Companies

Steve Dakayi joins OmniRetail after the closure of BetaStore, a B2B e-commerce startup he founded in 2020. With a decade of experience in e-commerce, including a key role as the commercial and fulfillment lead at Jumia, Dakayi brings invaluable expertise to OmniRetail's expansion strategy.

Bidcoro Africa Limited, a company linked to Bidco, has successfully acquired the entire issued share capital of Suntory Beverage and Food Kenya, the producers of the well-known Ribena and Lucozade brands.

Twiga Foods recently announced a new round of layoffs, with 59 employees set to be affected as part of a broader restructuring effort. This follows a previous reduction in workforce in August 2023, when 283 staff members were let go.

Transnet is currently burdened with a staggering debt of R130 billion ($7.30 billion), a situation exacerbated by years of under-investment that have led to equipment shortages and maintenance backlogs.

The loyalty scheme, known as the d.light Points Programme, was officially launched in Kenya this month, with plans to expand to Uganda, Tanzania, and Nigeria by the end of the year. The company aims to engage over 500,000 customers through this programme before the close of 2024.