Kenya Retail Industry Outlook Survey 2020

The survey respondents are drawn from the retail sector in Kenya operating Green Groceries, Supermarket / Hypermarkets, Mini-markets, Books / Office Stationaries, Fashion/Apparel/Shoes, Pharmacies / Chemists, Sports & Athletics Stores and Restaurants; who are members of the Retail Trade Association of Kenya (RETRAK).
effect-of-incompetent-managers

Effect of Incompetent Managers

Retail employees can rise up through the ranks fairly quickly compared to a lot of other industries. It makes a great career in that respect. Entry into retail is easy and promotions come quickly provided the individual can operate a retail store, make the sales happen, follow the Policy and…
long-rains-failure-to-hit-household-budgets-hardest

Long rains failure to hit household budgets hardest

The delayed onset of the long-rain season has set the stage for tough economic times, with households most likely to feel the pinch through increased cost of basic food items. Agriculture, which is the biggest contributor to Kenya’s economy, relies heavily on favourable weather to boost yields. The weatherman has…
long-rains-failure-to-hit-household-budgets-hardest

Long rains failure to hit household budgets hardest

The delayed onset of the long-rain season has set the stage for tough economic times, with households most likely to feel the pinch through increased cost of basic food items. Agriculture, which is the biggest contributor to Kenya’s economy, relies heavily on favourable weather to boost yields. The weatherman has…
reprieve-as-court-suspends-ban-on-non-woven-bags

Reprieve as court suspends ban on non-woven bags

The High Court has suspended the ban on non-woven shopping bags until a petition filed by the Importers and Small Traders Association is determined. The National Environment Management Authority had started the crackdown on non-woven, unauthorised plastic carriers would begin on April 1.  Nema boss Geoffrey Wahungu urged Kenyans to…
uchumi-tells-creditors-to-take-sh2.5bn-haircut

Uchumi tells creditors to take Sh2.5bn haircut

Cash-strapped Uchumi Supermarkets has given its suppliers and bankers creditors two stark choices; either take 30 percent of what the retailer owes them – and give up an estimated Sh2.5 billion in debts owed to them – or, failing that, be prepared to lose all their money. In a proposed recovery…
uhuru,-museveni-arrive-in-mombasa

Uhuru, Museveni arrive in Mombasa

President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni arrived in Mombasa on Wednesday morning. The plane carrying President Museveni’s delegation landed at the Moi International Airport at 10.20am where he was received by President Kenyatta. President Museveni, who is on a two-day state visit, inspected guard of honour before…
coffee-farmers-to-be-paid-from-july-under-sh3bn-kitty

Coffee farmers to be paid from July under Sh3bn kitty

Coffee farmers will from July get advance payment from the Government under the Sh3 billion revolving fund to meet the harvesting cost of the beans. President Uhuru Kenyatta on Tuesday said the government has set aside the money through the Cherry Advance Revolving Funds to help cash-strapped farmers deliver the…