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Investors pay a premium to switch Sh11bn into new bond

Nairobi, Sept. 8 -- Investors have paid the Central Bank of Kenya (CBK) a premium price to switch their holdings in a bond maturing in February 2028 to benefit from the higher interest rate and prefer... Read More


Centum new share buyback set below market price

Nairobi, Sept. 8 -- Centum Investment Company is taking a third stab at buying back 10 percent of its issued shares after previous attempts fell short due to the market price surpassing the buyback ex... Read More


Britam ready for dividends after clearing Sh5.8bn

Nairobi, Sept. 8 -- Britam Holdings has completed the elimination of accumulated losses from its balance sheet through a Sh5.87 billion reduction in its share premium account, clearing the way for the... Read More


Equity, IFAD target farmers with Sh25.8bn climate financing

Nairobi, Sept. 8 -- The International Fund for Agricultural Development (IFAD) and Equity Group have launched a $200 million (Sh25.8 billion) financing agreement for smallholder farmers and rural busi... Read More


SGR posts first operating profit since launch in 2017

Nairobi, Sept. 8 -- The standard gauge railway (SGR) recorded Sh3.2 billion in operating profit during the fiscal year 2025/26, the first time in nine years since it was launched in 2017. The SGR's e... Read More


When politicians invest in insurers, trust gap widens

Nairobi, Sept. 8 -- As we continue on our Business Talk expose of politically exposed firms within the financial services sector in Kenya, let us now switch from banking to the insurance industry. Do ... Read More


They waited years for jobs that were never their dream

Nairobi, Sept. 8 -- Many Kenyans seeking greener pastures abroad imagine that you leave the country, and in a few weeks or months, you start earning good money or stumble upon your dream job. On the ... Read More


Britam ready for dividends after clearing Sh5.

Nairobi, Sept. 8 -- Britam Holdings has completed the elimination of accumulated losses from its balance sheet through a Sh5.87 billion reduction in its share premium account, clearing the way for the... Read More


UK bans goods from Israeli settlements in West Bank, toughens stance on Israel

India, Sept. 8 -- The UK government on Tuesday announced a ban on trade in goods from Israeli settlements in the occupied West Bank, in a significant toughening of its position towards its longtime al... Read More


India joins US-led initiative to develop secure 6G networks

India, Sept. 8 -- India has joined a US-led global partnership aimed at accelerating the development of secure 6G wireless networks, the US Department of Commerce said. The initiative brings together... Read More