Rwanda’s central bank has retained the key central bank repo rate unchanged, at 4.5 percent, to further support lending to the economy.. PHOTO | FILE | NATION MEDIA GROUP Rwanda expects a strong economic rebound this year after suffering a contraction that led to the first recession in over two decades, blamed on the pandemic. […]
The capital markets regulator has capped the price of shares listed firms propose to buy back from market at 10 percent above the weighted value for the month preceding the resolution. The Capital Markets Authority (CMA) has set maximum and minimum share buyback price in new guidelines which are in line the Companies Act, 2015, […]
Harry Kimtai, Kenya’s Principal Secretary State Department for Livestock, says the Kenya-Uganda November meeting on trade will not take place as planned as the Kenya Dairy Board was not ready.. PHOTO | DENNIS ONSONGO | NMG Kenya and Uganda have in the past year been embroiled in serious feuds over several products including sugar, milk, […]
Kenya Airways has been operating three flights to Ethiopia every week but it has added four more frequencies to cater for high demand as countries repatriate their citizens from Addis Ababa. PHOTO | FILE | NMG Kenya Airways has increased scheduled flights to Ethiopia from three to seven a week as high demand for passengers […]
HFC Group CEO Robert Kibaara speaks at a past event. PHOTO | SALATON NJAU | NMG Mortgage lender HF Group has formally started the hunt for a strategic investor after it invited suitors to place their bids. HF Group chief executive Robert Kibaara said Thursday the Nairobi Securities Exchange (NSE) listed financier had launched the […]
The capital markets regulator has capped the price of shares listed firms propose to buy back from market at 10 percent above the weighted value for the month preceding the resolution. The Capital Markets Authority (CMA) has set maximum and minimum share buyback price in new guidelines which are in line the Companies Act, 2015, […]
Attorney-General Paul Kihara Kariuki. FILE PHOTO | NMG Director of Public Prosecutions Noordin Haji has maintained that the powers to initiate extradition proceedings are vested in his office and not at the Attorney General’s office. Making submissions before the Supreme Court, the DPP through Victor Mule said extradition proceedings are criminal in nature and therefore […]
An Ethiopian Airlines plane. FILE PHOTO | NMG Ethiopian Airlines is establishing its presence in more than six African countries through a management role or strategic partnership with the local carriers, making it a dominant player in the continent. The move is set to give East African carriers such as Kenya Airways a run for […]
The capital markets regulator has capped the price of shares listed firms propose to buy back from market at 10 percent above the weighted value for the month preceding the resolution. The Capital Markets Authority (CMA) has set maximum and minimum share buyback price in new guidelines which are in line the Companies Act, 2015, […]
Rwanda’s central bank has retained the key central bank repo rate unchanged, at 4.5 percent, to further support lending to the economy.. PHOTO | FILE | NATION MEDIA GROUP Rwanda expects a strong economic rebound this year after suffering a contraction that led to the first recession in over two decades, blamed on the pandemic. […]
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