Monday, December 23, 2024

SAVINGS & INVESTMENT

Old Mutual buys another UAP stake at Sh. 5.6 billion

Global investment firm Abraaj Group on Monday announced its exit from UAP following the sale of entire 13.6 per cent stake to Old Mutual. In...

Equity ranked 4th in Africa in investor returns, KCB leads Kenyan banks in world list

Kenyan lender Equity Bank has been listed among the African financial institutions that earned their shareholders the highest returns last year. London-based Financial Times...

Jamii Telecoms owner builds Sh1bn Eldoret maize mill

Jamii Telecoms owner Joshua Chepkwony has built a Sh1 billion Eldoret-based milling company with a capacity to process 3,000 bags of maize per day. ...

NBK okays Cytonn report that ranked it second worst stock to invest in

The National Bank of Kenya (NBK) has welcomed the findings of a banking report from Nairobi-based Cytonn Investments. The firm reviewed key banking ratios and...

Equity Bank bags Sh. 15 billion for lending to SMEs

Equity Bank has received Sh15 billion for onward lending to small and medium enterprises (SMEs) from the African Development Bank, in new credit lines...

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