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
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