John Ngumi: The trillion-shilling dealmaker who once went broke

John Ngumi: The trillion-shilling dealmaker who once went broke

John Ngumi, alongside four partners, birthed the Loita Capital Partners Group in 1994. [David Njaaga, Standard] John Ngumi, who is credited with brokering deals worth more than Sh1 trillion, survived by eating what he caught in Kenya’s financial jungle. Those were heady times; mega deals were rolling in, with history placing the current Industrial and […]

People – The Employment Group, Resource Solutions, Robert Walters, Adecco Foundation

UK-based Resource Solutions announced the appointment of Rory Jeffcock as its new Chief Technology Officer. In his new role, Jeffcock will lead on integrating technology solutions throughout the group’s operations teams and client services globally. He will provide thought leadership on upcoming IT trends and competitor developments and drive forward the group’s data capabilities. He […]

Beer Lovers to Pay More as EABL Increases Prices by Between KSh 10 and KSh 500

Beer Lovers to Pay More as EABL Increases Prices by Between KSh 10 and KSh 500

The price revision affects spirits manufactured under United Distillers Vintners (UDV) Kenya, such as gin, vodka, liqueur, and whisky EABL corporate relations director Eric Kiniti said they increased the prices following the 4.94% tax increase on alcoholic products by the government in October 2020 There have been continued restrictions in the liquor business environment that […]