Business

Listed Retail Chain Uchumi supermarkets is coming back to the stock market having learnt painful lessons which it says will keep the firm profitable into the foreseeable future according to the chief executive officer. Uchumi’s CEO Jonathan Ciano told an investor briefing that the new strategy that has seen the firm turn around will also see it scale even greater heights. Uchumi will re-listed at the stock market yesterday, after returning to profitability.

Will the Budget be read on the 08th of June, the date set by Finance Minister Uhuru Kenyatta? That is the question that is holding the business community on tenterhooks as a massive disagreement has emerged over the validity of the proposed date. And as Alex Mwangi reports, the Finance Minister is set for a showdown with the Parliamentary Budget Committee over the appropriate date for the Budget.

Following resource-based conflicts among member states of the Inter-governmental Authority on Development, IGAD, the consortium is holding a meeting in Mombasa to address the issues. The conference will review effectiveness of the Conflict Early Warning and Response Mechanism, CEWARN, which focuses on pastoral and related conflicts in cross border areas in member states.

The Money Matters show has been running a month-long series dubbed "spotlight on Uganda" and Larry Madowo spoke to the executive Director of Uganda Communication Commission about the broadcast media in and the alleged shutdown of Twitter and facebook in Uganda. Here is the interview in case you missed it.

The Africa Business Agenda has come out of research conducted by PricewaterhouseCoopers, and is the result of interviews with 1,200 CEOs globally, including 31 in Kenya. NTV's Business Editor, Wallace Kantai, speaks to Bob Collymore, CEO of Safaricom, on the talent challenge facing Kenyan CEOs.

The Africa Business Agenda has come out of research conducted by PricewaterhouseCoopers, and is the result of interviews with 1,200 CEOs globally, including 31 in Kenya. NTV's Business Editor, Wallace Kantai, speaks to James Mwangi, Group CEO of Equity Bank, on the Africa Business Agenda.

The Africa Business Agenda has come out of research conducted by PricewaterhouseCoopers, and is the result of interviews with 1,200 CEOs globally, including 31 in Kenya. NTV's Business Editor, Wallace Kantai, speaks to Seni Adetu, CEO of East African Breweries Limited, on the state of confidence among Kenyan CEOs.

The Africa Business Agenda has come out of research conducted by PricewaterhouseCoopers, and is the result of interviews with 1,200 CEOs globally, including 31 in Kenya. NTV's Business Editor, Wallace Kantai, speaks to Hylton Bannon, Managing Director of Toyota East Africa, on investing in Africa.

Listed financial services group, CFC Stanbic Holdings has now completed the separation of its banking and insurance subsidiaries. This means that the two units can now be listed as separate entities on the Nairobi Stock Exchange. NTV’s Stephen Kimani reports.

The Federation of Kenyan Employers is opposed to the recent move by the government to raise the monthly contribution of higher income earners to the National Hospital Insurance Fund. FKE Chairman Patrick Obath says employers are not party to that decision as they were not consulted. NTV’s Kaara Wainaina examines this looming standoff between employers and the government.

The government has been challenged to establish an independent regulatory body to oversee the microfinance sector. In an exclusive interview with NTV, the man regarded as the Father of Microcredit, Professor Muhammad Yunus has said such a move would enable microfinance institutions to thrive freely without the risk of being crowded out by the mainstream banking sector. NTV’s Stephen Kimani with more insights from the Microfinance Guru.

Is microcredit the best means for alleviating poverty? Well, this is the question that both economists and social scientists sought to answer as the Africa-Middle East Microcredit Summit entered its third day. And as Alex Mwangi explains, microcredit - if used appropriately – can transform whole communities from a life of deprivation to that of relative comfort.