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Kenya supermarkets snub offer to buy S Africa s Game stores

South African retail giant Massmart, which operates the Game Stores, plans to shut down its three outlets in Kenya.

Kwazulu natalSouth africaNairobi areaSouth africanGeorge bodoChris kirubiAnton wagenaarNeville hatfieldGame storesCity lodgeNairobi fairview hotelCity lodge two riversTown lodgeJohannesburg stock exchange listedWest africanSouthern africa

Kenya supermarkets snub offer to buy S Africa s Game stores

South African retail giant Massmart, which operates the Game Stores, plans to shut down its three outlets in Kenya.

Kwazulu natalSouth africaNairobi areaSouth africanGeorge bodoChris kirubiAnton wagenaarNeville hatfieldGame storesCity lodgeNairobi fairview hotelCity lodge two riversTown lodgeJohannesburg stock exchange listedWest africanSouthern africa

CBK under pressure from the rich to raise borrowing rates

CBK has resisted efforts to push bond rates above the 14 percent mark, which will reward investors while making it costly for the Treasury to borrow.

France generalGeorge bodoWilliam rutoCentral bankWorld bankParis clubCapital economist george bodoPresident william rutoUnited nationCentral bank of kenyaCbk lending ratesNcba group

Kenya moving to rev up trading

Kenya has more than 1.6 million equity market trading accounts. The problem is, the vast majority of them are inactive.

Nairobi areaGeorge bodoMumo mutisyaSettlement corpCentral depositoryEast africaGenghis capital

US remittances share grows as Europe lags

North America now accounts for two-thirds of all diaspora remittances into Kenya.

United statesSaudi arabiaGeorge bodoCentral bankNorth america

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