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National Bank lauds Sukuk Bond bid

National Bank of Kenya has lauded a move by the government to tap into Sharia’h compliant financing instruments following the announcement of plans to launch the first ever sukuk bond in the country. Managing Director Munir…

CMA raises red-flag over fraudsters

The Capital Markets Authority (CMA) has warned the public against fraudsters posing as recruitment consultants for the ten management trainee positions that the regulator advertised in the local Dailies this month. CMA sort to…

Prime bank raises $10 million private bond

Prime Bank has successfully raised USD10 million issued through a private placement of 5.5 year USD denominated notes which is a 100percent subscription rate. Prime Bank Managing Director, Mr. Bharat Jani says, “Prime Bank plans to use the…

Meet the young “king” of outdoor advertising

This 28-year old caused a retail earthquake when he bought a supermarket and appeared in a Forbes list in a span of few months.  Trushar Khetia shares his story Trushar Khetia showed entrepreneurial instincts from an early age, and all…

Flame Tree set eyes on Color Cosmetic market

Flame Tree Group has been on an acquisition mood as it seeks to diversify its portfolio in the robust consumer good market. Last week the Group signed a pact with Suzie Beauty, a cosmetic company, with the pact becoming the…

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