Lawrence Baraza
-
Corporate
MultiChoice Declines $2.5 Billion Acquisition Offer from Canal+
MultiChoice, a Pan-African Pay-tv operator, has rejected a $2.5 billion acquisition offer from French media company, Canal+. The company said…
Read More » -
Currencies
Nigeria’s Fight Against Naira Shortage Risky as Currency Devalued 38%
The Central Bank of Nigeria’s efforts to combat the scarcity of foreign currency are seen as a positive move for…
Read More » -
Currencies
Reasons Why Kenya Shilling is on Winning Streak Against Dollar
The Kenyan currency has been gaining against the US dollar for five days in a row as of Friday, February…
Read More » -
Markets
Egypt Hikes Benchmark Lending Rate After Deal with IMF
Egypt raised interest rates for the first time since August, breaking expectations with a move that might speed up progress…
Read More » -
Corporate
UBA Kenya Appoints Mary Muli its CEO
UBA Kenya has appointed Mary Mulili as its Chief Executive Officer, effective January 19, 2024, pending regulatory approval. If approved,…
Read More » -
Markets
Shilling Exchange Rate Closes January Down 2% Against Dollar
The value of the Kenya Shilling has depreciated by two percent against the US Dollar since the beginning of the…
Read More » -
Corporate
KPC Foundation, Laikipia County Partner to Advance Healthcare Provision
The Maili Nane community in Nanyuki, Laikipia County, is set to benefit from a newly commissioned healthcare facility, courtesy of…
Read More » -
Wealth Creators
How Dr. James Mwangi of Equity Made Ksh.492.07 Million in January 2024
Equity Group Managing Director and CEO Dr. James Mwangi, one of the wealthiest individuals on Nairobi Securities Exchange (NSE) has…
Read More » -
Technology
Why PayPal is Laying Off its 2,000 Employees
PayPal announced on Tuesday it will lay off about 2,000 employees, or 9% of its total workforce, as part of…
Read More » -
Credit Rating
Kenya Eyes Capital Markets to Repay $2 Billion Eurobond
Kenya is exploring the option of tapping the international capital markets to help fund the repayment of a $2 billion…
Read More »