Building

The Competition Authority of Kenya (CAK) has approved the acquisition of Mayhouse Limited, the company that owns 680 hotel, by Maanzoni Lodge Limited. The acquisition comes at a time the …

Nairobi is set to play host to the AgroFoodpack Exhibition which seeks to boost local enterprises’ production capacity. The three-day expo set for September 2 -4 at the Sarit Centre …

The board of Shelter Afrique has appointed Thierno-Habib Hann as the new chief executive to succeed MR Andrew Chimphondah who quit suddenly in February. Mr Hann currently serves as the …

The Sovereign Fund of Egypt (TSFE) entered into an agreement with a group of companies and an Egyptian-American consortium to transform Mogamma El Tahrir, a government building into a luxury …

The board of directors of Oriental Weavers Carpets (ORWE) has agreed to exit from its investments in China, according to a statement filed to the Egyptian Exchange (EGX) today. Accordingly, the company will accept the …

Home prices in Nairobi have increased at the fastest pace in 11 years on the back of renewed demand from buyers who had slowed down acquisitions at the peak of …

Acorn Investment Management on Thursday announced half-year 2022 results of the Acorn Student Accommodation Development REIT (ASA D-REIT) and the Acorn Student Accommodation Income REIT (ASA I-REIT). The listed REITs together …

Shareholders of one of Africa’s largest manufacturing companies, BUA Cement Plc, have approved dividends of N88.047billion for its financial year ended December 31, 2021, at N2:60k per ordinary share of 50k …

Dangote Cement Plc has listed three tranches of bonds worth N116 billion on the Nigerian Exchange (NGX), paving the way for the bondholders to trade on them. The bonds were …

The cost of home and office decor is set to increase as firms start passing on the new tax on imported wooden products. PG Bison Kenya Limited, dealers in interior …