As part of its mission to diversify in the East African market, Equity Group will pay RWF54.68 billion (Sh6.67 billion)...
The acquisition of Bigot Flowers Kenya by Flamingo Horticulture Investments Limited has been authorized by the Competition Authority of Kenya (CAK). A public unlisted limited liability...
On Wednesday, advocates for clean air will ride bicycles and stroll through Nairobi’s Central Business District to bring attention to the fatal effects of air pollution on...
John Ngumi, an ally of former president Uhuru Kenyatta, struggled to explain to lawmakers how he received Sh415 million as a transaction advisor for the government’s...
As a result of low property valuations caused by the challenging economic climate, banks are turning to repeat auctions to expedite the sale of seized vehicles,...
Despite a second try, infrastructure-based investment company TransCentury missed its Sh2 billion cash call target. The firm’s rights issue had a 40.13 percent success rate, according...
Members of Parliament were yesterday told how the government got nothing in form of taxes from the Sh6.2 billion it paid to acquire Telkom Kenya from...
The Privatization Bill 2023, which gives the Treasury the power to sell off publicly held companies without parliamentary approval, was approved by the Cabinet yesterday. It...
The International Monetary Fund (IMF) pressure to ensure that State corporations are self-sustaining has left many of them in dire straits and starved of cash. Kenya...
Investment firm TransCentury has received a nod from the Capital Markets Authority (CMA) exempting its majority shareholders from initiating any potential takeover amid attempts to raise...