Browsing All Posts filed under »Uncategorized«

Education and economic opportunities key to regional growth-Qalaa Chairman

January 26, 2016

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Via-PR Ahmed Heikal, Chairman and Founder of Qalaa Holdings says Middle East and Africa regions must prioritize education and economic opportunities to solve problems. Speaking at the recently held World Economic Forum in Davos, Switzerland, Heikal noted that the region stood to gain from global slowdowns to prop itself up. “With low commodity prices, high […]

UPDATE: EABL part ways with Julie Adell-Owino

December 1, 2015

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  East Africa Breweries Limited has released its group corporate relations director Julie Adell-Owino. The two parties indicate this was done amicably. Adell-Owino was extensively named in the BAT-Kenya bribery claims in a BBC Panorama program (Read it here). She describes this as a ‘shock to her and her family’ “In 2012, BAT lobbyist Julie Adell-Owino arranged […]

EABL axe executive named in BAT-Kenya scam

December 1, 2015

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East Africa Breweries Limited has axed its group corporate relations director Julie Adell-Owino. Adell-Owino was extensively named in the BAT-Kenya bribery claims in a BBC Panorama program (Read it here). “In 2012, BAT lobbyist Julie Adell-Owino arranged bribes totalling US$26,000 for three public officials in Rwanda, Burundi and the Comoros Islands. All three officials were connected […]

Approach infrastructure financing deficit with more efficiency – Qalaa Holdings

November 20, 2015

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  African governments have been urged to improve on efficiency to narrow the gap on infrastructure financing. According to Qalaa Holdings Managing Director in charge of Transport and Logistics Karim Sadek, the current $ 17B of the $93B infrastructure financing deficit in Africa is due to lack of efficiency. This he noted while speaking at the Infrastructure […]

Airports Authority warns buyers off Uchumi Supermarket Langata Rd branch.

November 19, 2015

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Plans by listed retailer Uchumi Supermarket to sell one of its iconic branches -Langata road , has hit a snag. The firm had in October announced that it would sell the hypermarket as part of its fundraising to return to profitability. However, the Kenyan Airports Authority has said the retailer cannot and will not sell […]

Why did W.E Tilley receive tens of millions of shillings every week from Imperial Bank’s JanMohammed.

November 10, 2015

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The puzzle on the passionate connection between W.E Tilley (Muthaiga) and Imperial Bank deceased MD Abdulmalek Janmohammed continues weeks after the bank was placed under the care of the Central Bank of Kenya. What was the arrangement? What was the money intended for? How long could this have gone on? These are some of the […]

Orange finally agrees to a deal with Helios.

November 9, 2015

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