Author: KahawaTungu Reporter

The search for a new chief executive has begun for Pan-African homes financier Shelter Afrique following the exit of former chief executive James Mugerwa. According to a notice issued by the company all applicants are required to have ethical, professional and results-oriented leadership approach” along with multi-cultural leadership skills. All applicants interested must be citizens of one of the 44 Shelter Afrique Member states, hold a master’s degree in management and economics, and 15 years worth of experience in the respective leadership positions. Read: Auditor General Targets Nakumatt Over 39 Storey Building “As part of its transformation and restructuring program, the company seeks…

As of November, Silverstone Air Services will be offering its customers direct flights between Kisumu and Mombasa. The announcement follows the launch of commercial flights from Nairobi to Kisumu and Ukunda on Tuesday. According to Silverstone Air managing director Mohamed Somow a one way ticket between Kisumu and Mombasa will cost approximately Sh10,000. Read: Jambojet, Safaricom Launch ‘Buy and Fly With Lipa Na M-PESA And Jambojet’ Campaign For passengers flying between Kisumu and Mombasa there will be a stop-over in Nairobi. “By November we will doing flights to Malindi, HomaBay and Lamu. We will also be looking to do direct flights between…

Uchumi Supermarkets Chief Executive Officer Julius Kangogo Kipngetich has been selected as an independent non-executive director of The Standard Group. “The Board of The Standard Group PLC is pleased to announce the appointment of DR. JULIUS KANGOGO KIPNGETICH CBS, EBS, as an Independent Non-Executive Director with effect from 7th October 2017,” the company announced today. This comes after the board sacked former CEO Sam Shollei following a conflict of interests during the campaign period earlier this year. The group is reportedly looking beyond the media for their next potential CEO. Read: Nation Media Group Rehires Former Senior Editor The company was also rumored…

This years Nobel Economics Prize has been given to America’s Richard Thaler for his work in behavioral economics according to the Royal Swedish Academy of Sciences. “In total, Richard Thaler’s contributions have built a bridge between the economic and psychological analyses of individual decision-making,” the award-giving body said on announcing the 9 million Swedish crown ($1.1 million) prize. Prof Thaler of the Chicago Booth business school was the co-author of a global best seller called Nudge. Read: Governor John Lonyangapuo Issues Directive on County Dress Code “His empirical findings and theoretical insights have been instrumental in creating the new and rapidly expanding…

South African advertising firm, Hubble is set to enter the Kenyan market following talks of a possible partnership with Uber Kenya. According to reports the South African company plans to install in-vehicle screens in Uber vehicles. Hubble sales and commercial director David Taitz confirmed the reports  but did not disclose the a timeline. The deal would provide a chance for Hubble to advertise to the riders as they browse through the entertainment on the touchscreens. They will provide information about attractions and restaurants, and allow riders to select from various local entertainment options. Read: Youngest Igembe South Mp Gets A Wardrobe Change…

The National Treasury has halted the installation and commissioning of mobile medical clinics connected to the Sh5 billion health scandal. The Treasury is reported to have cut Sh450 million set aside to cater for the installation and commissioning of 100 containers that are reported to be stuck at the National Youth Service yard in Mombasa. “100 portable clinics were procured and are due for installation and commissioning in the sites that are to be prepared by the Ministry,” Health principal secretary Julius Korir said. “The removal of the allocation of Sh450 million will result in the programme not being implemented…

Kenya Airways has made headlines once again following reports that four top executives have left the company. KQ has been the target of a lot of criticism over the years following their financial struggles which have been linked to poor management. Catherine Moraa (head of internal audit), Lucy Muhiu (head of employee relations), Kevin Kinyanjui (information systems director), and Brian Mbuti (in-flight and jet fuel procurement) have left national carrier. According to the companies human resource director Sammy Chepkwony the four had ‘resigned’. “We not only recognize the long service rendered to Kenya Airways by these colleagues, but also the various…

