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Ex-Scangroup boss seeks board ouster at AGM next week

Nairobi, June 1 -- WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm's board at the annual general meeting (AGM) scheduled for... Read More


Rise in Sh1000 bank notes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after new currency printing tender. Latest data from t... Read More


Kenya loses Sh11 billion stake in AfDB

Nairobi, June 1 -- Kenya has lost 6,715 shares at the African Development Bank (AfDB), valued at Sh11.9 billion, after it failed to complete annual subscription, affecting its ownership in the multila... Read More


63rd Madaraka Day marked in Wajir

Nairobi, June 1 -- Long before President William Ruto arrived with an apology and a bag of goodies for the people of northern Kenya to mark the 63rd Madaraka Day on Monday, Wajir had already made hist... Read More


Revealed: 90pc of KPC top owners kept secret

Nairobi, June 1 -- About 90 percent of the top owners of Kenya Pipeline Company (KPC) Plc bought their shares through proxies during the firm's initial public offering (IPO), keeping the identity of t... Read More


Ex-Scangroup boss rallies shareholders to expel CEO, board

Nairobi, June 1 -- WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm's board at the annual general meeting (AGM) scheduled for... Read More


Rise in Sh1,000 banknotes in circulation

Nairobi, June 1 -- The Sh1,000 note is entrenching itself at the heart of Kenya's cash economy as notes in circulation surged to Sh388.4 billion after the new currency printing tender. Latest data fr... Read More


Diageo to exit EABL by December, ushering in Asahi era

Nairobi, June 1 -- Diageo expects to complete the sale of its 65 percent stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings in the second half of this year, ending a 26-yea... Read More


Chasing the next big investment?

Nairobi, June 1 -- The Capital Markets Authority has been approving a growing number of special funds and multi-asset investment vehicles, signalling a notable shift in Kenya's investment landscape. ... Read More


Why we grow plants in our rented apartments

Nairobi, June 1 -- The first thing you notice when you walk into Njoki Gitahi's rented apartment in Kasarani is the sense that something alive is filling the room. There are about 31 plants, arranged... Read More