The amount of deposits made in Murang'a farmers and traders saccos have hit Sh. 6.5 billion.
According to Murang'a Governor, Mwangi wa Iria, the deposits have grown from Sh. 4 billion in 2013 to Sh. 6.5 billion this year.
Currently, the...
The Two Rivers Development Limited (TRDL) is planning to sell several pieces of land for Sh. 5.6 billion in order to repay a short term debt it is seeking to fund its real estate projects.
The company which together with...
Shocking details on how Chase Bank bought its former chairman and his wife gifts worth hundreds of millions have emerged.
According to a plaint against former Chairman Zafrullah Khan and 19 other defendants submitted to the Commercial Court in Milimani yesterday,...
Small and medium entrepreneurs without the access of high fibre internet connectivity have been relying on monthly data bundles to run their businesses.
The monthly bundles have been seen as a better short term option compared to the daily or...
Small scale avocado farmers in Murang'a County have formed a co-operative sacco that will be launched next week.
The co-operative sacco will aid exporting and marketing of the produce in the European market.
“We are sure avocado will overtake coffee as...
The price of half a litre of milk has now crossed the Sh. 60 mark.
In many of Nairobi outlets, Brookside whole milk is selling at Sh. 63, while Ilara Fresh and KCC Fresh whole are retailing for Sh. 60.
500ml for...
Centum's Two Rivers is seeking a Sh. 2 billion short term debt to fund real estate projects.
Through the Two Rivers Development Limited (TRDL), Two Rivers is issuing a one-year note with an interest rate offer of 14.5 per cent. This...
Commercial Bank of Africa (CBA) has announced that it will offer investors of the mobile-phone based bond M-Akiba and exit should they need to sell.
CBA's status as a market maker for the new bond followed negotiations with the government.
This...
The phrase kazi ni kazi resonates perfectly well with 32-year-old Stephen Muragu’s business. Over the past three years, Muragu has built an enterprise that provides general cleaning services across Nairobi. His journey in business, though, hasn’t been easy. “I tarmacked for months without...
The mobile-phone based M-Akiba bond is set to start trading on the Nairobi Securities Exchange today.
The bond worth Sh. 150 million attracted 5,692 investors who bought the government paper.
Buying and selling of the three-year bond at the bourse will...
