Year: 2023
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Wealth Creators
Dangote’s net worth down 22% in ten months on rising interest rates
Aliko Dangote’s net worth shrunk by 22 percent in ten months to October in 2023 even though he maintained the…
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Commodities
Oil Prices steady after Settling down more than $5
Oil prices were broadly steady on Thursday after the previous session’s big losses, as an uncertain demand outlook held off…
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Wealth Creators
Africa’s billionaire Dangote to secure $500MN platform for African companies transacting in US Dollar
Africa’s richest man – Aliko Dangote is partnering with two US billionaires for the Alterra Capital Partners fund, a new…
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Technology
Xecure App launches in Kenya to help prevent phone theft cases
As Kenya grapples with an alarming surge in phone theft cases, Xecure, a cutting-edge mobile phone security application, has emerged…
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Commodities
Higher oil spending likely to weaken Saudi’s stronger balance sheet
Rating firm Moody’s now thinks that higher spending that becomes inflexible through oil price cycles may weaken Saudi Arabia’s currently…
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Corporate
Old Mutual Expands Integrated Financial Services Branch Network
Old Mutual Kenya has opened its second Integrated Financial Service (IFS) branch in the Central Business District, Kimathi Street, as…
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Agriculture
Family Bank to finance 1,000 farmers to boost farm produce
Family Bank has entered into a financing deal with 1,000 smallholder maize farmers in Embu County who will access funding…
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Corporate
AA Kenya Announces Restricted Capital Raising in Ongoing Restructuring
AA Kenya PLC (AA Kenya) has announced a Restricted Public Offer (RPO) seeking to raise capital from its shareholders dedicated…
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Politics
President Ruto appoints Isaac Mwaura Govt Spokesperson
Isaac Mwaura has been appointed as the new Government Spokesperson. His appointment follows the Wednesday evening cabinet reshuffle by President…
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Politics
List of CSs affected as President Ruto Reshuffles Cabinet
Rebecca Miano appointed CS, Investments Trade & Industry, taking over from Moses Kuria Moses Kuria re-deployed to Public Service, Performance…
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