Publication

Byline

Location

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


​Peter Muthoka: Strategic billionaire thrilled by new-found priesthood

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... और पढ़ें


Why billionaire Muthoka sold logistics firm for Sh5.2bn

Nairobi, Jan. 21 -- Billionaire businessman Peter Muthoka has sold his airport services firm Transglobal Cargo Centre to Istanbul-based Celebi Aviation for Sh5.17 billion ($40.1 million), marking one ... और पढ़ें


Co-op Bank boss Gideon Muriuki buys extra Sh148m shares

Nairobi, Jan. 17 -- Co-operative Bank of Kenya's chief executive officer, Gideon Muriuki, bought an additional 5.5 million shares in the company, with a current market value of Sh148.2 million, in the... और पढ़ें


NSE blue-chip firms signal increased dividend payouts

Nairobi, Jan. 5 -- Blue-chip firms listed on the Nairobi Securities Exchange (NSE) have signalled they will pay higher dividends for their respective financial years, a move that helped fuel the stock... और पढ़ें