Media personality Willis Raburu will not receive a Sh6.5 million bounty after the High Court overturned a judgement granted in his favour against mobile operator Airtel Kenya. Justice Linus Kassan quashed the award stating that the judgment delivered by the Milimani Chief Magistrate’s Commercial Court was a nullity as the lower court lacked authority to […]
When spirits maker Diageo faced slowing growth in developed economies, it started expanding in emerging markets. By 2004, however, many of these mature markets were becoming saturated. Emerging markets, on the other hand, were growing quickly, and the company saw an opportunity in them. Africa provided an attractive target. Its population had been growing at […]
In June this year, Kenya Breweries Limited (KBL) re-introduced their third national consumer rewards promotions with an aim in ‘fighting illicit brews’ – promotion geared at rewarding loyal Senator beer consumers. According to the initiators, the campaign aim to provide a safe, ultra-low-cost beer to compete with illegal supplies which could play a crucial role […]
EACC has affirmed that Telkom Kenya is a private company clearing the telco to embark of its plans to merge with Bharti Africa-owned Airtel Kenya. In August, the Parliament had inquired the Ethics and Anti-Corruption Commission to scrutinize how the merger deal between the two telcos was brokered and whether the state’s interests were warranted. […]
Airtel and Telkom Kenya planned merger plans are seriously dangling as EACC launches investigations into the merger details affecting the completion deadline agreed between the two companies. Airtel and Telkom, that are without doubt Kenya’s second and third-largest telecommunications firms respectively, had set tomorrow, September 27, as the final date by which they were to […]
Kenya’s giant Telco Safaricom wants Airtel and Telkom Kenya to settle Ksh.1.3 billion debt ahead of the planned merger of operations by the two mobile service providers. Acting Safaricom Chief Executive Officer Michael Joseph stated through a statement to the media that the company is not opposed to the merger between Airtel and Telkom Kenya […]
