WESTLANDS AND KAREN RATED BEST PERFORMING RETAIL NODES IN NAIROBI

The tough operating environment in Kenya has led to a subdued real estate performance across the various real estate themes. This is according to the latest Cytonn Retail Sector Report-2020. The report analyses the performance of the retail sector in Kenya through tracking the changes in occupancies, rental yields and rental rates. It also outlines the retail space demand, opportunity and outlook of the sector. According to the report: In the retail sector, performance declined recording average rental yields of 6.7%, 0.3% points lower than the 7.0% recorded in 2019.…

KENAFRIC INDUSTRIES REVAMPS FRESH CHEWING GUM

Confectionery Firm, Kenafric Industries Limited (KIL) has rebranded its flagship gum brand; Fresh Chewing Gum. According to KIL the revamped chewing gum has improved gum base to deliver an enhanced chewing experience with extra lasting freshness and flavor, while maintain its current Retail Price of Kes. 5 for four pellets. Over 65% of Kenyans chew gum and as players in this consumer category, Fresh dominates in the fresh breath segment in the said category, Fresh Chewing Gum is the only Chiclet Chewing Gum with five ranges of flavor namely, Menthol,…

OPPO to unveil three innovative concept products at the INNO DAY

Global technology firm, OPPO is set to hold its annual OPPO INNO DAY on November 17, 2020 in Shenzhen, China under the theme “Leap into the Future”, in an event the firm will showcase its latest thinking and breakthroughs at the era of Internet of Experience. Tony Chen, OPPO Founder and CEO, as well as Levin Liu, OPPO Vice President and Head of OPPO Research Institute will deliver keynote speeches to share updates about the company’s technology vision and business philosophy for the new era and unveil three concept products.…

Hennessy embarks on supporting creatives, empowers e-tailers as businesses go fully digital

Hennessy embarks on supporting creatives, empowers e-tailers as businesses go fully digital Hennessy through its Never Stop Never Settle campaign initially launched before the coronavirus pandemic is supporting creatives to promote the spirit of pushing limits to achieve greater success. The initiative launched across the African continent to empower African youth actively engaged in their different lines of craft has drawn respected individuals inspired by the beverage’s spirit of standing the test time, to also inspire others to go beyond the ordinary. In Kenya, the brand has been partnering with…

Saving African Airlines: Association sets path for post Covid Recovery

The African Airlines Association (AFRAA) is now calling for a multi-sectorial and pragmatic approach by governments and stakeholders to support the recovery of air transport industry and interrelated sectors such as tourism. This was said during the conclusion of its 52nd Annual General Assembly with a rallying call for airlines to take specific measures to build resilience and emerge stronger after the crisis. The AGA, which was hosted by TAAG Angola Airlines, was held in virtual format under the theme: “Redefining Air Transport for a New Era”.  The Assembly brought…

Greenpeace Report: Intensifying Weather Events Threaten The Most Vulnerable in Africa

 A Greenpeace scientific report released today reveals that extreme weather events such as heatwaves, floods and intense rain are increasing in intensity, frequency and severity across many parts of Africa, gravely threatening human health, food security, peace, and biodiversity. Weather across sub-Saharan Africa has become more extreme and unpredictable in the twenty-first century, a trend that climate scientists project will become more pronounced in future decades. This is the key finding confirmed by the comprehensive report published today by Greenpeace Africa and the Greenpeace Science Unit. The report ‘Weathering the…

LG LAUNCHES BRAND SHOP AS CONSUMER DEMANDS FOR ELECTRONICS INCREASES

LG Electronics in partnership with Opalnet Limited has opened its fourth Brandshop amid a 20% increase in consumer demand attributed to Kenyans increasing preference for using smart electronics and appliances. LG Electronics East Africa Managing Director Mr. Sa Nyoung Kim said that an increase in disposable income, a growing middle-class and a preference to usage of smart electronics and appliances has led to an increase in demand for LG products since March 2020. “This brandshop is a showcase of our commitment to redefining retail standards in the Kenya which we…

KBL launches a brand new gin in the market

Kenya Breweries Limited today unveiled their latest offering in the spirits category, the new Chrome Gin. It is a smooth, crisp gin which is made in a distinct, authentic Kenyan style. The newest Gin innovation is the second category in the trademark following the launch of Chrome Vodka in December 2014. Speaking at the launch event, KBL Managing Director Ms. Jane Karuku celebrated the new product introduction, expressing that the launch was in line with the company’s efforts to engage the ever-evolving consumer categories in the country. Ms. Karuku Said…

Double launch for realme as brand set to launch both realme C12 and realme 7i simultaneously

Call it the Twin Launch. The world’s fastest-growing smartphone brand, realme, is set to launch two smartphones on the same day in a move that will see Kenyans spoilt for choice. Initially, the brand had announced the launch of realme 7i but has since moved to include the launch of realme C12 for the festive season. The launch will stream live on realme’s social media platforms including YouTube https://youtu.be/4H78i7bg9N8 and @realme on Facebook https://www.facebook.com/Kenyarealme/posts/177746213926560 , November 10th 2020 The two phones are hitting the Kenyan market with some amazing features…

Standard Chartered Bank partners with Kenya Community Development Foundation to support Communities in post COVID-19 recovery (KCDF).

      The partnership targets over 600 households in 3 countries and targets youth and women in Nairobi, Mombasa and Kilifi as the direct beneficiaries.    Standard Chartered Bank has partnered with Kenya Community Development Foundation to support communities facing hardships due to the ravaging effects of the novel Coronavirus pandemic. The partnership will cost Sh10 million, and will primarily target women and youth in Nairobi, Mombasa and Kilifi Counties with community hygiene and health package initiatives including; community awareness, community hand-washing stations in public areas, marketplaces, places of worship, and health facilities. As…