Business
Family Bank AGM approves Ksh.1.1 billion dividend for shareholders
May 6, 2022
Family Bank AGM approves Ksh.1.1 billion dividend for shareholders
Family Bank shareholders have approved a Ksh.1.1 billion total dividend from its 15th Annual General Meeting.Shareholders will pocket Ksh.0.83 per…
Sanlam stocks up 8.07% after striking Ksh.243.7 billion merger deal with Allianz
May 6, 2022
Sanlam stocks up 8.07% after striking Ksh.243.7 billion merger deal with Allianz
Thursday evening closing figures on the Nairobi Securities Exchange (NSE) saw Sanlam Kenya stocks edge up 8.07 percent to trade…
US Pension funds onboard KEPFIC with a Ksh.60 billion investment portfolio in Africa Â
May 5, 2022
US Pension funds onboard KEPFIC with a Ksh.60 billion investment portfolio in Africa Â
A number of United States pension funds and foundations are seeking to inject over Ksh.60 billion into Africa as they…
Atwoli goes after NSSF Board over Uhuru’s order to appoint Omamo
May 5, 2022
Atwoli goes after NSSF Board over Uhuru’s order to appoint Omamo
The Central Organization for Trade Unions (COTU) Secretary General Dr. Francis Atwoli has come out guns blazing over the failure…
Kenya’s economy grew by 7.5% in 2021 from 0.3% contraction in 2020; KNBS
May 5, 2022
Kenya’s economy grew by 7.5% in 2021 from 0.3% contraction in 2020; KNBS
Kenya’s economy rebounded to 7.5 percent in 2021 from a 0.3 contraction that was registered in 2020 when coronavirus hit…
Quick Mart, Wasoko among little known nine billion worth companies in Kenya; see full list
May 5, 2022
Quick Mart, Wasoko among little known nine billion worth companies in Kenya; see full list
Kenya is the third country with nine billion worth, yet fastest growing companies in Africa according to latest report by…
DCI summons Chinese contractors for frustrating President Kenyatta’s Ksh.1.3 billion Nyanza project
May 5, 2022
DCI summons Chinese contractors for frustrating President Kenyatta’s Ksh.1.3 billion Nyanza project
Two Chinese construction firms undertaking national government water flagship projects have been ordered to appear before the Directorate of Criminal…
Two Indomie products flagged for posing danger to human health
May 4, 2022
Two Indomie products flagged for posing danger to human health
Food Safety Authority of Egypt (FSA) ordered two products of Indomie to be recalled from the market for being unfit…
EU to halt Russian crude oil imports in fresh sanctions
May 4, 2022
EU to halt Russian crude oil imports in fresh sanctions
The European Union (EU) will phase out Russian crude oil imports over the next six months.EU President Ursula Von der…
Sanlam, Allianz merge to form largest Pan-African entity in a Ksh.243.7 billion deal
May 4, 2022
Sanlam, Allianz merge to form largest Pan-African entity in a Ksh.243.7 billion deal
Sanlam Group (South African based) and Germany’s Allianz have joined forces in a Ksh.243.7 billion deal to merge their current…