TransCentury to embark on fundraising NSE-listed Investment firm TransCentury plans to raise funds to finance its projects in the next six months, the company’s board has announced. The firm wants cash to refinance the Sh5.8billion (USD 56.8m) convertible bonds that are due on March 25 next…

Weak shilling lifts central bank’s profit to Sh48bn CBK made a Sh7.3 billion profit from ordinary operations compared to the Sh751 million loss it reported last year. A weak shilling also boosted the CBK’s operating profits mainly arising from forex gains made from sale of dollars…