Author: Muindi

Kenchic, a leading player in Kenya’s poultry industry, has unveiled its new ‘Kenchic Mtaani’ butcheries to formalise the meat distribution sector and broaden consumer access to safe, quality protein. The outlets have been strategically launched in high-traffic urban and peri-urban areas, including Rongai, Utawala, Syokimau, Thika, Karen, Eldoret, and Narok. By building a proprietary retail network, Kenchic aims to strengthen control over its supply chain—from farm to counter—ensuring traceability and hygiene standards throughout. “Our priority has always been the health of our consumers and the communities we serve,” said Kenchic Managing Director Jim Tozer. “The introduction of Kenchic Butcheries is…

The Kenya Sugar Board (KSB) has announced a three-month suspension of sugar milling operations in Western Kenya, effective July 14, 2025, due to an acute shortage of mature sugarcane. The directive affects major mills, including Mumias Sugar, Nzoia, Butali, Busia Sugar Industry, and West Kenya’s Naitiri and Olepito units, spanning key sugarcane-growing counties such as Mumias, Busia, Siaya, Bungoma, Kakamega, Trans-Nzoia, Uasin Gishu, and northern Nandi. Root Causes and Industry Impact KSB Acting CEO Jude Chesire attributed the crisis to inadequate cane development planning, which has led to a mismatch between milling capacity and available mature cane. This has forced…

Samsung’s 2025 foldable smartphone series introduces three distinct models—the Galaxy Z Flip 7, the Galaxy Z Fold 7, and the more accessible Galaxy Z Flip 7 FE. Each device features upgraded hardware, advanced AI tools, and improved durability, all running on the new One UI 8 (Android 16) platform. Pre-orders begin July 9, with general availability starting July 25. Model Comparison Table Feature Galaxy Z Flip 7 Galaxy Z Fold 7 Galaxy Z Flip 7 FE Main Display 6.9″ FHD+ AMOLED, 120 Hz 8.0″ QXGA+ AMOLED 2X, 120Hz 6.7″ FHD+ AMOLED, 120Hz Cover Display 4.1″ Super AMOLED, 2600 nits 6.5″ FHD+ AMOLED 2X,…

Shareholders of Equity Group Holdings Plc, during the company’s 21st Annual General Meeting, approved the establishment of a representative office in the United Arab Emirates (UAE)—a strategic move that positions Equity as the first Kenyan bank to expand into the Middle East. The UAE office will serve as a regional hub to facilitate trade, investment, and diaspora banking services between East and Central Africa, the Gulf region, and broader markets in India, Central Asia, and South Asia. The expansion is subject to regulatory approvals from the Central Bank of Kenya and the UAE authorities. As Group CEO Dr. James Mwangi…

Nairobi-based Peach Tech, the innovative force behind Peach Cars, a digital marketplace revolutionising used car transactions in Africa, has raised $11 million in a Series A funding round. Led by Suzuki Global Ventures (SGV), the venture arm of Suzuki Motor Corporation, the round signals strong confidence in Peach’s mission to build trusted infrastructure for car ownership across the continent. Strategic Global Backing Fuels Expansion The funding round attracted a powerful consortium of investors, including Japan Bank for International Cooperation (JBIC), The Gogin Capital Co., Ltd., and returning investor UTEC (The University of Tokyo Edge Capital Partners), which made a super…

The Capital Markets Authority (CMA) has indefinitely suspended trading in the shares of TransCentury Limited (TCL) and its subsidiary, East African Cables, to protect investors. This follows Equity Bank’s seizure of both companies last week over an unpaid debt of KSh 4.74 billion. “Notice is hereby given of the suspension in trading of TransCentury PLC and East African Cables PLC shares, following the placement of TransCentury PLC under receivership and East African Cables PLC under administration, with the appointment of George Weru and Muniu Thoithi of PricewaterhouseCoopers Limited as joint receivers and managers, effective 20 June 2025,” the CMA stated…