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Kenya Airways gets new board chair, directors amid sale plans

Nairobi, March 5 -- Kenya Airways (KQ) has appointed businessman Kiprono Kittony as chairman of its board, with economist David Ndii among three new directors joining the airline's governing body amid... Read More


KRA eyes mega real estate expansion in data centres, offices, housing plan

Nairobi, March 5 -- The Kenya Revenue Authority (KRA) is eying a major real estate expansion that will see it develop new infrastructure, including data centres, warehouses, staff offices, housing, la... Read More


NSE sheds Sh132bn in wake of Israel-Iran war

Nairobi, March 5 -- The Nairobi Securities Exchange (NSE) has shed Sh132.74 billion in valuation over the last four days after coming under pressure from selling by local institutional investors who a... Read More


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


Nitish Kumar's Delhi Shift Sets Off Succession Race in Bihar

India, March 5 -- "For more than two decades, you have consistently placed your trust and support in me, and it is on the strength of that trust that we have served Bihar and all of you with complete ... Read More