A company based in Thika is set to receive nearly SH. 1 billion funding from the World Bank Group's International Finance Corporation (IFC). Blue Nile Rolling Mills will receive Sh. 862 million.
The loan is part of the company's bid...
Richest PS in Kenya: Permanent Secretaries in the current government are worth hundreds of millions. At one point in 2013, the PSs were worth Sh. 1.7 billion, with the then Transport PS Wilson Irungu leading the pack as the...
Naivas Supermarket has entrenched its position as the leading local retailer in Kenya. This follows the successful sale of a 30 per cent stake that has raked in Sh. 6 billion and taken the retailer's value to SH. 20...
On Monday, it was revealed that the larger Awori family had raised some Sh. 800 million to bail out on of its members, Grace Wakhungu. How this money was raised has sparked a debate that has cast the family...
Top Kenyan Businesses: Nearly five months have passed since Kenya confirmed her first case of the coronavirus disease dubbed Covid-19. The first case of the viral scourge was confirmed by the National Influenza Centre laboratory at the National Public...
The Awori family has raised a whopping Sh. 800 million to bail out 79-year-old Grace Wakhungu who is in jail. The family went on record fr raising some Sh. 500 million in a record two hours after Grace was...
Tuskys News: Tuskys Supermarket is grasping on straws and needs Sh. 2 billion immediate capital injection to survive.
This has been revealed through a board meeting of the retailer's invest vehicle known as Orakam Holdings.
“Tuskys’ current financial position is very weak...
Tuskys Nakuru: Goods worth millions belonging to Tuskys Supermarket Nakuru Midtown branch are now set to be auctioned. The goods will auctioned on August 8. This is according to an advertisement in the dailies yesterday.
The auction is set to...
Poultry Business Kenya: Caroline Oloo's farm is popularly known as Zera. It is based in Kisumu. At the farm, Caroline keeps some 250 birds, a business that is about a year old, but which is growing steadily because she...
Safaricom 2020 Dividend: Safaricom shareholders have approved the payout of a mega Sh. 56 billion dividend. The approval was made during the telecommunication firm's virtual annual general meeting that was held on Thursday.
This dividend is equivalent to Sh. 1.40...
