Nairobi, Feb. 29 -- Mauritius-incorporated firm Phoenix Beverages Limited (PBL) has received approval to acquire a 28.15 percent stake in a local firm that manufactures alcoholic and non-alcoholic bev... Read More
Nairobi, Feb. 29 -- Mauritius-incorporated firm Phoenix Beverages Limited (PBL) has received approval to acquire a 28.15 percent stake in a local firm that manufactures alcoholic and non-alcoholic bev... Read More
Nairobi, Feb. 23 -- Vijay Gidoomal studied law in the UK and returned to Kenya in 1992. The following year, he joined Car & General and was responsible for establishing operations in Uganda and Tanzan... Read More
Nairobi, Feb. 23 -- Car& General has cut its dollar-denominated borrowings following improved supply of the currency, citing the need to reduce exposure to foreign exchange losses. The firm, whose do... Read More
Nairobi, Feb. 22 -- Safaricom has announced a Sh0.55 interim dividend per share amounting to Sh23.03 billion, marking the second consecutive year the telco is cutting the payout to investors. The tel... Read More
Nairobi, Feb. 21 -- Kenyan investigative agencies flagged and investigated more than $591.36 million (Sh86 billion) generated from suspected illicit activities, including corruption, fraud and cybercr... Read More
Nairobi, Feb. 19 -- Car & General has introduced electric three-wheelers in the Kenyan market as it diversifies into the "green" mobility business amid a global push to address climate change and poll... Read More
Nairobi, Feb. 19 -- Kenya is working on new regulations to police trading in cryptocurrencies such as Bitcoin on growing fears that the increased transactions in virtual assets in the country could in... Read More
Nairobi, Feb. 15 -- The government plans to drop the minimum price of $2.43 per kilogramme of tea sold at the Mombasa auction on continued outcry that sellers are stuck with stocks of unsold consignme... Read More
Nairobi, Feb. 15 -- Diamond Trust Bank (DTB Group) is tipping interest rates on loans to start falling in mid-year as inflation eases, and the shilling finds some muscle against the dollar in a move t... Read More