Nairobi, March 3 -- Nedbank Group will spend a maximum of Sh31.6 billion in the cash component of its buyout of a 66 percent stake in NCBA Group, creating more room to pay investors who will not be ab... Read More
Nairobi, March 3 -- BAT Kenya's Managing Director Crispin Achola and Finance Director Philemon Kipkemoi are set to leave the cigarette manufacturer as part of a reorganisation by its UK-based parent c... Read More
Nairobi, Feb. 23 -- South Africa's Nedbank is guaranteed to secure a controlling stake of at least 51.17 percent in NCBA Group after receiving additional acceptances from top shareholders of the Kenya... Read More
Nairobi, Feb. 23 -- CIC Insurance Group has issued a profit warning for the year ended December 2025, anticipating its net income to fall by at least 25 percent in the absence of a one-time investment... Read More
Nairobi, Feb. 22 -- The government has fallen behind in producing more than 70,000 number plates for motor vehicles, three-wheelers (tuk-tuks) and motorcycles, hitting dealers and consumers who in som... Read More
Nairobi, Feb. 12 -- Safaricom's share price has rallied to hit Sh34, the level at which the National Treasury agreed to sell a 15 percent stake in the telco to South Africa's Vodacom Group. This mean... Read More
Nairobi, Jan. 24 -- When news leaked on Wednesday that Istanbul-based Celebi Aviation had acquired airport services firm Transglobal Cargo for $40.1 million (Sh5.17 billion), the owner of the Kenyan f... Read More