Money Deals
PE Funds Pump Sh100 Billion Into Kenyan Deals
Charles Mwaniki. Private equity (PE) firms have invested nearly $1 billion (Sh105 billion) into Kenyan businesses in the first eight...
Read moreAscent Capital Buys Stake in Mobile Money Agency
KAMPALA : Ascent Capital has acquired a stake in mobile money agent Chims Africa Ltd, making it the fund’s second...
Read moreTanzania’s Current Account Deficit Narrows By 16%
Helped by more tourism income and a decline in oil imports, Tanzania’s current account deficit narrowed 16 percent in the...
Read moreLocal Firm Joins Thousands of LinkedIn Competitors
Kenya based firm Fuzu has launched an online recruitment platform that will tap into the informal sector connecting them with...
Read moreNairobi To Host Sh23bn Road Machines Plant
A local company has partnered with a German heavy machinery maker in a Sh23 billion venture that will see assembling...
Read moreRea Vipingo Delisted From NSE
Sisal grower Rea Vipingo Plantations has announced it is no longer listed on the Nairobi Securities Exchange (NSE) E effectIVE...
Read moreTuskys Loses Shs350m Monthly To Staff Theft
Nairobi : Tuskys Supermarket has become the latest retail chain to report losing millions of shillings to theft by employees,...
Read moreSafaricom Moves To Deepen Mobile Payments Use
Safaricom is taking its mobile payment to the low end retailers as it seeks to widen its tuff and ward...
Read moreRwanda: Cogebanque Boss Ordered To Leave Country
The Managing Director of Cogebanque was on Friday given until Monday to leave the country, it has emerged. While the...
Read moreEquity Digs in on Tariff Row With Safaricom
Equity Bank is digging in on the tariff war with Safaricom over change of M-Pesa charges for transfers made from...
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