Nairobi, June 17 -- Existing and new investors who participated in Family Bank's private placement last year are set for capital gains of 24.1 percent or Sh1.93 billion when the lender lists on the Na... Read More
Nairobi, June 8 -- CFAO Mobility Kenya has taken a controlling stake of 99.4 percent in Thika-based Kenya Vehicle Manufacturers (KVM) after investing Sh2.4 billion in the assembler. The injection of ... Read More
Nairobi, June 3 -- Diversified trading firm Car and General (C&G) is set to scrap its dormant employee share ownership plan (Esop) as it considers an alternative remuneration scheme to motivate its st... Read More
Nairobi, May 30 -- Express Kenya plans to raise additional capital from existing investors by selling 50 million new shares at a price the company says will be disclosed at a later date. The pricing ... Read More
Nairobi, May 13 -- Major shareholders of NCBA Group bought an extra 449,509 shares in the bank for Sh38.8 million before South Africa's Nedbank Group made an offer to acquire a 66 percent stake in the... Read More
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... Read More
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... Read More
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 ... Read More