Naivas Supermarket has sold extra shares worth Ksh.3.7 billion to three new foreign investors in its new expansion strategy. The new investors, Proparco, Mauritian conglomerate IBL Group and German sovereign wealth fund DEG will become among the retailer’s biggest shareholders. Currently, Naivas is Kenya’s biggest supermarket by

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In quarter one (Q1) of 2022, the Real Estate sector recorded notable activities compared to a similar period in 2021 anchored on the recovery of the Kenyan economy enabling increased Real Estate property transactions and boosting investor confidence. Aggressive entry and expansion by local and international

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Naivas Supermarket has launched a micro-savings product, which will see its customers save their spare change while doing shopping. The product dubbed ‘Ukonga’ meaning saving in Zulu, has been birthed through a collaboration between the retailers and SaveApp Group, United Bank for Africa Kenya (UBA Kenya)

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