International Finance Corporation (IFC) eyes 11pc in Kenya Re partly owned reinsurer
IFC eyes 11pc in Kenya Re partly owned reinsurer The International Finance Corporation (IFC) will acquire an 11 per cent stake in Zep-Re, in a Sh1.9 billion deal. Kenya Re, which is opposing this share purchase, has its shareholding in Zep Re shrunk to 16 per cent from 20.7 per…
The CMC Soap Opera: Battles in Court, Part 2
on Monday we got to the part where things had just begun to heat up. Now the fun begins. Peter Muthoka is suing everybody in sight and PwC's professional standards are questioned.
The CMC Soap Opera: Battles in Court, Part 1
In the continuing CMC Saga we now look at what happened in court, Muthoka Vs Kibe and a new player enters the scene, the Capital Markets Authority.
Standard Chartered Raises 5 Billion More than Sought
Standard Chartered had sought to raise 3.2 billion shillings in the rights issue but has raised 8.3 billion. The bank's rights issue was oversubscribed by 158.4 percent similar to the one in 2010 which raised 4 billion shillings against a a targeted 2.5 billion shillings.
Could Shares Have Made you Money This Year?
With 50,000 shillings, just how much would have made from the stock market from late last year? We play out this scenario using a selection of shares.
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