BUSINESS NEWS
Trading Resumes for Kenya Airways Shares on Nairobi Securities Exchange
The Nairobi Securities Exchange has announced the lifting of the suspension on trading shares of Kenya Airways (KQNA.NR), as stated on Monday.
According to the...
CBK lowers lending rates to 11.25%
The Central Bank of Kenya (CBK) has further decreased the benchmark lending rate by 75 basis points, bringing it down to 11.25 percent, which...
Major Milestone: Tanzanian Firm Given Green Light to Acquire Bamburi Cement
Tanzanian manufacturing and energy powerhouse Amsons Group has received approval from Kenya’s mining ministry to proceed with the unconditional acquisition of Bamburi Cement.
Through its...
Equity Bank CEO James Mwangi appointed to World Bank’s council on jobs
Equity Bank Holdings CEO James Mwangi has been selected to join a World Bank advisory council focused on Jobs, which aims to recommend practical...
Ahmed Farah appointed as the new CEO of KNCCI
The board of directors of the Kenya National Chamber of Commerce and Industry (KNCCI) has officially appointed Ahmed Farah as the new Chief Executive...
David Kemei has been appointed as the Director-General of CAK.
The Competition Authority of Kenya (CAK) has declared the appointment of David Kemei as its new Director-General, a position he will officially assume on...
Adani aims to secure a Ksh. 116 billion agreement for electricity transmission lines in...
The Adani Group is currently in discussions to secure a $900 million (approximately Ksh. 116 billion) contract aimed at enhancing Tanzania's electricity transmission infrastructure,...
Bata celebrates 130th anniversary in Kenya by donating shoes and sanitary pads to students
On Friday, Bata commemorated a major milestone, celebrating 130 years of global success and 85 years of presence in Kenya. The special event took...
Paul Kimiyu appointed as Bean Interactive’s General Manager
Paul Kimiyu has been named by Bean Interactive as the company's new general manager.
Mr. Kimiyu brings more than ten years of experience from SCANAD...
Savannah Clinker Offers Ksh.25B In Race To Acquire Bamburi Cement
A Ksh25.4 billion stake has been made by the Kenyan company Savannah Clinker to purchase the listed Bamburi Cement PLC. Following the submission of...
