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IFC plans to buy Sh3.8bn stake in Nairobi-linked African-focused PE fund

Nairobi, Jan. 14 -- International Finance Corporation (IFC) plans to make an equity investment of up to $30 million (Sh3.87 billion) in a pan-African private equity fund focused on small and medium si... Read More


Interbank market reforms boost Kenya dollar liquidity, says Absa

Nairobi, Jan. 14 -- Easier access to the interbank market by the Central Bank of Kenya (CBK) has greatly helped stabilise the liquidity of foreign exchange in the local market and supported a stable e... Read More


Dividend yields fall to single digits on share price rally

Nairobi, Jan. 14 -- Higher share prices at the Nairobi Securities Exchange (NSE) have cut the dividend yields for a majority of companies to single digits, forcing investors to consider alternative pe... Read More


Between flame and fear: How birthday hot air Nairobi balloon ride turned nightmare

Nairobi, Jan. 14 -- For some people, a hot air balloon ride is one of the most peaceful adventures they will ever experience. It is meant to be slow and gentle, almost dreamlike. The balloon is lifted... Read More


EABL chief finance officer Ohaga to exit after six years

Nairobi, Jan. 14 -- East African Breweries Limited (EABL) chief financial officer Risper Ohaga will leave her position at the end of June, ending a six-year tenure during which she played a central ro... Read More


Italian wine bottle caps maker to buy Kenyan company

Nairobi, Jan. 14 -- Italian firm Guala Closures SpA, which supplies closures for wines, spirits, and glass-bottled water, plans to acquire a 47-year-old Kenyan firm specialising in the manufacture and... Read More


Tribunal backs Jubilee Health in Makueni medical cover row

Nairobi, Jan. 14 -- Britam General Insurance has failed in its attempt to block the award of a Sh218.99 million health insurance tender by Makueni County to Jubilee Health Insurance. The Public Procu... Read More


Analysts say Safaricom sale based on outdated valuation

Nairobi, Jan. 14 -- Analysts have raised concerns over the valuation method used to determine the Sh34 per share price at which the government is selling a 15 percent stake in Safaricom to South Afric... Read More


Mobile money agents' cash transfers drop by Sh430bn

Nairobi, Jan. 14 -- The value of cash handled by mobile money agents, including those linked to banks and telecommunications firms, fell by a record Sh430.3 billion in the first 11 months of last year... Read More


Vidyasvam Announces New Online Samskrta Workshop Based on the Paninian Method

Bengaluru (Karnataka) [India], Jan. 13 -- Immersive program begins January 18, 2026; open to learners worldwide Vidyasvam, an educational platform dedicated to traditional knowledge systems, has ann... Read More