Corporate
-
Serena Hotels narrows profit loss to Ksh.632 million from Ksh.1.2 billion
Serena Hotels profits plunged 47.6 percent drop to Ksh.632 million for the full year results ended December 31, 2021, from…
Read More » -
Sanlam postpones release of 2021 financial results
Sanlam Kenya has postponed the release of its 2021 full year results ended April 30, contrary to the Capital Markets…
Read More » -
Safaricom to roll out commercial operation in Ethiopia with 300 local employees
Safaricom is set to launch commercial operations in Ethiopia this year as part of the company’s regional expansion efforts to…
Read More » -
Sendy among 3 Kenyan brands on top 100 global tech firms list
Kenya’s logistics company Sendy has been featured on the list of top 100 global technology firms globally that have a…
Read More » -
IFC acquires 6.7% shares in Equity Group worth Ksh.13.9 billion, 2nd largest shareholder
The International Finance Corporation (IFC) has acquired a 6.7 percent stake in Equity Group to become the lender’s second-largest shareholder.…
Read More » -
KQ concludes 10th aviation stakeholders’ convention hosted in Nairobi
The 10th Aviation Stakeholders Convention, hosted by the African Airlines Association (AFRAA) and Kenya Airways (KQ), ended May 10 in…
Read More » -
Equity Bank secures Ksh.19.1 billion from IFC for MSMEs financing
Equity Bank has secured a Ksh.19.1 billion (US$.165 million) funding kitty from International Finance Corporation (IFC) to support Micro, Small…
Read More » -
WPP Scangroup plans to write off Ksh.4.7 billion investment
WPP Scangroup intends to write off up to Sh4.7 billion investments in its subsidiaries. The firm has thus transferred the…
Read More » -
TransCentury to raise Ksh.4.6 billion through shareholder Rights Issue
TransCentury has received a nod to raise Ksh.4.6 billion through shareholders’ Rights Issue as part of its turnaround strategy. In…
Read More » -
Kenyatta, Ndegwa family among NCBA Bank top shareholders with Ksh.10.5 billion stake combined
The Kenyatta Family and Philip Ndegwa Family are NCBA Bank’s top shareholders with a combined 25.72 percent stake valued at…
Read More »