Centum Investment Company shareholders are set to receive a Sh391 million dividend payout after the firm narrowed its losses by 2 per cent in the year ended March 2022. The …
CEO
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BusinessGlobal NewsTechnologyTransportation & Logisitics
Volkswagen investors questions CEO’s strategy to lead Porsche listing
Volkswagen investors believe incoming CEO Oliver Blume will struggle to lead both the Volkswagen Group and Porsche and to pull off a planned listing of the sports car maker while …
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Mr. Price Group has granted CEO Mark Blair a R32.931 million bonus in the year to 2 April 2022, in the form of an allocation in its group forfeitable share …
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JSE-listed company Grindrod has appointed Xolani Mbambo as its new chief executive on the 1 January 2023, Mbambo will succeed current CEO Andrew Waller who has been in the role …
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AirtelEastern AfricaEconomyTelecommunicationsUncategorized
Airtel Money To Operate As A Separate Entity From Parent Telco
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
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Tourism within the East African Community region will soon receive a shot in the arm after The Tembea Tujenge Kenya team launched a campaign to promote the region’s tourist destinations. The Tembea …
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BusinessEconomyManufacturing & Consumer GoodsUncategorized
Italian Firm Eni Commences Production Of First Kenyan Vegetable Oil
Italian multinational oil and gas company, Eni has commenced production of the first Kenyan vegetable oil for bio-refineries at its oilseed collection and pressing plant in Makueni. The agrihub will …
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Banking, Finance & InvestmentEastern Africa
Equity, AFCTA Ink Deal To Accelerate Sh678bn Recovery Stimulus Plan
Equity Group Holding Plc has signed a Memorandum of Understanding (MoU) with Africa Continental Free Trade Agreement (AFTCTA) that will see the former accelerate the Shs 678 billion (USD 6 billion) …
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The Democratic Republic of Congo on Monday completed the last and most important step of joining the East African Community (EAC). At a function held at the EAC headquarters in …
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Family Bank has signed a Sh350 million two-year partnership with Aqua for All to facilitate increased lending to medium and small-scale water enterprises supplying low-income communities with safe drinking water. …