Family Bank gets nod to issue Sh10bn bond in expansion plans Family Bank has received approval to issue a Sh10 billion bond as it seeks to fund its expansion plan. The mid-sized lender targets to issue the first tranche of the bond at the end of…

Loss-making Home Afrika sends CEO packing Loss-making real estate developer Home Afrika has sacked its CEO, Njoroge Ng’ang’a ,nearly two years after he took over the post from his predecessor, Gerald Chege ,in November 2013. The company did not disclose reasons for sending Mr Ng’ang’a packing……

Airtel Kenya permit expired, operating under Essar licence Airtel Kenya is operating under the licence previously held by Essar, which it bought out last year, as its permit which expired in February is yet to be renewed. The telecommunications firm had until this February to pay…