With the acquisition of the 24.76 percent stake, Mr Dangote stands to earn an estimated Sh1.44 billion in dividends from KPC, which has proposed a payout of Sh0.32 per share.
The Quickmart deal expands MOBILIST’s investments in the Kenyan capital market to Sh5 billion, accounting for about 75 percent of what it has invested in Africa so far.
Foreign investors shed 23.6 million KCB Group shares valued at Sh2.1 billion at the current market price in the three months to September as local investors increased their holdings in the lender over ...
A former Trans Nzoia County accountant has been ordered to forfeit assets and money worth Sh207.7 million to the government after the High Court found that he had failed to satisfactorily explain ...
In September 2023, the High Court entered judgment against the distributor following an application filed by BAT Kenya in ...
Investors favour shorter tenures during periods when interest rates are expected to rise, avoiding locking up funds over long durations during which returns would increase.
The IRA attributed more than half of the increase in long-term premiums to two classes of business, being investments and ...
Expectations of rising prices for white wheat flour climbed from 29 percent to 48 percent, while those for sugar increased ...
An analysis of previous CEO surveys dating back to at least March 2026 shows that increases in purchase prices have ...
Modern reserve management segments reserves into a liquidity tranche, an investment tranche and sometimes a long-term tranche that begins to resemble an SWF.
Africa's long-term success will not be measured by how many AI tools we subscribe to, but by the intellectual property we own ...
The country generated an estimated 56,000 tonnes of e-waste in 2025, up from 7,900 tonnes in 2000, as obsolete electrical and electronic equipment accumulated in households, businesses, ...
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