EABL’s Tender Offer for Uganda Breweries Shares Falls Short, Secures Just 7.9% of Target
East African Breweries Limited (EABL) has concluded its tender offer to buy out minority shareholders in Uganda Breweries Limited (UBL), securing only a small...
Precious Metals and Stones Dealers Face Trade Ban as Kenya Tightens Anti-Money Laundering Measures
Hundreds of traders in Kenya’s booming precious metals and stones sector risk losing their trading licenses starting next week unless they register with the...
Jubilee Holdings Profit Soars 82.5%, Dividend Raised to Record High
Jubilee Holdings has reported a sharp 82.5% rise in net profit to Sh4.72 billion for the year ended December 2024, driven by strong insurance...
Judge Dismisses Tatu City’s Ksh10 Million Claim Against Home Bridge
Tatu City has suffered a significant legal defeat after a court ruling blocked its attempt to claim Ksh10 million from Home Bridge Ltd in...
Kenya’s Banking Sector Records First Asset Decline in Two Decades
Kenya’s banking sector, which has experienced consistent growth over the past two decades, faced a rare setback in 2024 as listed banks recorded their...
