Thursday, April 25, 2024

NEWS

Kenyans to pay Vimal Shah Sh. 113 million

The taxpayer might be set to pay Bidco owner Vimal Shah Sh. 113 million in legal bills incurred during tribunal proceedings over the collapsed...

Sweets company Kenafric faces closure over pollution

Sweets company Kenafric is facing closure after the High Court dismissed a a case opposing its closure due to pollution. The dismissal has put the...

Simba Corporation completes acquisition of minority shareholding in Hemingways Holdings Limited

Simba Corporation (“Simba”) has completed the acquisition of a minority stake in Hemingways Holdings Limited (“Hemingways”). The acquisition of the 35% shareholding in Hemingways...

Kericho resident wins BMW X1 in the second edition of Kenya Breweries limited (KBL) red dot promotion

Thirty-three year-old Franklin Korir from Kericho County is the grand prize winner of a brand new BMW X1, in the just concluded “Red Dot”...

11 Kenyan banks get Sh. 23 billion KQ shares in bailout plan

Eleven local banks are set to get Sh. 23 billion worth of Kenya Airways shares in exchange for bailout. This is according to a bailout...

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