Eveready inks distribution deal with US-based manufacturer Eveready East Africa Ltd has partnered with Clorox sub-Sahara Africa Ltd – a regional subsidiary of the global household products manufacturer Clorox – to supply and distribute household products such as bleaches under the brand name Clorox. According to…

CBK suspends licensing of commercial banks Central Bank of Kenya (CBK) has in a shock move slapped a moratorium on licensing new commercial banks throwing off balance the entry of Dubai Islamic Bank and the planned conversion of Unaitas Sacco. The moratorium is likely to force…

Helios loses top slot in Equity after stake sale to NSSF Uganda London-based investment fund Helios EB Investors is no longer the majority shareholder at Equity Bank after selling part of its stake to Uganda National Social Security Fund.Helios EB Investors sold 2.44 per cent of…