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Airtel threatens exit over Safaricom ‘dominance’

Airtel threatens exit over Safaricom ‘dominance’ Telecommunications firm Airtel could exit the Kenyan market if new regulations are not passed to curb Safaricom’s dominance, its chief executive Adil El Youssefi said on Tuesday. Mr Youssefi said “anti-competitive behaviour” by the market leader had condemned competitors to…
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I&M Holdings in deal to acquire Giro Bank

I&M Holdings in deal to acquire Giro Bank I&M Holdings Ltd (IMHL) has reached an agreement to buy out tier III lender Giro Commercial Bank in a deal that will see I&M grow its asset base by Sh16.2 billion. IMHL, which is listed at the…
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Why You Should Consider a Post-Election Violence Insurance Cover

. The Africa Trade Insurance Agency reports that the uptake of Political Risk packages has gone up 3,000% from KES 1.3 billion in 2008 to KES 41 billion by December of 2012.
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