Nakumatt Supermarket now hits Rwanda

Regional retail solutions provider Nakumatt Holdings has opened its 64th branch in Kigali, Rwanda. The new Nakumatt Kagugu Supermarket covering a shop floor space of more than 5,000square feet and located at Merez Centre Kagugu now pushes the retailer’s branch...

Dollar surges, most markets sink on Fed rate call

The dollar surged against its peers Thursday and most Asian markets tumbled after the Federal Reserve indicated it will likely embark on a steeper path of interest rate hikes over the next year. Investors were sent scurrying on the prospect of tighter borrowing costs...

Nokia to buy IP network analytics firm Deepfield

Finnish telecom network equipment maker Nokia said it was planning to acquire Deepfield, a small IP network analytics company based in the United States. The price of the deal was not disclosed. Deepfield was founded in 2011 and it has about 65 employees. The deal is...