Safaricom sues Airtel in M-Pesa trademark dispute Safaricom has taken rival telecommunications company Airtel to court on claims that it is infringing on its M-Pesa trademark by including its symbols on its advertising billboards […] Chase Bank 7yr note debuts on secondary market…

Centum’s profit jumps to Sh7.9bn on sale of UAP Centum earned Sh5.2 billion from the sale of its 13 per cent stake in UAP Holdings to Old Mutual, making a gain of Sh2.8 billion over the book value of the stock.The investment firm also exited two…

  Old Mutual gets approval to acquire UAP Holdings stake Old Mutual can now acquire a 37.3 per cent stake of UAP Holdings, following approval of the transaction by regulators.The acquisition is expected to hand Old Mutual a 60.7 per cent stake in UAP Holdings on completion.Old Mutual in January…

UAP Holdings says capital gains tax hit profit in 2014 UAP Holdings said Monday that the introduction of the capital gains tax (CGT) caused the drop in its overall profitability in 2014. The insurance firm’s net profit for 2014 fell by eight per cent to stand at Sh1.67 billion…

1.       Kenyans with ID Waiting Cards Can Register as Voters Once the president assents to the Election Act (Amendment) Bill 2012, Kenyans with ID waiting cards will be able to register as voters. The waiting cards however will only be used in registration but not…

UAP Holdings has called investors for the subscription of 12,5 million new ordinary sharesat a subscription price of KES 60 per share. The firm plans to raise KES 750 million in equity capital.