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UK government arm buys a 6.5pc stake in Quickmart

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... और पढ़ें


UK government arm buys a 6.5pc stake in Quickmark

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... और पढ़ें


KPC plans bond sales, bonus shares to preserve cash for projects

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. ... और पढ़ें


World Bank calls for Kenya tax changes to unlock Sh195bn investment

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... और पढ़ें


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... और पढ़ें


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... और पढ़ें


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... और पढ़ें


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... और पढ़ें


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... और पढ़ें


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... और पढ़ें