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Nakumatt faces auction over Sh1.9 billion StanChart debt

Nairobi, March 5 -- Standard Chartered Bank Kenya has threatened to auction four properties linked to Nakumatt Holdings after the collapsed retail chain defaulted on loans worth more than Sh1.9 billio... Read More


Dollar godown property fund taps Sh3.8bn in restricted offer

Nairobi, March 5 -- African Logistics Properties (ALP) dollar-denominated warehouse property fund has raised Sh3.81 billion ($29.5 million) following the close of a restricted offer, narrowly missing ... Read More


Treasury kicks off shift from donor-dependent healthcare

Nairobi, March 5 -- The Treasury has kicked off preparations for the transition of the country's healthcare to a sustainable, domestically financed system, amid shocks of the waning donor funding. Th... Read More


Kenne Belgrade: Lead transaction advisor for KPC IPO speaks on the IPO's highs and lows

Nairobi, March 5 -- The Business Daily spoke to Kenne Belgrade, the team leader at Faida Investment Bank-the lead transaction advisor for Kenya Pipeline Company (KPC) initial public offer (IPO) whose ... Read More


Businessman Ndeta, co-accused face arrest over Sh4.5bn loan fraud

Nairobi, March 5 -- A magistrate's court has issued arrest warrants against two businessmen for allegedly using fraudulent means to obtainSh4.5 billion loan from Absa Bank Kenya. The court ordered th... Read More


A decision at 11, activism and jail: The making of Health PS Dr Ouma Oluga

Nairobi, March 5 -- He rocks up for the meeting quietly and on time. One dark car, one light bodyguard, a driver. He is dark himself. When he emerges from his car - tall, starched in an immaculate sui... Read More