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Airtel Sells Mobile Money Unit for KSh 64.2 Billion

Airtel Africa Plc has sold out 25.77 percent stake in its local mobile money business  for KSh 64.2 billion. The move is part of...

Gov’t Resume Construction of KSh 2.2 Billion Wundanyi Road

The government has kickstarted works on the 54km Mto Mwagodi-Msau-Mbale-Werugha-Mgange-Bura road after stalling for more than six months. Business Daily reported that the contractor of...

Jimnah Mbaru Loses KSh 198.7 From Britam Stake

Kenyan investment banker Jimnah Mbaru’s stake in Britam has dropped in value by KSh 198.7 million since the year began. This comes at a time...

Kenya Meat Commisson Records Profits After KDF Takeover

A report has shown how the controversial military takeover has transformed the Kenya Meat Commission (KMC). The Kenya Defence Forces (KDF) took control of the...

Gov’t Reveal Plans To Phase Out Children’s Orphanages

The government has revealed a plan to phase out children’s homes and orphanages and place orphaned children under family and community-based care. Youth and Gender...

Nigeria’s Top Lender That Acquired Transnational, Sidian Banks For KSh 6 Billion

On Wednesday, June 8, Nigeria’s Access Bank announced its acquisition of Kenyan bank, Sidian Bank from Centum Investments for KSh 4.3 billion. In a statement,...

Kapa Oil Operating Below Capacity Over Shortage Of Raw Materials

Kapa Oil Refineries has suspended some of its operations over limited raw materials. The Rina vegetable oil maker has said the dollar shortage in the...

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