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IBM to spend $1.2 billion to expand cloud services

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Posted by admin 95 days ago (http://www.businessdailyafrica.com)
IBM Corp said it will invest more than $1.2 billion to build up to 15 new data centres across five continents to expand its cloud services and reach new clients and markets.

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Munga, Rawat add Sh1bn each in a month at Britam

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Posted by admin 92 days ago (http://www.businessdailyafrica.com)
Britam’s top investors Dawood Rawat and Peter Munga have added more than Sh1 billion each to their holdings over the past month as the firm’s stock Monday rallied to a new peak.

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JKIA eyes top global fast-food chains in tender

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Posted by admin 92 days ago (http://www.businessdailyafrica.com)
Kenya Airports Authority (KAA) is seeking global fast-food chains like McDonalds to open shop at the Jomo Kenyatta International Airport in Nairobi.

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The rise of chief executives with PhDs

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Posted by admin 92 days ago (http://www.businessdailyafrica.com)
Corporate Kenya has witnessed a rise of chief executives holding PhD degrees, a step-up from the favoured MBA title.

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Mumias seeks financier for Sh34bn Tana plant

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Posted by admin 92 days ago (http://www.businessdailyafrica.com)
Mumias Sugar has opened talks with local and international banks to help build a $400 million (Sh34.3 billion) factory in Tana Delta in August.

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Drug firms question Sh1bn VAT demand

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Posted by admin 92 days ago (http://www.businessdailyafrica.com)
Nine pharmaceutical companies have moved to court to block Kenya Revenue Authority (KRA) from demanding VAT charges worth Sh1.1 billion.

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How this university drop-out built a multi-million dollar empire

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Posted by admin 92 days ago (http://www.howwemadeitinafrica.com)
Kenya's Heshan de Silva believes in investing in businesses that will make a difference.

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Mugabe’s sister dies

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Posted by admin 92 days ago (http://www.bdlive.co.za)
Zimbabwean President Robert Mugabe makes first public appearance in weeks following death of his last surviving sibling, Bridget

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