Ethiopian Coffee Chain Tomoca Coffee opened its doors to the Kenyan market at the Two Rivers mall, Nairobi. “Kenya has a very young and dynamic population with good purchasing power, which demands high-quality products and services that are on par with international standards. The retail industry is also supported by low overhead fees, mainly through low rental fees and attractive incentives by property landlords,” says Amir Yusuf, Tomoca Coffee Kenya Limited, MD. https://twitter.com/CaffeeTomoca/status/1273183098579058688?s=20 Tomoca Coffee is Famed for authentic coffee experience and it prides itself in the art of marrying Ethiopian Coffee with the Italian technique. Some of their drinks…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
MGM, Universal, and Bond producers, Michael G Wilson and Barbara Broccoli say the 25th installment in the franchise will now open globally on 2 April 2021. https://twitter.com/007/status/1312122934199156736?s=20 No Time To Die was scheduled to open in April 2020 but was pushed back to 12 November in the United Kingdom and 20 November in the US because of the coronavirus pandemic. The movie has been directed by Cary Fukunaga, will star Ralph Fiennes, Rami Malek, Rory Kinnear, Ben Whishaw, Naomie Harris, Lea Seydoux and Jeffrey Wright. On the other hand, Universal has moved its F9, the ninth installment of the Fast…
Kenyan banks restructured loans worth KShs 1.12 trillion equivalent to 38 percent of the total loan book by end of August the Central Bank says. CBK said this was in line with the emergency measures announced March 18 to provide relief to borrowers. “These measures have continued to provide the intended relief to borrowers,” said Dr. Patrick Njoroge, Chairman monetary policy Committee when they met Tuesday. According to the regulator’s data, personal and household loans topped the list with KShs 271 billion in the period. For other sectors, a total of Ksh 849.9 billion had been restructured mainly to trade…
All schools in Kenya will continue to remain closed indefinitely in view of the COVID-19 pandemic until education stakeholders have agreed on necessary modalities. On Monday, President Uhuru Kenyatta during his 12th presidential address on the COVID-19 pandemic announced that the school’s resumption will be effected once the safety of all children is guaranteed. “The lives and health of our children is not a matter of debate. Learning institutions should be reopened only when we can sufficiently guarantee the safety of our children.” “In that regard, I, therefore, direct and order the Cabinet Secretary for Education to issue the Calendar…
NCBA Bank has partnered with Tatu City to provide mortgage facilities to house buyers at the Kiambu County-based mixed-use property development. Under the deal, the lender will provide prospective homeowners with options including plot purchase, construction financing, buy and build loans, equity release and closing costs. The mortgage financing will be available for both salaried and non-salaried individuals, is expected to be at an interest rate of 13.0 percent with a minimum deposit rate of 10.0 percent of the property value. Buyers purchasing land within the Tatu City project will receive up to 70.0 percent financing with a repayment period…
Nairobi Stocks Exchange (NSE) has issued an extension to the suspension from trading of Kenya Airways shares for an additional six months with effect from October 4, 2020. “Notice is hereby given on the extension of suspension from trading of Kenya Airways Plc shares,” NSE said in a statement. The extension will allow the conclusion of the airline’s operational and corporate restructuring and its nationalization following the publication of the National Management Aviation Bill, 2020, on June 18, 2020. The Capital Markets Authority (CMA) approved the suspension pursuant to the Capital Markets Act and regulation 22. The Kenyan government owns…