Hass Consult banks on Riverside Drive for its mixed-use development

Hass Consult unveiled niche development Riverside Square, spanning 250 apartments, offices, boutique stores, infinity pools, gyms and open-air leisure facilities, on Riverside Drive, which it selected as the emerging hub of Nairobi’s wealthy Bohemian class, the BOHOs. “As development managers, we have led the way in financial models and market positioning in Kenya for over two decades. During that time, the real estate market has become more sophisticated, to the position, by 2019, where only carefully thought through investments with clear and under-served target markets now sell rapidly,” said Sakina…

Kenyan food with a twist

“Food tastes much better when you eat it with your hands,” declares Nairobi-based food blogger Kaluhi Adagala, using her fingers to tease some freshly baked tilapia off the bone. “It’s like a hands-on, intimate relationship between you and the food.”Adagala is in the dining room of the Delta Plaza branch of contemporary Kenyan restaurant Nyama Mama bold with African wax prints with a colorful feast of fish, meat, samosas, cornmeal and greens prepared by executive chef Lesiamon Sempele. Nairobi is the vibrant, chaotic heart of Kenya. It’s a fast-evolving city…

City Hall unable to collect Sh300 billion from defaulters

By Erick Ludeya The County has admitted to internal working challenges that have made it difficult to reign in on defaulters who owe it a staggering Sh300 billion in debts. This emerged on Wednesday during an enquiry by the Budget and Finance Commitee which was infomed that the county has only collected Sh627,511,966 million in the current financial year, from a target of Sh3.1billion. The amounts accumulate from rates, Single Business Permits,Fire,adverts,medicals,loading zones and way leaves. Officers from the Debt Collection Unit(dcu) headed by James Lempaka cited lack of operational…

New modern market to be built in Dandora, says Sonko

Nairobi Governor Mike Sonko has ordered for the construction of a modern market in Dandora estate. The market, according to Sonko will be built on a repossessed piece of public land that had been grabbed by a private developer in Dandora Phase 1. The governor revealed that the private developer was illegally given an allotment letter by the previous regime. “I have instructed my Lands CEC Charles Kerich to revoke that allotment letter to pave way for construction of the market,” said Sonko. In addition Sonko has directed Trade and…

Co-op Bank unveils Sh15.2 billion customer networking program

By Amos Mburu Cooperative Bank has unveiled a Customer Networking Forum that will enable the firm build the capacity of its customers countrywide as part of a strategy to grow their businesses in changing operating environments. These forums are part of the Ksh15.2 billion programs that the bank, in partnership with the International Finance Corporation (IFC), launched in mid-2018 to provide affordable financing and business training to Kenyan MSMEs. Speaking Director Retail & Business Banking at Cooperative Bank, Arthur Muchangi said that Customer Networking Forums are a key part of…

Access Bank partners with CNN to put a spotlight on African arts

Access Bank is the inaugural sponsor of CNN’s newest programme, Africa Avant-Garde, which will tell stories across CNN’s TV and digital platforms about contemporary African culture. This sponsorship marks five years of CNN International Commercial’s (CNNIC) partnership with Access Bank, with this new campaign demonstrating the rich and vibrant arts across the continent. The introduction of Africa Avant-Garde adds to CNN International’s unique offering of shows dedicated to African business and culture – CNN Marketplace Africa, African Voices and Inside Africa. This week sees the first content go live on CNN Style’s special Africa Avant-Garde page, accompanied by exclusive Access…

Co-op Bank to offer up to 95% financing for purchase of Isuzu vehicles’

By Amos Mburu Through asset financing, Cooperative Bank of Kenya and local vehicle assembler Isuzu East Africa (Isuzu EA) has agreed to work together with business community to accelerate economic growth. In the partnership, Isuzu customers are set to enjoy Ksh 300,000 working capital to empower their business payable in 12 months, a 60-day repayment holiday that will allow SMEs to generate monthly installments, the lowest market negotiation fee of one per cent and the longest re-payment period of 60 months in the market. Also read:Co-op Bank Leasing firm awarded…

Kabisa energy drink hits Kenyan market

A new energy drink Kabisa has hit the Kenyan market shifting market trends in the sector. The Poland manufactured product for Sub Sahara African nations was first introduced in the country in November last year. According to Mutalo Group CEO Tomasz  Nowowiejski,, the company targets to change the energy drink sector in the country. Our target is to have Kabisa as the leading energy drink in Kenya. The market is favorable as we have had double sales every month since we penetrated Kenyan market,” said Nowowieysky. Before hitting the Kenyan…

KCB Introduces more borrowing options with revamped KCB-Mpesa Platform

KCB-MPESA customers will now enjoy more borrowing and saving options and faster transaction speeds. This follows a successful migration of the offering to a new and more robust platform, KCB Bank Kenya has said in a move that will allow KCB M-PESA users to borrow a loan, pay it back the same day and borrow again. The revamped product is part of KCB Bank digital banking proposition meant to deliver sustainable growth for the business into the future. “We are continually reimagining digital finance. There is need for us to…

Cîroc launches the first edition of the ‘Ciroc Life’ pool party.

  Ciroc has launched its first edition of the ‘Ciroc Life’ pool party which promises to be an unforgettable day of music and celebration. The pool party will be part of a spectacular series that will be held every other month throughout the coming year. Setting the tone for the end of year festivities, ‘Ciroc Life’ will be an affair of pure elegance, bringing together Nairobi’s celebrities and a special music act from the newly announced partner of the brand, Kagwe Mungai. The dance floor will also be ignited by leading…