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  • Simba Corporation buys into Hemmingways Holdings

    June 12, 2017 2:45 PM 4

    Integrated business group Simba Corporation (Simba Corp) has completed the acquisition of a minority stake in Hemingways Holdings Ltd. The acquisition of the 35 per cent shareholding in the luxury hotel brand, the firm said, would provide additional capital to fund growth and expansion within the Hemingways group of companies. The acquisition signals

  • Ghanaians should develop strong taste for cocoa products

    June 9, 2017 12:56 PM 4

    Kumasi, June 08, GNA – Mr. Joseph Boahene-Aidoo, Chief Executive Officer (CEO) of Cocobod, has encouraged Ghanaians to develop strong taste for cocoa products. Increased consumption of cocoa by the people, he said, was vital to expand the local market for the crop. The Cocobod CEO’s call comes amid the tumble of the price of the commodity on the international

  • Mumias Sugar Company gets new MD

    June 9, 2017 10:12 AM 25

    MUMIAS, KENYA: Mumias Sugar Company has appointed Nashon Aseka as the new Managing Director (MD) to replace Errol Johnson. The company’s Board chairman Dr Kennedy Mulwa confirmed the appointment asking all stakeholders at the company to support the new MD. “Yes, he has been appointed to head the company. We are restructuring the management to ensure

  • Mumias Sugar boss blames DP Ruto for his troubles

    June 9, 2017 10:12 AM 7

    A letter by the immediate former Mumias Sugar CEO, Errol Johnston, says he left Kenya because of Deputy President William Ruto. In a letter addressed to the chairman of the Board, Kennedy Mulwa, and CC’d to all senior managers, Johnston explained how government officials, including Treasury PS Kamau Thugge, frustrated efforts to revive the sugar company

  • Setting records straight on SGR: Where additional costs came from

    June 9, 2017 7:19 AM 6

    Opposition leader Raila Odinga has claimed the cost of building phase one of the Standard Gauge Railway (SGR) was Sh220 billion and not the Sh327 billion spent by the Jubilee administration. Mombasa Governor Hassan Joho, one of Raila’s most loyal foot soldiers, even threatened to stop the inaugural passenger ride last week over its cost. But President

  • Meru tea factories get nod to control Sh25 million road kitty

    June 7, 2017 9:09 PM 5

    Seven tea factories in the county have won a major fight for the control of a Sh25 million road fund from the abolished ad varolem levy. In a meeting with factory chairmen from the region, the county government conceded ground and allowed the factories to control the kitty, which is meant for road maintenance in tea catchment areas on the slopes of Mt Kenya

  • Cyber security market insights shared in detailed report

    June 7, 2017 10:07 AM 1

    The Market research study, titled Worldwide Cyber Security Market Make an Inquiry about this news 2017, presents critical information and factual data about the Cyber Security market globally, providing an overall statistical study of the Cyber Security market on the basis of market drivers, Cyber Security Market limitations, and its future prospects

  • Telkom Kenya rebrands as it sheds off Orange identity

    June 6, 2017 11:11 AM 29

    Telkom Kenya on Tuesday changed its brand identity as part of a larger strategy to sharpen its competitive edge. The change is in line with an agreement made when private equity firm Helios bought a majority stake in the company last year. Telkom chief executive Aldo Mareuse said the company is now ready to become a player to be reckoned with in the sector

  • Cyber Weapons Technologies Market Analysis and Segment Forecasts by Applications, Solution, Deployment and End-User in 2017

    June 5, 2017 7:02 PM 2

    The Cyber Weapons Technologies Market provides detailed analysis of Market Overview, Market Drivers, Opportunities, Potential Application. Also Cyber Weapons Technologies Market research report provides Emerging Market trends, Raw Materials Analysis, Manufacturing Process, regional outlook and comprehensive analysis on different market segments. Top key players

  • New regional seed trade laws unveiled

    June 5, 2017 5:15 PM 8

    National seed review teams from seven Common Market for Eastern and Southern Africa (Comesa) member states have launched harmonised national seed laws. The teams from Kenya, Uganda, Rwanda, Burundi, Zimbabwe, Zambia and Malawi meeting in Nairobi backed the new laws meant to improve the movement of seeds across the region. Agriculture Cabinet Secretary