Businessman John Harun Mwau has sold his 7.7 per cent minority stake in Nakumatt Supermarkets ahead of the retail chain’s plan to take on board a new shareholder.
The businessman exited Nakumatt as the retailer admitted to facing a financial...
The long December holidays are here with us. And with schools closing for a two-month period, many parents have been left wondering what options are on offer to keep their kids engaged and entertained as we head towards Christmas.
Well,...
Pressure is piling on banks to make drastic strategic shifts as the capped interest rates era threatens to erode their profitability.
The lenders are changing tack amid dwindling fortunes since Parliament passed the Banking (Amendment) Bill, 2015 in August that...
Motorists will be forced to dig deeper into their pockets to enjoy a ride on some of the country’s best roads. This is after the Government announced it will partner with private-sector investors to finance five major roads through...
KCB Group has announced a 15 per cent growth in third quarter net profit to Sh.15.9 billion.
KCB reported net earnings of Sh.13.9 billion in the same period to September 30 last year. The bank’s group chief executive Joshua Oigara said...
The robbers are said to have gained access by drilling a hole into a wall leading to the bank’s safe.
None of the security guards manning the bank knew about the incident until Sunday morning.
Police said they took away an...
Prime Bank chairman Rasik Kantaria is on the spot over following the placement of Uganda's Crane Bank under receivership over irregular lending.
Mr. Kantaria is a long-serving director and the second largest shareholder in Crane Bank with a 47.32 per cent...
Sportpesa is considering listing on the Nairobi Securities Exchange over the next two years. This is according to Sportpesa chief executive officer Ronald Karuri.
“That is our plan and we will initiate it in the next two years. Though no...
If you want to build a successful online business that makes an impact and income, there are four things you need to realize about online business and money.
1. Money isn't everything, but it is important.
As soon as there is...
BY SAMUEL MPAMUGO
Poverty and wealth share one trait: thinking. Each path is governed by thought patterns that create systems which in turn guarantee specific results.
For instance, the thought or belief that you’re inadequate or never good enough could make you...
