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Kuramo Capital CEO, Wale Adeosun Kuramo Capital CEO, Wale Adeosun
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Kuramo secures Sh65Bn as Kenya, Nigeria funds lead capital charge

Investment firm has closed financing from African pension funds and DFIs, marking a strategic shift from western funding.
Old Mutual Old Mutual
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Investors back Old Mutual’s restructuring to protect future payouts

Restructuring involves the reduction of the firm's share premium account
John Musunga John Musunga
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Diageo picks John Musunga as Africa boss amid shift to 'light-asset' model

Since 2022, Diageo has divested brewery operations in Ethiopia, Nigeria, Ghana
President William Ruto President William Ruto
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Counties get Sh428 billion as devolution test looms

Amount is higher than the Constitutionally allowed 15 percent floor but less

Below the fold

Below the fold

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COVID-19 resurgence dampens private sector growth outlook

Absa Insurance Agency
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IRA new legal framework for banks selling insurance to boost industry

DAC Aviation
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DAC Aviation spared insolvency in fight with sacked workers

mayfair_bank
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How Eqyptian lender saved Mayfair Bank from imminent collapse

SIB
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SIB forex fund is compliant, regulator says

cliff-nyakeya-of-kenya-and-harambee-stars-vs-comoros-afcon_jkbodeho07xv1r0px2qadvk3f
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Harambee stars AFCON 2021 qualifying campaign in tatters after a demoralizing loss

Mama-Lucy-Kibaki-Hospital
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Kenya’s baby stealers at Mama Lucy Kibaki hospital

Equity-Bank
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KCB and Equity race to a titanic Sh1 trillion Kenyan bank

Stanbic Bank
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Stanbic promises SME support during post-pandemic recovery

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Safaricom takes profit hit on free M-PESA transactions

Philip-Morris
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Philip Morris: World can eradicate cigarettes in 10 years

Jibran-Qureishi-Regional-Economist-East-Africa-at-Stanbic-Bank
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Economy and jobs recovery jittery as fears of a second COVID-19 wave looms