BT Intelligence

7 steps to build a strong online brand

Whether you are on social media, or you have a sleek website or you have a consistent brand aesthetic online, all is not enough. Branding your business on the web demands more of interaction than just presentation. You need to be up to speed in innovation and ingenious with the ...

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Safaricom online mall spells doom for retailers

Safaricom is gearing up to launch an online shop to retail a number of its products, including cellphones in what will certainly disrupt the retail market in Kenya. The company is already piloting the online mall, branded SafMall, internally before it rolls it out. It is not clear if the mobile ...

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Digital media devouring TV and newspaper ad revenues

Online platforms are slowly eating into the advertising revenue of television and print media, a new report shows. The trend, the report titled “Online Media Versus TV: Calm Before the Storm” by global financial services firm Deloitte says, is mainly being driven by growing Internet and smartphone penetration in the ...

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Tuskys shuts city centre branch

Tuskys Supermarkets has shut down its branch on Nairobi’s Sheikh Karume Road. The retail chain’s chief executive Dan Githua, declined to comment on the closure of what has been one of its biggest stores with multiple floors. “No comment for now,” said Mr Githua in response to queries by the ...

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KCB to layoff staff in Kenya

Kenya’s largest bank by assets KCB Group has confirmed plans to lay off an undisclosed number of staff in its Kenyan unit to cut expenses. The lender said yesterday the redundancies had been occasioned by “fast evolving technology changes, and a dynamic regulatory regime”. “KCB Bank has over the past ...

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After fallout with South African partner, Kirubi buys back Haco

Businessman Chris Kirubi is buying back his 51% stake in Haco Industries which he sold to South Africa’s Tiger Brands in 2008, the Business Daily reports today. This comes barely two years since the businessman fell out with the South African firm’s management over the company’s strategic direction. Tiger bought a ...

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A rebellion shakes up KPMG

Disgruntled employees and partners seek to oust leading audit firm’s CEO Josphat Mwaura The corner suite at KPMG East Africa is getting a little uncomfortable for Josphat Mwaura. The man who heads the regional office of the leading audit and consulting firm is not sitting pretty at all, with employees ...

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Court stops state from rolling out spying system

Milimani High Court Judge Justice John Mativo has barred the Communications Authority of Kenya from installing the controversial communication monitoring Device Management System.  Justice Mativo ruled that the installation be suspended pending the hearing and determination of a case filed by activist Okiya Omtata. Last week, Omtata moved to court ...

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Bank CEOs, directors face fresh vetting by CBK

The Central Bank of Kenya is vetting directors of banking institutions and senior managers afresh to weed out people with questionable integrity or conflicts of interest. CBK chairman Mohamed Nyaoga said today the re-vetting has been necessitated by recent bank failures that threatened to crush the confidence in Kenya’s banking ...

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Kenya US military planes deal meets headwinds

A US congressman has asked for the sale of 12 Air Tractor aircraft to Kenya to be halted to allow for investigations into allegations of faulty contracting practices, fraud, and unfair treatment. The US Defence Security Cooperation Agency (DSCA) on January 19 notified Congress of the possible sale of up to ...

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