Nairobi Business Ventures (NBV) has announced plans to acquire four businesses in Kenya at a combined cost of Ksh.3 billion. NBV has appointed ABC Capital as the transaction advisor for the deal and MW & Company advocates as the legal advisor. NBV intends to purchase 100 percent ownership
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Thursday summed up the four great successes achieved by the CPC in the past century. Xi, also Chinese president and chairman of the Central Military Commission, delivered a speech at a ceremony marking the centenary
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Thursday stressed the need to root out any viruses that would erode the Party's health when speaking of Party building. Xi, also Chinese president and chairman of the Central Military Commission, delivered a speech at
Kenya's economy is projected to grow by 4.5 percent in 2021 according to the World Bank’s Kenya Economic Update (KEU) report. Last year, the World Bank projected a growth of 1.5 percent in the baseline scenario due to the negative impact of the COVID-19 pandemic on Kenya’s Gross Domestic
The number of coronavirus-related deaths in Uganda has passed the 1,000 mark after 34 more patients succumbed to the disease pushing the country’s cumulative fatalities to 1,023. This as 543 more people contracted the virus from a sample size of 6,059 tests. Uganda’s caseload now stands at
Hundreds of protesters have taken to the streets in Sudan’s capital Khartoum to demand the transitional government resign over controversial International Monetary Fund, (IMF), economic reforms, seen as too harsh. The public discontent has mounted over the reforms that slashed subsidies on petrol and diesel, more than doubling their
Various stakeholders in the health and employment sector have expressed concerns over the National Health Insurance Fund (NHIF) amendment Bill 2021 as the country pushes for Universal Healthcare Coverage (UHC). The Bill, which is currently on the public participation stage, proposes to make it mandatory for Kenyans above 18
Kenya has pledged a Ksh.2.4 billion investment in the fight against Gender Based Violence (GBV) programme by the year 2022. There will also be an increase in budgetary allocation to the tune of Ksh.5.3 billion come 2026 to eradicate the irking matter in Africa which has been
President Uhuru Kenyatta assented to four Parliamentary Bills in accordance with Article 115(1)(a) of the Constitution. The bills include the Appropriation Bill 2021, the Second Supplementary Appropriation Act 2021, the County Allocation of Revenue Act, and the Finance Bill 2021. The State House said that the president signed the bills into
