Category: Enterprise News

September 23, 2019 0

Thomas Cook folds, sparking worldwide repatriation of tourists

By mykenyancareers

LONDON, United Kingdom, Sept 23 – British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK’s biggest repatriation since World War II to bring back tens of thousands of stranded passengers.  The 178-year-old operator, which had struggled against fierce online competition for some time and … Continue reading “Thomas Cook folds, sparking worldwide repatriation of tourists”

September 20, 2019 0

TruBlaq’s CEO on fitting into Big Kev’s shoes and running a billion-shilling empire

By mykenyancareers

NAIROBI, Kenya, Sept 20 – “Here,” says TruBlaq Chief Executive Jackie Ombajo, sliding a photo of her late brother Kevin ‘Big Kev’ Ombajo across the table in her Chaka Place office, “It’s my favourite”. I study the photo for a moment and admit to their facial similarities. The photo was taken years ago, when Kevin … Continue reading “TruBlaq’s CEO on fitting into Big Kev’s shoes and running a billion-shilling empire”

September 19, 2019 0

Jambojet gets rights to fly to Kigali, Rwanda

By mykenyancareers

NAIROBI, Kenya, Sep 19 – Regional low-cost carrier Jambojet has received approval from the Rwanda Civil Aviation Authority to start flights to Kigali. The approval means that the airline can begin operations to the destination as part of its regional expansion strategy. “We are pleased to have received this approval. Kigali is one of the … Continue reading “Jambojet gets rights to fly to Kigali, Rwanda”

September 19, 2019 0

NIC Bank Partners with Isuzu EA to support SME’s

By mykenyancareers

NAIROBI, Kenya, Sep 19 – NIC Bank has partnered with Isuzu East Africa to launch an asset financing program targeting small scale traders. Dubbed “Zero Disruption” the product will allow customers access loans enhanced at no additional cost through insurance coverage for Isuzu trucks and pick-up for SME up to Sh300,000 per month for two … Continue reading “NIC Bank Partners with Isuzu EA to support SME’s”

September 16, 2019 0

VW settles Australia emissions cheating scandal

By mykenyancareers

SYDNEY, Australia, Sept 16 – Volkswagen has agreed to pay up to Aus$127 million ($87.3 million) to settle multiple class action suits brought by Australian motorists over a diesel emissions cheating scandal, the parties’ lawyers said Monday. The German car giant, which owns brands ranging from luxury Audi to lower-end Skoda, said in 2015 that … Continue reading “VW settles Australia emissions cheating scandal”

September 13, 2019 0

AB InBev revives plans for $5 bn Hong Kong IPO: report

By mykenyancareers

HONG KONG, China, Sept 13 – The brewing giant behind brands like Stella Artois and Budweiser has revived plans to raise $5 billion through an IPO in Hong Kong, resurrecting a proposal that was scuppered two months ago, Bloomberg News reported Friday. Belgium-listed Anheuser-Busch InBev is gauging investor demand and will launch the deal as … Continue reading “AB InBev revives plans for $5 bn Hong Kong IPO: report”

September 11, 2019 0

Internet Solution invests in Sh20mn Cyber Threat Intelligent Centre

By mykenyancareers

NAIROBI, Kenya, Sep 11 – Internet Solutions has introduced a Cyber Threat Intelligent Centre worth Sh20mn that will allow organizations to monitor, analyze and respond to evolving cyber threats happening every minute. The service cuts across is not limited to only financial institutions but across to both government and non-government institutions and is different from … Continue reading “Internet Solution invests in Sh20mn Cyber Threat Intelligent Centre”

September 11, 2019 0

KBL expands innovation pipeline with new Sikera Premium Apple Cider

By mykenyancareers

NAIROBI, Kenya, Sep 11 – Kenya Breweries Limited (KBL) has launched a new alcoholic beverage – Sikera Premium Apple Cider. The innovation is a distinctly light and refreshing, premium drink delivering a perfectly balanced for a drinking experience. A cider is an alcoholic beverage typically made from crushed apples. Available from today in bars and … Continue reading “KBL expands innovation pipeline with new Sikera Premium Apple Cider”

September 9, 2019 0

Equity Group Holdings expand in DRC by acquiring BDRC

By mykenyancareers

NAIROBI, Kenya, Sep 9 – Equity Group Holdings is set to expand in the Democratic Republic of Congo as it acquires a stake in Commercial Bank of Congo (BCDC). In a statement, the bank announces that it intends to merge the second largest bank in the Democratic Republic of Congo with its current subsidiary in … Continue reading “Equity Group Holdings expand in DRC by acquiring BDRC”

September 9, 2019 0

Chamber of Commerce, World Bank sign pact on public-private dialogue frameworks in counties

By mykenyancareers

NAIROBI, Kenya, Sep 9 – The Kenya National Chamber of Commerce and Industry (KNCCI) and World Bank (WB) have signed a pact to enhance public-private dialogue frameworks at the county level. This has seen the introduction of a four-year program dubbed Kenya Competitiveness Enhancement Program (KCEP) that will create opportunities for the implementing business-friendly reforms in a … Continue reading “Chamber of Commerce, World Bank sign pact on public-private dialogue frameworks in counties”