America’s Nike has clinched top spot in 100 most admired brands in Africa In the just-released 10th-anniversary rankings of Brand Africa 100, American sports and fitness giant Nike nailed first position for the second time in a row. Adidas, Samsung, Coca Cola, Tecno, Apple, MTN, Puma, Gucci and Airtel make the cut of the top […]
Equity Bank branch in Nairobi. FILE PHOTO | NMG Equity Bank has restructured Sh92 billion of loans, equivalent to about 25 percent of its net loans at the end of last year, as the lender seeks to cushion customers who have been hit by the coronavirus crisis. The relief, which is being determined on a […]
Equity Bank CEO James Mwangi. PHOTO | FILE | NATION MEDIA GROUP Equity has restructured Sh92 billion loans, equivalent to about 25 per cent of its net loans at the end of last year, as the lender seeks to cushion customers who have been hit by the coronavirus crisis. The relief, which is being determined […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Dar es Salaam — Tanzania has produced two companies on the list of Africa’s 100 most valuable firms. South Africa-based African Business disclosed in a ranking of the continent’s top 250 firms that TBL Plc and Vodacom Tanzania Plc are the two most valuable firms in the country. At the continental level, TBL Plc has […]
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
"Health care workers are at the frontlines of caring for all of us, safeguarding community health. We must keep them safe," said Reeta Roy, President and CEO of Mastercard Foundation. Mastercard Foundation will contribute USD $5 million to the purchase of Personal Protective Equipment (PPE) for Kenya’s Frontline Medical Staff as part of the Mastercard […]
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
Co-operative Bank and British American Tobacco have been added to the MSCI Frontier Markets Index, which tracks performance of blue-chip stocks in the country. They join Safaricom, Equity Bank and Kenya Breweries Limited, which have been outperforming the index in dividend yield, price to equity and price to book value. The MSCI Kenyan Index had […]
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