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MTN Uganda declares first quarter dividend of Sh6.5bn

Nairobi, May 7 -- MTN Uganda has declared its first quarterly dividend of 8.5 Ugandan shillings (Sh0.2927) per share amounting to a total of Sh6.5 billion. The new dividend will be paid on June 19 to... और पढ़ें


BAT Kenya tobacco farmers' earnings up to Sh1.4bn

Nairobi, May 7 -- Farmers contracted by BAT Kenya were paid Sh1.4 billion for their delivery of tobacco leaf last year, with their earnings from the cigarette manufacturer rising 27 percent from Sh1.1... और पढ़ें


Muhoho reveals Sh20bn fortune in NCBA Group

Nairobi, May 6 -- Businessman Muhoho Kenyatta is the top individual shareholder in NCBA Group with 227.3 million shares currently valued in the market at Sh20 billion, making it the largest disclosed ... और पढ़ें


Nedbank increases NCBA buyout cash to Sh31.6bn

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... और पढ़ें


BAT replaces CEO, finance chief in executive changes

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... और पढ़ें


Nedbank guaranteed controlling 51.1 percent stake in NCBA

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... और पढ़ें


CIC issues profit warning after Sh1bn gain in 2024

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... और पढ़ें


Crisis as number plates shortage crosses 70,000 units

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... और पढ़ें


Safaricom share rallies to hit Treasury's deal price

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... और पढ़ें