Business Focus: The Lake Basin Mall

THE NEW SHOPPING CENTRE IN WESTERN KENYA SET TO SPUR THE REGION’S SOCIAL-ECONOMIC GROWTH. The Lake Basin Mall (LBM), the largest in Western Kenya, is expected to provide visitors with a fully-fledged shopping experience, add to the country’s GDP basket while boosting the region’s economy and ease the unemployment burden to the country, once it…

A 65M Modern Rice Mill For Kisumu

Rice is considered one of the major contributors to the realization of food security in Kenya. Initiatives being put in place by Lake Basin Development Authority together with the proposals in the next phase of the National Rice Development Strategy are expected to address most of the challenges facing rice production in Western Kenya. The…

Business Focus: Renegade Air

Kenyan airlines have resumed domestic flights following the lifting of COVID-19 travel restrictions to/from the capital Nairobi. Renegade Air is a scheduled airline based at Wilson Airport in Nairobi, Kenya. As well as scheduled services, it also offers charter services and ACMI services to customers. It is a business aviation company that was incorporated in…

EQUITY BANK PROFITS UP TO KSHS 17.9 BILLION

Equity Group Holdings PLC has announced a 98% growth in half year profits to Kshs 17.9 billion up from Kshs 9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr James Mwangi said, “The defensive and offensive strategy adopted by the Group at the onset of the Covid-19…

Kenya’s Ambitions for Aquaculture with a Deficit of 400,000 Tonnes of Fish

Farmers and the County Governments are targeting to expand aquaculture. Kenya currently produces about 500,000 metric tonnes of fish, much of which is caught in Lake Victoria. Chinese imports of Whole Tilapia – the most popular fish in Kenya – sells for around Kshs 250 per kg, compared with Kshs 350 or Kshs 400 depending…

13 Elephants in England to be Relocated to Kenya

According to Lewa Wildlife Conservancy, from the 1970s to the 1980s, ivory trade was rapidly expanding and wiped out about half of Africa’s 1.3 million elephants. Much more recently, between 2007 to 2014, the Great Elephant Census reported a 30% decline in elephant population – equivalent to a loss of 144,000 elephants from a population…