KENYA – East and Central Africa’s largest media company Nation Media Group (NMG), has announced a proposal to buy back up to 10% of its…
KENYA - InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Ltd (Acorn) Real Estate Investment Trust (REIT) by investing US$10…
KENYA - Standard Bank of South Africa has been given more time to buy an additional 14.8 million shares with a current market value of…
KENYA – Nairobi Securities Exchange listed lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of…
KENYA – Marketing and communication group WPP Scangroup’s founder and long-serving chief executive Bharat Thakrar has been suspended from the marketing services firm over unspecified allegations…
KENYA - Cigarette manufacturer BAT Kenya has posted a 42% jump in net profit for the year ended December 30, 2020. The company’s net profit…
ETHIOPIA - The Ethiopian Communications Authority has shortlisted a consortia of 12 companies that had expressed interest in entering the country’s telecommunications market, one of…
KENYA – Nairobi Securities Exchange (NSE) has shifted from the South Africa’s MTN trading platform to a new one powered by mobile telecommunication giant Safaricom.…
KENYA – National carrier Kenya Airways (KQ), has received US$91.4 million from the Kenyan government as part of efforts to prop up the carrier after…
KENYA – Automotive and engineering products dealer Car &General (C&G) has invested an additional US$353,736 in microlender Watu Credit Limited, raising its stake in the company…