It has five stores in Nairobi. Yaya Center, the Westgate Mall, The Junction Mall, Karen Shopping Centre, and Serenity Spa in Thigiri.
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Directors at WPP Scangroup (NSE:SCAN) have approved the sale of 100% of its shareholding in Millward Brown’s Nigeria, West Africa, and East African business as part of its new strategy, selling Global Kantar Group, a Data, insights and consulting, to Bain Capital Group. Funds raised from the sale will be used in expansion and capital needs with 40% of the proceeds being paid out as a special dividend to shareholders. “The sale will realize approximately KSh 5 billion after estimated tax and costs. The consideration has been arrived at under a global competitive auction process carried out by WPP Plc,”…
Banks and micro-finance institutions paid Kenya Revenue Authority KSh 207.2 billion in 2017 and 2018 Kenya Bankers overwhelmingly think the current tax policy is not supportive of the industry according to the latest state of the banking industry report. The study by PricewaterhouseCoopers (PwC) revealed that a majority of the bankers feel excluded from the tax policy setting where 81.1% of the survey participants either disagreed or strongly disagreed with the statement that there is predictability in the process of making changes to the tax framework and inclusion of industry stakeholders in the process. “This lack of engagement of the…
The quality of education and training provided by African countries has worsened since 2014, leaving many of the continent’s growing population of young people ill-prepared to enter the job market, according to the Ibrahim Index of African Governance (IIAG). The report found out that on average enrolment and access to education were particularly low in the tertiary sector. “This has resulted in the burgeoning youth population being faced with increasing struggles when entering the job market,” researchers at the Mo Ibrahim Foundation write. The full biennial report judging security, human rights, economic stability, just laws, free elections, corruption, poverty, infrastructure…
National Cement Company Limited, a member of the Devki Group of Companies has taken over all cement and non-cement assets and business of ARM Cement PLC for KSh 5.0 Billion. ARM Cement was placed under administration in August 2018 over Ksh19.3 billion debt. “We are happy to inform you today that we have been able to complete the ARM acquisition and cleared all the transaction cost amounting to Sh5 billion to the PriceWaterhouseCoopers (PwC),” Devki Group chairman, Nerandra Raval. The firm said 1,100 employees of ARM Cement will be retained by the new operator, National Cement Company. In October 2018, Creditors…
Their research is helping us fight poverty -The Royal Swedish Academy of Sciences. Abhijit Banerjee, Esther Duflo and Michael Kremer have been jointly awarded the Nobel Prize in economics “for their experimental approach to alleviating global poverty”, by The Royal Swedish Academy of Sciences. The three were awarded the Sveriges Riksbank Prize in Memory of Alfred Nobel and awarded every year since 1969 — for developing a method to identify the causes of poverty and analyze the costs and benefits of policy interventions through field studies. Banerjee and French-American Duflo both work at the prestigious Massachusetts Institute of Technology while…