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Understanding rights issue before you invest your money

Rights issues are an invitation to a company’s existing shareholders to buy additional new shares in the company. This is done in a fixed proportion to...

Standard Media to ask for Sh1.5bn from shareholders in rights issue

The Capital Markets Authority has given financially-troubled media house, Standard Media Group, the green light to hold a rights issue. In the upcoming rights...

Troubled Moi University to sack 120 lecturers, 772 employees

Troubled Moi University is set to send home 892 employees including 120 lecturers. The university, which is facing a cash crisis will sack 120...

Bitange Ndemo: Govt clarifies its role in botched appointment of UoN VC

The government has moved to clarify its role in the controversial appointment of Prof. Bitange Ndemo as Vice Chancellor of the University of Nairobi,...

List of top 10 richest companies in Kenya, their market value

A recently released report has named the most thriving companies in Africa. Notably, the Africa Top 250 Companies 2025 report by African Business showed...

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