Month: May 2022
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Corporate
Family Bank AGM approves Ksh.1.1 billion dividend for shareholders
Family Bank shareholders have approved a Ksh.1.1 billion total dividend from its 15th Annual General Meeting. Shareholders will pocket Ksh.0.83…
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Corporate
Sanlam stocks up 8.07% after striking Ksh.243.7 billion merger deal with Allianz
Thursday evening closing figures on the Nairobi Securities Exchange (NSE) saw Sanlam Kenya stocks edge up 8.07 percent to trade…
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Politics
President Kenyatta pushes need for Africa’s unity on international issues
President Uhuru Kenyatta has emphasized the need for Africa to speak with one voice on international issues that have a…
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Economy
US Pension funds onboard KEPFIC with a Ksh.60 billion investment portfolio in Africa
A number of United States pension funds and foundations are seeking to inject over Ksh.60 billion into Africa as they…
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Corporate
Atwoli goes after NSSF Board over Uhuru’s order to appoint Omamo
The Central Organization for Trade Unions (COTU) Secretary General Dr. Francis Atwoli has come out guns blazing over the failure…
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Health
Africure receives Ksh.1.7 billion capital injection for Africa operation
BluePeak Private Capital has injected a Ksh.1.7 billion investment in Africure to boost Africa’s self-reliance through increased local pharmaceutical manufacturing…
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Economy
Kenya’s economy grew by 7.5% in 2021 from 0.3% contraction in 2020; KNBS
Kenya’s economy rebounded to 7.5 percent in 2021 from a 0.3 contraction that was registered in 2020 when coronavirus hit…
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Politics
Odinga’s opinion poll rally as Ruto heaves with 39% lead
With slightly over 90 days to Kenya’s general election, both Raila Odinga and his presidential opponent William Ruto are marshaling…
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Corporate
Quick Mart, Wasoko among little known nine billion worth companies in Kenya; see full list
Kenya is the third country with nine billion worth, yet fastest growing companies in Africa according to latest report by…
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Economy
DCI summons Chinese contractors for frustrating President Kenyatta’s Ksh.1.3 billion Nyanza project
Two Chinese construction firms undertaking national government water flagship projects have been ordered to appear before the Directorate of Criminal…
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