South African state-owned power utility Eskom has refuted weekend media reports concerning its financial sustainability.
“Due to limitations around disclosing financial information before the official announcement, which is scheduled for…
UK-based life insurance company Prudential plc. has acquired majority stake in Nigeria’s Zenith Life to form an exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana.
The acquisition and bancassurance partnerships…
Equity Bank Kenya has been assigned first time ratings by Moody’s Investors Service with a stable outlook based on the Bank’s strength.
The global local currency rating captures the Bank’s strong credit profile which is closely aligned…
Kenya’s President Uhuru Kenyatta Wednesday presided over the official ground-breaking of a new Sh15 billion Kenya Breweries Limited (KBL) plant in Kisumu which will become operational within the next 2 years.
The ground-breaking ceremony…
///By Monica Muema
The Sanlam Group has announced that it has received all regulatory approvals for the acquisition of a majority stake in PineBridge Investments East Africa Limited in Kenya (PIEAL, following the fulfilment of all…
The significant economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF) have been quantified in an independent assessment by the international audit, tax and advisory experts, Grant Thornton.
The total…
Kwale County is this month launching free street Wi-Fi in Baraza Park and Ukunda and an online services portal, KwalePay, following an investment project by Liquid Telecom in high speed Internet to the county, which is one of Kenya's…
The event will be organized by acclaimed oil and gas events company, the CWC Group, in partnership with Mozambique’s national hydrocarbon’s company ENH
The announcement last month from Eni and the Mozambican Government on signing the…
Bamburi Cement’s capacity expansion project at its Athi-River cement grinding plant is moving forward and is poised to begin major construction starting next month. This, after all pre-construction activities have been completed.
The…
Online and mobile sports betting operator, Betway Kenya, yesterday presented a cheque of KShs 1 million to the First Lady of Kenya, Margaret Kenyatta at State House in support of the Kenya Drought Operation, an initiative championed by the…
