05/31/2023
“If you failed to add value, you go nowhere. All the governments are talking about manufacturing but you cannot have manufacturing without infrastructure in place and infrastructure without power.
05/31/2023
Continuing Alawuba said, “As a bank that is interested in the welfare of both staff and ex-staff, we are going to roll-out products that are specifically tailored to suit the needs of all our alumni.”
05/31/2023
The provincial government ran a survey which drew 133 responses from local businesses. Of these businesses, 26% indicated they had moved their main operations overseas to counter the skills shortage.
05/31/2023
The strategy is aimed at raising their interest income besides reducing the risk of paper losses that face holders of fixed-income securities in a rising interest rates environment.
05/30/2023
“Shareholder capital raise is required to retire the Sh4 billion debt issued by Stanbic Bank well ahead of the February 2025 repayment date.”
05/30/2023
President Muhammadu Buhari, in November 2022, officially unveiled the newly redesigned naira denominations of N1000, N500 and N200 that were introduced by the CBN.
05/29/2023
The bank has invested heavily and supported key governments of various African countries with over $1bn in infrastructural development, especially in roads, hospitals, health, power, and other critical sectors.
05/25/2023
In the Draft Budget Estimates for the financial year 2023/24, the Treasury has budgeted Sh241.75 billion for the maturing bond
05/24/2023
The agreement includes the latest review of Extended Fund Facility and Extended Credit Facility arrangements
05/24/2023
This is an increase of Sh162.5 billion
05/23/2023
However, recruitment activity in the month was also impacted by the slew of public and school holidays that took place over the review period.
05/23/2023
Viability in business generally borders on the survival rate over a protracted period of time.
05/19/2023
Kenya has for years struggled to contain a ballooning public sector wage bill
05/15/2023
Had KCB consequently consolidated a full year, it would have absorbed a profit of Sh3.2 billion from the Congo unit.
05/15/2023
This is coming after the companies recently disclosed to the investing public that their core shareholders had made an offer to acquire the shares of all minority shareholders.
05/15/2023
Anthony said that a critical aspect of managing debt is understanding the difference between good and bad debt.
05/12/2023
“The RPPI excludes out-of-scope transactions and includes transactions where the buyer is an individual, and the seller is an individual, company, estate, foundation or body corporate.”
05/12/2023
The objective behind the African Continental Free Trade Area, she noted, was to accelerate intra-African trade
05/11/2023
ZE said the start-up zone package is an initiative established to support the growth SMEs by creating a platform for the visibility of their products and services.
05/09/2023
"The Sh1 billion loan from Kenya Mortgage Refinance Company was obtained on September 1, 2022, and has a maturity date of September 1, 2031. Interest is paid quarterly in arrears at a fixed rate of 5 per cent."