Billionaire investor Baloobhai Patel is now the second largest individual investor at Co-op Bank.
This is after he more than quadrupled his stake in Co-op Bank to Sh. 403 million. Co-op Bank said in regulatory filings that Mr Patel raised his ownership from...
Bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a US exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the...
Cytonn Investments has handed over the multi-million Amara Ridge, a gated community in Karen, to its owners. The houses were sold for between Sh. 90 million and Sh. 112 million.
“Today is a great day for us, not just for Cytonn...
Airtel has denied claims it is planning to exit the Kenyan market.
Airtel Africa said in a statement that it was pursuing other options to turn the businesses profitable.
“We had stated that we are open to consolidation opportunities either through...
Retail investors in Kenya Airways were last Friday grappling with the sudden realization that a recent reorganisation of the airline’s capitalisation had cut their number of shares in the firm by more than half.
Individual investors, who wanted to sell their...
Safaricom has announced that its high-speed 4G network is now available in all 47 counties with the number of customers enjoying the service now standing at one million.
The telecom provider said its multi-billion shilling investment in the high speed...
This week Julius Kipng’etich resigned as the chief executive officer at Uchumi.
His two year stay at the troubled supermarket was a total failure. Most Uchumi supermarket employees have a near-unanimous verdict that Julius was disappointing.
“He has been here for two years...
BY ERIC WOKABI
Clearing a car at the port of Mombasa requires you to have a customs clearing agent. Briefcase agents have many times swindled importers. We are dedicated to make the whole clearing process clear, easy and safe for...
New Kenya Cooperative Creameries (KCC) has slightly reduced shelf price of milk after cutting cost of factory deliveries following increased supply from farms.
The State-owned processor’s 200ml packet will now retail at Sh23 from Sh26 with the half litre (fino)...
BY BENSON MACHARIA
As a boy, Kevin Owino dreamt of becoming a lawyer. The 24-year-old owner of Keitan Safaris says that although being in the tourism sector was not his main goal, it still helps him achieve a major goal in...
