Home » world business » Page 216

world business

President Ruto saves Airtel Kenya, Amazon from forced stake sale

Airtel Kenya has been saved from forcibly selling a third of its stake to local investors.

Kenya Power CEO shortlist narrows to three managers

Kenya Power has made a shortlist of candidates for the utility firm’s next chief executive.

Pain of Sh67bn shortfall amidst debt repayments

Kenya spent Sh150 billion to repay public debt in the month of March alone.

EVs and off-grid solar technologies present new business opportunities

In the next five years, I foresee a rapid uptake of electric vehicles (EVs) and off-grid solar...

Industrial sector tops bad loans growth list

The manufacturing sector last year had the highest increase in defaulted loans.

Search for new CBK governor begins as Dr Njoroge term ends

The Public Service Commission (PSC) has opened the search for a new Central Bank of Kenya (CBK)...

CBK signals costly loans after hiking rates to five-year high

The Central Bank of Kenya (CBK) has increased the benchmark lending rate to the highest level...

Kenyattas, Equity CEO top in Sh63bn bank dividends

The family of Jomo Kenyatta is among the top beneficiaries of the combined Sh63 billion...

American tycoons scout for ICT, agritech deals in Nairobi

American investors have given priority to deals in ICT, apparel and agriculture after the Biden...

Data agency certifies 1,600 entities in drive

The Office of the Data Protection Commissioner (ODPC) has issued compliance certificates to...

NCBA net profit hits record Sh13.7bn, increases dividends

NCBA Group has increased its dividends payout for the second straight year after net profit for...

Britam freezes dividend for third year as profit rises to Sh1.69bn

Britam Holdings has posted a Sh1.69 billion net profit for 2022 on reduced costs, marking a...