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Ex KenolKobil CEO pockets Sh. 707 million after resigning

Oil marketer KenolKobil paid its former chief executive, Jacob Segman, Sh. 707.1 million to settle a long-running dispute over his stock-based compensation, making it...

Construction of Carrefour market in Nairobi set to kick off

The construction of Carrefour market in Nairobi is set to kick off this month following an agreement with the Village Market. The company confirmed that...

Scangroup posts Sh. 478 million full year net profit

Marketing services firm WPP Scangroup’s net profit for the year to December rose 3.81 per cent on lower operational costs and taxes despite lower...

John Ngumi: the man behind Sh. 860 billion deals

BY FINANCIAL STANDARD John Ngumi, a seasoned investment banker who has had a hand in a web of mega financial deals spanning the continent and...

23 hilarious but challenging rules on adult life in Kenya

A hilarious survival kit on life and investments in Kenya has gone viral! While the original author remains unknown, below are the 23 survival...

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Standard Chartered Uganda sells Wealth and Retail Banking business to Absa Bank Uganda

Standard Chartered Uganda Limited has completed the sale and...

Kenya MSME lending hits KES 424.67 Billion as Equity Bank leads financing market

Kenya’s commercial banks disbursed KES 424.67 billion in new...

Quickmart shares rise 18.7pc in strong NSE debut

Quickmart shares recorded a strong debut at the Nairobi...

KDF announces recruitment drive for cadets, graduates and tradesmen: How to apply

The Kenya Defence Forces (KDF) has opened applications for...