Amsons Group Acquires Bamburi Cement in Successful Buyout Deal
Shareholders of Bamburi Cement agreed to transfer 350.4 million shares to Tanzania’s conglomerate Amson’s Group in a buyout deal that ...
AfDB’s Partnership Seeks to Improve Management Skills of 200 Staff Members
The African Development Bank (AfDB) will partner with the Project Management Institute (PMI) to indulge 200 of the financial institution’s ...
HF Group Rights Issue Oversubscribed by 38.32%
Leading financial solutions provider in Kenya HF Group Plc has concluded its Rights Issue after achieving a subscription rate of ...
Manufacturer Kenafric Gets Nod to Acquire Stationery Competitor
The Competition Authority of Kenya (CAK) has approved the proposed acquisition of Economic Industries Ltd. by stationery manufacturer, Kenafric Manufacturing. ...
Wednesday Morning Power Outage Blamed on Fault in Tanzania Connection
Energy Cabinet Secretary Opiyo Wandayi has hinted that the nationwide power blackout on Wednesday morning was as a result of ...
Bamburi Cement-Amsons Group Deal Kicks Off with KSh 8.9 Bn Stake
Tanzania’s Amsons Group has kicked off the KSh 23.6 billion Bamburi Cement buyout deal, acquiring the first batch of the ...
The Future of Cross Border Payments in Africa
Africa is on the cusp of a financial revolution, with cross-border payments leading the charge. For years, sending money across ...
How EV Manufacturer Spiro Plans to Transform Kenya’s Boda Boda Industry
Over 90% of Spiro's EV sales in Kenya are two-wheelers, signalling that Boda Boda riders are now at the forefront ...
Veterinarians Request Gov’t to Halt Livestock Vaccination amid Public Distrust
The Kenya Veterinary Association (KVA) doubts the government's ability to conduct an effective nationwide livestock vaccination exercise in January next ...
Government Blocks Non-Electric Cars From BRT Line
Cabinet has approved implementation of the Clean Bus Rapid Transit (BRT) System in response to transportation challenges in the Nairobi ...