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HomeDaily NewsTuesday, August 12, 2025Jaza, Old Mutual, and Tatu City Pursue Growth Initiatives in Kenya - August 2025
Business & Economy3 stories from 1 sources

Jaza, Old Mutual, and Tatu City Pursue Growth Initiatives in Kenya - August 2025

Several companies are undertaking new initiatives in Kenya. Low-cost retailer Jaza is embarking on a significant expansion and is actively seeking new store locations across the country. In the financial services sector, Old Mutual has launched Lady Anchor, a proposition designed to address the gender gap by bundling insurance solutions with financial education for Kenyan women. Meanwhile, Deputy President Kithure Kindiki met with Tatu City leadership, including Rendeavour CEO Stephen Jennings, to discuss boosting Kenya’s investment climate via Special Economic Zones and reforming the coffee sector.

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Tuesday 3:00 PMCapital Business

Jaza eyes nationwide growth with new store hunt

Jaza eyes nationwide growth with new store hunt

Low-cost retailer Jaza is embarking on a significant expansion, actively seeking new store locations across Kenya to increase its national presence.

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Key Highlights

Low-cost retailer Jaza is embarking on a significant expansion, actively seeking new store locations across Kenya to increase its national presence.

  • Jaza aims to nearly double its current 20 outlets to 37, with each new store requiring between 3,000 and 5,000 square feet.
  • Willy Kimani, Founder of Jaza, announced these plans on the Capital FM Morning Radio Show.
  • Launched in December 2023 with its flagship store in Nairobi's Buruburu, Jaza has quickly grown to 11 branches, including locations in Gachie, Kayole Mihango, and Mombasa Road, and also offers e-commerce through WhatsApp.
Tuesday 1:56 PMCapital BusinessFirst

DP, Tatu City leaders explore investment growth, coffee sector reforms

DP, Tatu City leaders explore investment growth, coffee sector reforms

During a meeting in Nairobi, Deputy President Kithure Kindiki met with leadership from Tatu City, including CEO and founder Stephen Jennings of Rendeavour, to discuss boosting Kenya’s investment climate through mixed-use Special Economic Zones (SEZs) and reforming the coffee sector for global expansion.

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Key Highlights

During a meeting in Nairobi, Deputy President Kithure Kindiki met with leadership from Tatu City, including CEO and founder Stephen Jennings of Rendeavour, to discuss boosting Kenya’s investment climate through mixed-use Special Economic Zones (SEZs) and reforming the coffee sector for global expansion.

  • Tatu City, a major coffee producer and Kenya’s biggest miller, pledged partnership with the government to enhance value addition and export competitiveness for Kenyan coffee, with Jennings stating the brand has "unmatched potential."
  • The meeting included key officials such as Investment PS Abubakar Hassan Abubakar and Special Economic Zones Authority CEO Dr. Kenneth Chelule.
  • Tatu City, located on Nairobi’s outskirts, hosts over 100 companies and has attracted over Sh400 billion in investments, offering SEZ incentives like a 10 percent corporate tax rate for the first decade.
Tuesday 1:59 PMCapital Business

Old Mutual unveils Lady Anchor to close gender gap in financial services

Old Mutual unveils Lady Anchor to close gender gap in financial services

Old Mutual has launched Lady Anchor, a new proposition designed to address the gender gap in financial protection for Kenyan women by bundling health, life, and general insurance solutions with financial education and wellness resources.

Read Story

Key Highlights

Old Mutual has launched Lady Anchor, a new proposition designed to address the gender gap in financial protection for Kenyan women by bundling health, life, and general insurance solutions with financial education and wellness resources.

  • According to the 2024 Old Mutual Financial Services Monitor report, 46 percent of working women experience high financial stress and 51 percent say it negatively impacts their health.
  • The solution targets women aged 25 to 65, extending coverage to principal members and spouses aged 18 to 79, as well as domestic workers.
  • Lady Anchor includes benefits like HPV and travel vaccines, hormonal replacement therapy, comprehensive health coverage, and value-added emergency rescue services for motor insurance.
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