Kenya Re-Insurance Corporation #ticker:KNRE (Kenya Re) has put up Reinsurance Plaza building in Kisumu for sale, expecting to receive at least Sh1 billion from the disposal. The eight-storey commercial property—which is one of Kisumu’s most iconic buildings— is situated at the junction of Jomo Kenyatta Highway and Oginga Odinga Street in the town centre, sitting […]
The Kenya Revenue Authority and Kenya Re-Insurance Corporation (Kenya Re) remain locked in a court battle over a Sh1.2 billion tax claim despite a directive by President Uhuru Kenyatta in July that State agencies withdraw all legal suits filed against each other. An annual report by Kenya Re, shows the taxman continues to pursue it […]
Treasury CS Ukur Yatani. FILE PHOTO | NMG State corporations held over Sh93.28 billion in surplus cash in the financial year ended June 2018, new data shows, underscoring the Treasury’s recent resolve to turn to them for cash flow support. Some Sh80.49 billion, an equivalent 86.2 percent of the total, was held by just 17 […]
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
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