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Dangote seeks to increase IPO shares on high demand

Nairobi, Sept. 30 -- The Dangote Group has opened talks with Nigeria's regulator to increase the shares offered in the ongoing Lagos refinery Initial Public offer (IPO) as the issuance faces high dema... Read More


Shelter Afrique to float Sh65billion bond in Q1 2027

Nairobi, Sept. 28 -- Housing-focused Pan-African multilateral development bank Shelter Afrique plans to issue a $ 500 million (Sh64.83 billion) sustainability-linked bond focused on East Africa in the... Read More


Bank investors face dividend squeeze in CBK capital plan

Nairobi, Sept. 14 -- Big banks face a reduced headroom for paying hefty dividends to investors as the Central Bank of Kenya (CBK) pushes for enhanced core capital, which is used to absorb unexpected f... Read More


CBK moves to rein in 'too important to fail' banks

Nairobi, Sept. 13 -- Top banks, including Equity Group, KCB Group, NCBA Group, Co-operative Bank and I&M Bank, face a shakeup in their expansion plans as the Central Bank of Kenya (CBK) moves to shiel... Read More


How CBK will keep an eye on the big banks

Nairobi, Sept. 13 -- Top banks, including Equity Group, KCB Group, NCBA Group, Co-operative Bank and I&M Bank, face a shakeup in their expansion plans as the Central Bank of Kenya (CBK) moves to shiel... Read More


CBK to cap expansion of big banks to curb risk of collapse

Nairobi, Sept. 13 -- Top banks, including Equity Group, KCB Group, NCBA Group, Co-operative Bank and I&M Bank, face a shakeup in their expansion plans as the Central Bank of Kenya (CBK) moves to shiel... Read More


James Mworia on plans to ease the projects funding pressure on Exchequer

Nairobi, Sept. 10 -- James Mworia took up the role of founding CEO of the newly created National Infrastructure Fund (NIF) on Monday, marking his exit from Centum Investment Company after nearly 17 ye... Read More


James Mworia on plans to ease the Exchequer of Sh400bn projects funding pressure annually

Nairobi, Sept. 10 -- James Mworia took up the role of founding CEO of the newly created National Infrastructure Fund (NIF) on Monday, marking his exit from Centum Investment Company after nearly 17 ye... Read More


Ruto fund eyes Sh42bn yearly returns from bonds

Nairobi, Sept. 9 -- The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastr... Read More


Ruto consolidated cargo fee directive throws KRA into a spin

Nairobi, Sept. 3 -- A directive by President William Ruto for the minimum customs charge for containerised consolidated cargo to be lowered back to the old cap of Sh2 million has triggered a fresh cha... Read More