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World Bank snubs Kenya emergency loan request

Nairobi, June 15 -- Kenya will miss out on emergency financing from the World Bank sought to cushion the economy from the fallout of the Middle East conflict, with the lender instead set to consider N... और पढ़ें


Stanbic mulls startup entry in Addis to beat ownership limit

Nairobi, June 8 -- Stanbic Bank says it is ready and able to make a start-up operation in Ethiopia as it explores ways of circumventing a rule that caps foreign ownership at 49 percent when a lender e... और पढ़ें


Investor boost as Two Rivers to buy exits from real estate fund

Nairobi, June 4 -- Investors seeking to exit a Sh4.8 billion real estate fund by Two Rivers International Financial and Innovation Centre (Trific) will be bought out by the company, marking a sweetene... और पढ़ें


KMRC green bond attracts 312pc oversubscription, exceeds target to hit Sh9.4bn

Nairobi, May 14 -- Kenya Mortgage Refinance Company (KMRC)'s inaugural green bond defied absence of a tax-free sweetener to attract bids worth Sh9.4 billion against the targeted Sh3 billion, represent... और पढ़ें


Kenya Pipeline sale proceeds to fund JKIA expansion, Ruto now reveals

Nairobi, May 12 -- Kenya will use Sh38.7 billion from the proceeds of Kenya Pipeline Company stake sale to expand Jomo Kenyatta International Airport (JKIA). President William Ruto on Tuesday reveale... और पढ़ें


Kenya to spend Sh38.7bn from State asset sale on JKIA expansion

Nairobi, May 12 -- Kenya will use Sh38.7 billion from the proceeds of Kenya Pipeline Company stake sale to expand Jomo Kenyatta International Airport (JKIA). President William Ruto on Tuesday reveale... और पढ़ें


Safaricom Ethiopia takes $134m external debt on shallow local lending capacity

Nairobi, May 11 -- Regulatory constraints in Ethiopia pushed Safaricom's subsidiary in that market to take a $134.0 Million (Sh17.3 billion) worth of hard currency debt from external sources in the ye... और पढ़ें


I&M Bank Kenya marks Sh6.5bn from bond sale to repay dollar debt

Nairobi, May 5 -- I&M Bank Kenya will use part of the proceeds from its May corporate bond to retire dollar denominated debt to the tune of $50 million (Sh6.5 billion) and mitigate the firm's exposure... और पढ़ें


KMRC prices green bond at 12.2pc, eyes tax-free sweetener

Nairobi, May 4 -- The Kenya Mortgage Refinancing Company (KMRC) has offered a fixed interest rate of 12.2 percent per annum for an eight-year term for its green bond that targets to raise Sh3 billion,... और पढ़ें


Landlords face mandatory listing under KRA's Sh80bn rental tax drive

Nairobi, April 30 -- Residential rental property owners could face mandatory registration on a newly rolled-out tax portal if a proposal by the Kenya Revenue Authority (KRA) is adopted. In the newly ... और पढ़ें