Year: 2023
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Corporate
Old Mutual Investment Group Calls on Trustees to Embrace Sustainable Investing
Old Mutual Investment Group has urged trustees to Integrate Environmental, Social, and Governance (ESG) considerations in their investment decision-making processes…
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Corporate
US-based firm to earn US$.13.5 million in deal with Kenyatta-linked NCBA
American Insurance Group (AIG), the U.S.-based finance and insurance corporation has disclosed plans to liquidate the majority of its shares…
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West Africa
NCBA Group’s financial results in 2022
NCBA Group’s 2022 after-tax profit hit a record Ksh.13.78 billion ($93.4 million) from Ksh.10.22 billion ($69.3 million) in 2021. Profit…
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Wealth Creators
How NCBA boss Gachora earned Ksh.147.7 million compensation package in 2022
Kenyan banker John Gachora, the Group Managing Director and CEO of NCBA received a total compensation of Ksh.147.73 million ($1…
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Economy
Over 100 car owners face 5-year jail term as import duty evasion probe takes cause
The Kenya Revenue Authority (KRA) is looking for 119 cars that were shipped into the country but failed to go…
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Politics
Renson Mulele Ingonga sworn in as Director of Public Prosecutions
Renson Mulele Ingonga has been sworn in as the Director of Public Prosecutions (DPP) at State House, Nairobi. Ingonga takes…
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Technology
CS Eliud Owalo officially launches Connected Africa
The Cabinet Secretary for Information, Communications and the Digital Economy, Eliud Owalo unveiled the Connected Africa Summit 2024 which will…
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Sport
Kenyan govt to reward Berlin Marathon winners with holiday
The Kenya Tourism Board (KTB) will reward top finishers from the recently concluded 2023 Berlin Marathon with a three-day holiday…
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International
Saudi Arabia lays path to creating viable Islamic securitisation and covered bond markets
Saudi Arabia ( rated A1 positive by Moody’s) is the largest Islamic finance market globally and Moody’s expects the Saudi…
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Markets
Equities Market Tumble after Large-cap Stocks Take Hit
The equities market was on a downward trajectory in the past week, with NASI declining the most by 2.2%, while…
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