The latest filings show that Uchumi attracted more billionaire investors ahead of the supermarket’s rights issue. Businessman Paul Ndung’u, for instance, in October bought 300,000 shares of Uchumi worth Sh2.7 million, equal to a 0.1 per cent stake.
However, there...
Abiud Ochieng: The launch of mobile phone services by Equity Bank through the Thin SIM technology could be delayed further after the High Court on Wednesday stopped it until a suit on its credibility is heard.
Judge George Odunga directed...
Chaos marred a special Parliamentary sitting on the contentious Security Bill on Thursday morning forcing National Assembly speaker Justin Muturi to call for a 30-minute adjournment.
The session that had been convened to vote on the Security Laws (Amendment) Bill...
Ever dreamed of becoming a millionaire, or better, a billionaire? Those who have succeeded have done so through a combination of intelligence, resources and hard work.
But plenty of ordinary people have these qualities and that still doesn’t guarantee them...
Nairobi residents are bracing for two days of dry taps following the shutdown of one of the city’s major water treatment plants for repairs.
The Nairobi City Water and Sewerage Company (NCWSC) announced on Wednesday that it will shut down...
Chris Hart: You built your whole life around someone you trusted, and then, just like that, they’re gone — leaving you with heartache and pain. Even if the relationship was bad, you’re feeling lost and alone.
Maybe you’re in denial,...
The Capital Markets Authority will soon institute guidelines aimed at protecting interests of minority shareholders in listed firms.
The rules will apply in the event of delisting or suspension from trading at the bourse.
The regulator said a proposal is currently...
With broader stock market indices nearing what many consider to be fully valued, next year’s best performing investors will likely be those that excel in the art of identifying value. We tracked and analyzed the moves of the world’s...
An Administration Police officer Tuesday night went berserk and shot dead five of his colleagues at their camp in Shitsala division in Butere, Kakamega County before turning the gun on himself.
The Administration Police officer used his G3 rifle to...
For 27-year-old Sylvanus Osoro, life has been a long, winding journey of struggles. Born and brought up in Gucha district, Kisii County, Osoro has defied the odds to become the CEO of PitchFace Marketing Division.
He also owns a hotel...
