Lawrence Baraza
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Corporate
Mumias Sugar Company Receiver Manager restarts leasing process
Mumias Sugar Company receiver manager Ponangipalli Venkata Rao has restarted the leasing process of the sugar miller. He was given…
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Corporate
Safaricom increases skiza revenue share by 33%
Safaricom has announced an increase in Skiza revenue share for artists and content creators by 33 percent. More than 20,000…
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News
Qatar to Invest Ksh.21.7 billion in Airtel Africa’s mobile money
Qatar Investment Authority (QIA) is investing a minority stake in its telco’s mobile-money unit, Airtel Mobile Commerce BV (AMC) at…
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Economy
Central Governors ease trade tariffs to accelerate economic growth
Governors from the central Kenya Region Economic Bloc have agreed to eliminate trade tariffs for a range of products. The…
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Corporate
Safaricom approves dividend of Ksh.0.92 per share
Safaricom shareholders approved the final dividend of Ksh.0.92 per share with the dividend payout amounting to Ksh.36.8 billion. The dividend…
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Markets
July saw T-Bills oversubscribed with 106.6% subscription rate
During the month of July, T-bill auctions remained oversubscribed, with the overall subscription rate coming in at 106.6 percent, down…
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Corporate
Bamburi cement changes name in compliance with companies Act 2015
Bamburi Cement has changed its name from Bamburi Cement Limited to Bamburi Cement PLC, following registration of the new name…
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Corporate
Safaricom shareholders approve entry into Ethiopia
Safaricom shareholders gave a nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company which…
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Corporate
EABL revenue up 15% to Ksh.86 billion for year ending June
East African Breweries Limited (EABL) recorded a 15 percent growth in revenue to Ksh.86 billion for the year ended June…
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Corporate
Pride Drive partners with Toyota Kenya for corporate transport services
Kenya’s leading motor vehicle distributor, Toyota Kenya has partnered with Pride Drive, a corporate car hire company to provide safe…
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