Safaricom Limited is targeting to complete the photo registration of its 19 million M-PESA users by December. The company believes that the initiative will help them abide by the law and put an end to M-PESA theft committed through stolen handsets. “We began the electronic subscriber registration early this year. The rollout and training of our agents and dealers is ongoing and we aim to finalise this by December 2017,” said Safaricom. “The plan is to cover all our customer registration points.” Read: Despite Court Order, Communication Authority Insists on Kenya’s Digital Migration Deadline The company will using a digital database…

Following weeks of scrutiny and several battles Nakumatt Supermarket is slowly showing signs of recovery. The retailer chain recently filed a petition in court following the closure of its Junction branch by the owners of the mall. “We met with the directors and managers of the Junction Mall led by director Andrew Ndegwa and the MD of Knight Frank Ben Woodhams on 25 September 2017 to demonstrate to them the restocking plan that we had initiated and that was building up to achieve full stocking by 1 December 2017. The directors and managers wished us well in this endeavor,” the…

Another notice has been issued regarding Nakumatt and its outlets. The company has been targeted over failure to settle debts. Nakumatt Westgate has issued a notice to its customers regarding the recent closure of its Westgate branch. According to reports, the retailer chain has been the target of speculation following the closure of several branches. The company recently made headlines over the closure of its Junction outlet after a file was petitioned in court. Read: Jade Collections Opens New Branch In Nairobi’s Westlands “We met with the directors and managers of the Junction Mall led by director Andrew Ndegwa and the…

Pay TV Kwese has launched a three day subscription package which will allow its customers to pay as they watch. The move by Kwese TV aims to tap into the high demand for entertainment, current affairs and sports programming. Now customers will be able to pay for a three-day, seven-day or 30-day package that will allow them to access premium content. “Kenya is an important market for us and we are excited to bring our full offering here,” said Kennedy Ojung’a, Kwese TV general manager for Kenya. Read: iWayAfrica Kenya Set To Expand After Deal With Callkey Networks Kwese TV signed a deal with Union…

iWayAfrica Kenya has been granted approval to acquire the terrestrial and VSAT customer base of Callkey Networks, a Nairobi-based corporate communications service provider and a subdivision of ImaraSat. iWayAfrica is currently available in 44 countries across Africa and prioritizes in designing, installing and operating networks to suit customers’ requirements. iWayAfrica partnered with CallKey to help increase its local presence and meet it 200-strong customer base.The government was also involved as they aim to improve the reach and efficiency of internet connectivity. The deal only adds to the ever growing competition in the internet provision sector. Read: Airtel Kenya Subscribers Jump to…

Member states within the Common Market for Eastern and South Africa (Comesa) have come to an agreement over the current state of telephone roaming charges. According to reports the member states have agreed to abolish telephone roaming charges which could be the beginning of more cost effective services for customers within the bloc. “Although pricing of voice services in many African countries was becoming competitive and comparable with the rest of the world, the cost of broadband continued to be out of reach of most people,” ministers from the bloc stated in a final report that resolved to adopt uniform…

Following the dispute between the Ndegwa family and the financially unstable retail chain Nakumatt Supermarket over the closure of its Junction Mall in Nairobi, the supermarket’s current financial situation has been revealed to the public. The Ndegwa’s closed off the company from its Junction Mall premises claiming the supermarket has failed to pay debts. After a year of verbal exchanges and disagreements the feud was finally brought to light and as a result the Ndegwa family made unwanted headlines. Read: Nakumatt Shuts Down NextGen Store Indefinitely (Photos) Earlier this week the supermarket was able to secure a court injunction which mandated…

Mitsubishi Fuso Truck and Bus Corporation(MFTBC) have announced the launching of their new line of Fuso FJ1623R trucks in Kenya. MFTBC along with Daimler India Commercial Vehicles Pvt. Ltd. (DICV) under the umbrella of Daimler Trucks Asia (DTA) have worked hand in hand with Simba Colt the official distributor of Fuso Trucks in Kenya in building trucks that ‘meet the needs of the local consumers’. According to Simba Cooperation Chief Executive Officer, Dinesh Kotecha the trucks were created to fit the growth potential shifting to developing markets in African countries and particularly in Kenya. Read: LSK Warns EACC Against Probing Supreme Court Registrar, Esther Nyaiyaki “Kenya…