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Safaricom Safaricom

Safaricom’s Sh20 billion bond raise signals confidence in markets

While telco sought KES15Bn, overwhelming demand pushed the subscription to 175.7%, prompting Safaricom to activate a KES5Bn “green shoe option.”
Safaricom Share Sale

Treasury seeks public views on planned sale of Safaricom stake

National Treasury seeks to offload 15% of the government’s shareholding in East Africa’s most profitable company while retaining a strategic 20%.
Court ruling Court ruling

A turning point in the fight against ‘missing trader’, high-value tax evasion

Recent ruling delivers a clear message that complex schemes such as the “

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News

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Kenya Creative Industry Kenya Creative Industry

NCBA ties up with HEVA Fund to finance firms in the creative economy

Deal covers event financing, invoice discounting, LPO financing, working capital financing as well as start-up incubator financing for individuals
Dr Joshua Oigara, Regional Chief Executive for East Africa, Standard Bank Group. Dr Joshua Oigara, Regional Chief Executive for East Africa, Standard Bank Group.

Safaricom Ethiopia digital infrastructure push gets Sh18Bn funding

Funds secured from Standard Bank will be channeled towards Safaricom
Bidco Thieves Bidco Thieves

Fake LPOs: Four caught red-handed en-route to rob manufacturer Bidco

Haron Ndungu, James Munyutha, Philip Njenga, and Paul Ngugi arrested aiming to
Amsons Group Amsons Group

Amsons Group lights up clean energy sector with Sh78Bn solar deal in Zambia

Group will invest in a 1 Gigawatt (GW) solar power plant through Africa Power

Corporate

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Absa Bank Kenya Absa Bank Kenya

Maximizing Your Black November Spending Power with Absa

This year, Absa Bank Kenya is among the institutions rolling out several offers during the Black November season.
AI_&_ML_EN AI_&_ML_EN

Why more service providers are deploying AI in customer engagement

Deployment of AI and ML tools presents a growing opportunity to improve
Del Monte Kenya Managing Director Wayne Cook. Del Monte Kenya Managing Director Wayne Cook.

Del Monte Kenya bets on new frozen facility to boost output

Managing Director Wayne Cook says new facility is part of Del Monte Kenya’s
Karen Basiye Safaricom PLC Karen Basiye Safaricom PLC

Why putting digital-savvy young people first will speed up achieving SDGs

The youth are not afraid to try new things and they leverage digital skills to

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Sustainability

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KenGEn Kaishan Group KenGEn Kaishan Group

KenGen eyes Sh1.7 billion profit from green fertilizer factory

KenGen signs a 30-year partnership with China's Kaishan Group to tap steam to produce 300,000 tonnes of green fertilizer annually.

Markets

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Safaricom Safaricom

Safaricom’s Sh20 billion bond raise signals confidence in markets

While telco sought KES15Bn, overwhelming demand pushed the subscription to 175.7%, prompting Safaricom to activate a KES5Bn “green shoe option.”