Retail Wallpost Kenya

Kenya's retail sector seeks development policy

Kenya's retail sector seeks development policy
[Carole Kimutai] For the fifth year running, the National Economic Survey has identified the retail and wholesale trade sectors as key growth drivers of Kenya's economy. In 2011, the wholesale and retail trade sector showed a growth of 7.3%, beating the manufacturing, building and construction, agriculture, transport and communication sectors.

Posted 11 years ago | Like
Retail outlet opens multimedia store

Retail outlet opens multimedia store
[Carole Kimutai] Kenyan retail outlet Nakumatt Holdings is opening a multimedia store that will be branded as Planet Media and is reportedly valued at KSh 25 million (USD 312 000). The store will feature Kenya's largest selection of books, toys and entertainment mediums including music and movie CD's and DVD's alongside a fully fledged interactive gaming section.

Posted 11 years ago | Like
The mind of a Kenyan shopper

The mind of a Kenyan shopper
[Carole Kimutai] It is that time of the year - the season of promotions, raffles, freebies and sales. But marketers in Kenya have to work twice as hard because of high inflation that has seen the cost of living go up. Basic commodity prices have almost doubled in the last 12 months and consumers have been forced to dig deeper into their pockets and make tough choices when it comes to purchases.

Posted 12 years ago | Like
Kenya: ISPs sound alarm over cyber crooks

[Carole Kimutai] Banks are now the next target for cybercrime, ICT experts have warned. Tom Omariba, UUNET MD, says cyber criminals have perfected the art of hacking into people's or organisations' bank accounts through replication of domain names. They then use the information to acccess banking details that enable them to withdraw money from their victim's accounts.

Posted 13 years ago | Like
Kenya: New software solution targets small retailers

[Carole Kimutai] As the battle for consumers rages on in Kenya, CompuLynx, an international IT and business solutions provider has unveiled iSMART Lite - a locally developed retail management software solution targeting small size supermarket outlets.

Posted 14 years ago | Like
KCB launches multi-tasking ATM

[Carole Kimutai] The Kenya Commercial Bank Group (KCB) has launched a quickserve ATM in the country. The new MCR's Intelligent Deposit ATM has a touch screen and is capable of handling cash in both Kenya shillings and US dollars. The ATM costs about KSh5.4 million.

Posted 14 years ago | Like
Finlay shuts down Mara Mara factory

Finlay shuts down Mara Mara factory
[Carole Kimutai] James Finlay (Kenya), a local tea extracts manufacturing firm, has announced the commencement of a phased shutting down of its Mara Mara Tea Extracts factory located in Kericho, Rift Valley. Finlay's sales volumes have been affected by the economic downturn and increasing competition from lower cost production centres.

Posted 14 years ago | Like
Retailer ventures into convenience stores market

[Carole Kimutai] Kenya's Nakumatt Holdings will soon unveil its plans to launch convenience stores (c-stores) as part of its expansion plans following a viability study showing a gap in the Kenyan market.

Posted 15 years ago | Like
Low season of promotions

[Carole Kimutai] Economic crunch forces Kenyan shoppers to change consumption habits.

Posted 15 years ago | Like
Kenyan retail supermarket now in Rwanda

Kenyan retail supermarket now in Rwanda
[Carole Kimutai] Kenyan retail supermarket chain, Nakumatt opened a branch in Kigali, Rwanda, officially opening its doors last weekend as part of its campaign in reaching the Pan African market.

Posted 15 years ago | Like
Nakumatt launches IT switching system

Nakumatt launches IT switching system
[Carole Kimutai] Retail supermarket chain, Nakumatt has moved to bolster its financial services offering with a KSh20m information technology switching system.

Posted 15 years ago | Like
Retail chain affirms investments plans

[Carole Kimutai] Kenyan supermarket chain Nakumatt Holdings Ltd will spend US$25 million for projects despite underlying political tensions in Kenya. It has reiterated its confidence in the local economy, pledging to push on with its investment and expansion plans.

Posted 16 years ago | Like
A first for Kenyan retail chain - 24-hour shopping

[Carole Kimutai] Following the growing success of a round-the-clock shopping concept introduced by Nakumatt Holdings earlier this year, the supermarket chain has expanded the service to Nakumatt Downtown in Nairobi's city centre.

Posted 16 years ago | Like
Kenya retail supermarket among the best

[Carole Kimutai] Only one African retailer other than those out of South Africa has achieved a world ranking - and that retailer is in Kenya.

Posted 16 years ago | Like
Kenya introduces punitive excise duty on plastics

[Carole Kimutai] Supermarket chain introduces reusable carrier bag as cost of manufactured goods expected to increase.

Posted 16 years ago | Like
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