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State now seeks to tighten control of KenGen's board

Nairobi, Jan. 22 -- Electricity producer KenGen wants to amend its internal rules to grant the government board control, irrespective of its shareholding, mirroring a similar move atKenyaReinsurance C... Read More


Kenya Pipeline IPO and NCBA buyout fuel capital market deals

Nairobi, Jan. 22 -- The launch of the Sh106.3 billion Kenya Pipeline Company (KPC) IPO and South African lender Nedbank's Sh109.9 billion offer for a 66 percent stake in NCBA Group have helped the Ken... Read More


Why NCBA chose Nedbank offer over rival bidders

Nairobi, Jan. 22 -- NCBA Group has revealed that it opted for South Africa's Nedbank Group as a strategic investor after snubbing other bidders, citing its preference for minimal disruption to its bus... Read More


CAK approves Zenith's buyout of Kenya's Paramount Bank

Nairobi, Jan. 22 -- The Competition Authority of Kenya (CAK) has approved the acquisition of Kenya's Paramount Bank by Nigeria's Zenith Bank Plc, on condition that the Lagos-headquartered lender retai... Read More


The legacy trap: Why brand heritage alone won't save you

Nairobi, Jan. 22 -- For decades, legacy brands didn't need to explain themselves. The name did the work. Trust was inherited, loyalty was assumed, and scale felt permanent. Sadly, that era is over. T... Read More


Kenya Pipeline woos investors with 50pc dividend promise

Nairobi, Jan. 22 -- Kenya Pipeline Company (KPC) has promised investors a dividend payout of 50 percent of net profits as it prepares to list on the Nairobi bourse, signalling an effort to position th... Read More


High Court nullifies President Ruto's advisory team

Nairobi, Jan. 22 -- The High Court has quashed the establishment of President William Ruto's advisory offices, dealing a setback to the Broad-Based government structure that had incorporated politicia... Read More


Worldcoin deletes Kenyans' biometric data after court order

Nairobi, Jan. 21 -- US- and Germany-based technology company Tools For Humanity (TFH) has deleted all data it collected from Kenyans in 2023 for its Worldcoin cryptocurrency project, according to the ... Read More


Posta struggles to recover Sh2.2 bn debt despite State intervention

Nairobi, Jan. 21 -- The Postal Corporation of Kenya (Posta) has only recovered about Sh300 million of the Sh2.2 billion owed to it by State agencies, three months after the National Treasury directed ... Read More


Patients' boost as sickle cell fully covered in SHA package

Nairobi, Jan. 21 -- The Ministry of Health is set to fully integrate Sickle Cell Disease (SCD) into the Social Health Authority's (SHA) benefits package, a move that will reshape how care for patients... Read More