Friday, May 26, 2017
warehouse

Demand for warehousing increases as importers resort to leasing

“Today, the growth of SMEs in Kenya has exploded and contributed to an increase in logistics services such as warehousing,” says Meshack Kipturgo, Siginon Group managing director . He says a number of importers today...

What you need to know about Franchise

WHAT IS A FRANCHISE? Franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship.  In franchising, franchisors (a person or company that grants the license to a...
seafarers

Govt. should support KNSL to enable trained seafarers secure jobs-SUK

Seafarers Union of Kenya (SUK) calls on the government to support the Kenya National Shipping Line (KNSL) so that those who have been trained can secure jobs. SUK secretary general Steve Owaki says Kenya’s maritime...
GM

GM is quiting India, SA for more profits in China and North America

General Motors  plans to quit selling vehicles in India and South Africa by the end of this year to focus cash and engineering effort on fewer, more profitable markets. The Detroit automaker said on Thursday...
Marine insurance

East Africa attracts more shipping lines- thanks to the new rule on marine insurance

The Intergovernmental Standing Committee on Shipping (ISCOS), is spearheading marine Cargo insurance initiative in all the member states.  The shipping agency is currently focusing on East and Southern African countries to make shippers buy marine...
VOLVO-TRUCKS

Truck manufacturer to set up Sh2.5Bn assembly plant in Kenya

Volvo Group is set to invest a Sh2.5 billion assembly plant in Mombasa, eyeing the East African region market. This will be the third assembly in Africa after plants in South Africa and Morroco. Volvo Trucks...
Tullow Oil

Kenya to audit Tullow Oil after seven years of exploration exercise

Kenya is seeking to recruit a company to audit the costs billed by Tullow Oil in their exploration and production of crude oil in northern Kenya since the year 2010. The audit is expected to be...
KPC

KPC records 12 pc growth in the year ended June 2016

Kenya Pipeline Company (KPC) has posted a 12 percent growth in pre-tax profit to Kshs 12.0 billion for the financial year ended 30th June 2016 compared to Kshs 10.7 billion achieved in the year before. The...
The port of Dar es Salaam

Tanzania’s port to operate 24/7

Government institutions at the Dar es Salaam Port will operate 24 hours a day and seven days a week (24/7) in a bid to reduce dwell time and increase competitiveness. Speaking during the 10th Tanzania...

KENYA MOVES TO SAVE IT’S AILING MANUFACTURING SECTOR

Kenya’s parliament have agreed on the legal framework to set up an independent agency to rid its market of cheap imports majorly from India and China that has seen many manufacturing corporations close down. Dubbed,...

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