Ex-Tesco exec steps down as Nakumatt Chief Marketing Officer

KENYA – The former executive of British retail giant Tesco, Andrew Dixon has left the troubled Nakumatt Supermarkets where he had served as Chief Marketing Officer since January. Andrew Dixon had been appointed as the chief marketing officer, at a crucial time as the retailer was preparing to complete an offloading transaction of 25% stake…

Animal feeds makers sidestep quality checks over high fees

KENYA - Small-scale manufacturers of livestock feeds are side-stepping quality checks due to high service costs leading to low milk output. Research by the Kenya Markets Trust shows that a Sh4,000 fee charged by the Kenya Bureau of Standards (Kebs) for every test conducted is prohibitive for small scale makers of animal feeds. “Factors that…

Kenyan taxman adds excise stamps on beverages

KENYA - The Kenya Revenue Authority (KRA) has introduced excise stamps on additional products from next month as it moves to seal leaks in the backdrop of higher collection targets set by the Treasury. The taxman said manufacturers will from November 1 be required to affix the new generation excise stamps on bottled water, juices, soda,…

Carrefour takes Thika Road outlet after Nakumatt exit

KENYA - French retailer Carrefour will next month take over Nairobi’s Thika Road Mall (TRM) space vacated by struggling rival Nakumatt Holdings. This will be the third outlet for Carrefour, whose local franchise is held by Dubai-based conglomerate Majid Al Futtaim. The new store is expected to employ 200 people, raising the company’s staff count…