeting a final size of US$250 million. Now with more than US$400m of capital […]
Nairobi Members of the County Assembly have approved a motion that will allow the construction of an electric train transport system to reduce congestion and traffic jams. The mover of the motion, Hospital ward MCA Patrick Mbangula Musili, introduced the motion two weeks ago seeking to see the development achieved […]
The Ministry of Health has today launched the National Strategic Plan for the Prevention and Control of Non-Communicable Diseases 2021/22-2025/26 in Nairobi. The newly launched strategic plan comes at a time when there has been a marked increase in NCDs such as hypertension, heart disease, stroke, cancer, diabetes, mental illnesses, […]
Residents in Parklands and neighboring communities in Nairobi will now access more reliable health services following the unveiling of a new state of the art medical centre. The Medilife Centre located in Westlands was unveiled on Saturday July 24th, in a colorful ceremony graced by area MCA Jayendra Malde who […]
Kenya Breweries has relaunched an affordable quality whiskey into the Kenyan market, primarily targeted at young, upwardly mobile and fun-loving consumers of both genders. Mr Dowell’s is a smooth and fairly-priced whiskey with an unmistakable golden color that signifies its quality as well as aesthetic appeal. Priced at between Sh220 […]
Leading local retail chain, Naivas Supermarket has opened doors of its newest and biggest outlet yet in Kisumu City at the Simba Union along Kakamega road. The new store a food market, will be the retailer’s 3rd outlet in Kisumu covering about 30,000 square feet of trading space. This new […]
Investment management firm, Cytonn has been offering an unregulated product from as early as 2016 and defied numerous efforts to regulate them, Capital Markets Authority (CMA) has revealed. In a report to the National Assembly, CMA said efforts taken over the five year period to have Cytonn place the contentious […]
Upfield, the largest plant-based consumer products company in the world and manufacturer of Blue Band has introduced yet another innovation in the Kenyan market in the form of Altis Extra Virgin Olive Oil. Altis Extra Virgin Olive Oil is 100% natural olive oil made from olives by cold extraction which […]
Naivas Supermarket has opened a new branch in Githurai 44 as it strives to achieve its 80 outlets target this financial year. The Githurai outlet was opened today as Naivas seeks to strengthen its hold as a top retailer in the country. Situated on Kamiti road, the branch will be […]
Naivas Supermarkets is set to open its 5th outlet within the greater Thika Road region. The new branch will be located at Githurai 44 and will complement Mountain Mall, Kasarani, Eastern Bypass and Spur Mall branches situated along the highway This will be Naivas’s first store within its new financial […]