World Bank Approves US$ 750 Million Loan to Kenya
World Bank has approved a $750M (KSh 97.1B) Development Policy Operation for Kenya, split between a $340million (KSh 44.0billion) IBRD…
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Vodacom Completes US$ 2.1Bn Acquisition of 20% Govt Stake in Safaricom
Vodacom has completed its acquisition of an additional 20% effective stake in Safaricom, lifting its ownership to about 55%, just…
Kenya scores a major strategic win in the regional energy logistics space.
Kenya has won big by picking on Rwanda, which has officially opted to use the Port of Mombasa and the…
Abdi Mohamed From Bank Teller to CEO
Abdi Mohamed’s banking journey is one of the most remarkable in Kenya’s financial sector. Abdi started as a bank teller…
Williamson Tea Kenya Rebounds to KSh120.8Million Net Profit
Williamson Tea Kenya, a listed agricultural firm at the Nairobi Securities Exchange(NSE), has delivered strong earnings. Its net profit rose…
Kenya Re-Insurance Concludes Board Elections as State tightens Control
Kenya Re-Insurance Corporation recently held its Annual General Meeting(AGM) where shareholders concluded elections of the listed firm’s board of directors.…
CBK Opens link for Foreign Investors to Government Securities
CBK (Central Bank of Kenya) and Clearstream have launched a market link giving foreign institutional investors easier access to Kenyan…
Equity Group Shareholders Approve a Fat KSh 21.7 billion Dividend Payout Cheque
Equity Group Shareholders have given a nod to directors of the financial institution to issue a KSh 21.7billion dividend Cheque,…
Family Bank Shares Debut at Nairobi Securities Exchange
Family Bank officially has officially commenced trading of its shares on the Nairobi Securities Exchange (NSE). The Bank becomes the…