Nairobi, Oct. 20 -- An arm of the UK government is buying a 6.5 percent stake in Quickmart through the retailer's initial public offering (IPO) for Sh1.94 billion ($15 million), marking another bid by... Read More
Nairobi, Oct. 20 -- An arm of the UK government is buying a 6.5 percent stake in Quickmart through the retailer's initial public offering (IPO) for Sh1.94 billion ($15 million), marking another bid by... Read More
Nairobi, Oct. 15 -- Kenya Pipeline Company (KPC) is considering a bouquet of solutions as it seeks to preserve its cash rich position to finance heavy capital spending on projects in the medium-term. ... Read More
Nairobi, Oct. 1 -- The World Bank (WB) has urged Kenya to consider a raft of reforms, including a value-added tax (VAT) deferment scheme on fruit processing equipment and suspension of the certificate... Read More
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
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
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
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
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
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