07/15/2020
According to the award citation, the Awards Review Committee was impressed by its strategic vision, disciplined execution and solid competitive positions of its investee companies and subsidiaries. Receiving the award on behalf of the company.
07/15/2020
These talks were on the back of an ANC proposal, which leaked in mid-May, to amend Regulation 28 of the Pension funds Act to allow for greater investment in public infrastructure spending.
07/14/2020
It also listed a Sh5 billion five-year medium-term unsecured note on the Nairobi Securities Exchange (NSE) in 2013, maturing in September 2018.
07/14/2020
The pandemic has battered the economy and delivered mass jobs cuts with the Treasury projecting growth to slow to 2.5 percent this year from 5.4 percent last year.
07/13/2020
Cititrust Holdings Plc is designated winner of the ‘Decade of Excellence Investment Holding Company Africa 2020’ category.
07/13/2020
Equity’s Sh22.89 billion loan or about 40 per cent of its current borrowings will mature by March 2023, the information in its latest annual report shows.
07/13/2020
The agency said the international scale financial strength rating was lowered to reflect higher operating risk in jurisdictions where gross premiums are derived.
07/13/2020
Banks had restructured loans worth Sh679.6 billion or 23.4 per cent of the total loan book by the end of May.
07/12/2020
Pension taking Offshores by the Old South African
07/10/2020
“Opening of regional aviation sector will stimulate economic activities not only in the sector but to also in the tourism sector which has been hard hit by the COVID-19 pandemic.”
07/10/2020
In short, as with previous OSTI reports, the 2019 numbers confirm that motor
07/09/2020
The premium subsector was the most active (measured by turnover volume), with 96.97 million shares traded by investors in 1,231 deals.
07/09/2020
The forum had a diversity of presentations by various economists and was attended by senior government officials and scholars virtually, who discussed policy options to boost economic recovery after months of lockdown caused by the COVID-19 pandemic.
07/08/2020
The coronavirus shock compounds a marked deterioration in public finances in sub-Saharan Africa, which will be challenging to reverse
07/08/2020
Inflows to Kenya however dropped by 18 per cent to $1.3 billion compared with $1.6 billion in 2018, despite several new projects in information technology and healthcare.
07/08/2020
Legislation in different foreign jurisdictions may vary substantially with regard to succession, inheritance taxes and validity requirements for the signing of wills.
07/07/2020
“The year has not been that bad for us in terms of activities and transactions.”
07/07/2020
The move is second such acquisition by the Mauritian biggest underwriter by market share, marking its expansion into the East African market
07/07/2020
EGH is the parent company of the Equity Bank banking group ($400m in revenues in 2018), the second largest in Kenya and also present in Rwanda, Uganda, South Sudan, Tanzania and the DRC.
07/06/2020
The transition from cash to digital payments remains in high growth across our markets, where recent indicators point to an acceleration in this trend.