Listed agribusiness and superfoods producer Kakuzi Plc (NSE: KUKZ) has successfully completed the inaugural export delivery of 181 Boran heifers to a Uganda-based rancher for breeding.
The breeding heifers valued at more than Kshs 13.5 million left Kakuzi’s Makuyu, Murang’a County, livestock paddocks late last week and have now been received at Mpala Farm, in Kawempe Division, Central Uganda.
Speaking when he confirmed...
Gadgets
Avocado sales growth sustains Kakuzi half-year profit run to Kshs 171.1 million
Staff Writer -
Listed superfoods producer Kakuzi Plc (NSE: KUKZ) has announced a Kshs 171. 1 million half-year pretax profit on the back of a difficult trading period due to the prevailing Macadamia global glut.
The firm, which recently adopted a new corporate brand identity, enjoyed a more than double profit lift against its avocado export business, which posted a Kshs 654.8 million growth, up...
Feature
Superfoods: Unga Group re-launches Amana® range of nutritious consumer staple foods
Staff Writer -
Listed food processing firm Unga Group Limited (NSE: UNGA) has announced strategic plans to capture a larger share of the local packaged consumer staple foods market by re-introducing an expanded range of nutritious products under its popular Amana® brand.
The re-launch of Amana® products, first introduced in 2014, is part of a Kshs 521 million three-year market repositioning project by the firm...
Samsung is envisioning a world where technology can exist together with people to preserve this planet for future generations. It is for this reason that Samsung is encouraging South African consumers to join its mission of “Everyday Sustainability” by taking small actions together for a better planet in their daily lives.
Samsung knows that alone, it cannot achieve its sustainability...
Gadgets
5th Edition of the Creative Business Series for Players in the African Creative Economy: A CALL FOR REGISTRATIONS
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The Creative Economy Practice at CcHUB is excited to host the fifth edition of its Creative Business Series (CBS). The Creative Business Series brings together stakeholders and aspiring players within the African creative economy, for conversations on trends in the sector.
Since its inception in January 2022, the Creative Business Series has brought together over 522 creative entrepreneurs and professionals...
Investment in Cultural Tourism will Expand Economic Opportunities
The Government will exploit Kenya’s rich cultural heritage to diversify tourist attractions
The Government is keen on promoting cultural tourism to generate more tourism revenues.
President William Ruto said the Government will exploit Kenya’s rich cultural heritage to diversify tourist attractions.
He argued that tourism is no longer just about sights and sounds but also...
News
“Global Wave of Momentum: Africa Early Stage Investor Summit (AESIS2023) Local Investor Meetups Spark Worldwide Convergence of Africa-Focused Investors”
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AESIS2023’s 40 Investor Meetups aim to facilitate networking, knowledge sharing, and collaborative relationships among investors, with the goal of driving early-stage investing in Africa and boosting the available capital pool for innovation
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In anticipation of the 10th anniversary of the Africa Early Stage Investor Summit (#AESIS2023) (www.AfricaInvestorSummit.com/), 40 Investor Meetups will be hosted by local investors and investor...
Global retail specialist Smollan and next-gen analytics software provider Pyramid Analytics collaborate to empower businesses with enhanced data-driven solutions
Global retail specialists Smollan (https://Smollan.com/) have formalised an international reseller and implementation partnership agreement with next-generation decision and business intelligence (BI) software provider Pyramid Analytics. The agreement will see Smollan, via its data and technology business, DataOrbis, expanding its current service...
News
In Kenya, 1.6 million people on low incomes now have access to electricity thanks to a project supported by the African Development Bank
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The second phase of the Last Mile Connectivity Project (https://apo-opa.info/44ggSH3), implemented in Kenya between 2016 and 2022, has helped improved access to electricity for low-income groups. At least 1.6 million people now have access to power, according to the Project Completion Report published by the African Development Bank (www.AfDB.org) on 11 August 2023.
Funded with a loan of $134.64 million...
Main Story
SAMSUNG RECORDS SPECTACULAR PRE-ORDER NUMBERS DRIVEN BY STRATEGIC DEVICE FINANCING PARTNERSHIPS
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Samsung Electronics East Africa has officially closed pre-orders for the highly anticipated Galaxy Flip and Fold 5 that were both Unpacked at a Global event held in the tech manufacturers home country in Korea. The successful pre-order which surpassed targets by over 25% cements Samsung’s position as the market leader in the Foldable smartphone category. The successful pre-order has...