Safaricom consortia will spend Sh36.3 billion ($300 million) annually in Safaricom Ethiopia. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the amount will be invested every year. This comes at …
Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …
Siaya governor, James Orengo has challenged the local residents to embrace agribusiness so as to boost food security and tackle rampant poverty. Mr Orengo lamented that though the county and …
Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …
Properties in upmarket Riverside Estate, shares in Absa Bank and First Assurance Company Limited account for the largest share of nominee for Prime Cabinet Secretary Musalia Mudavadi’s net worth of …
Over 40million sim cards have been registered in the country as at last Saturday, October 15 when the campaign to register all mobile phone SIM cards ended, bringing to a …
The Kenya Commercial Bank (KCB) has issued a Sh336 billion in green loans over the last one-year to support projects that protect the environment. Transition to green financing helped push …
British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …
Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …
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