Negative net-worth to stalk KQ investors for 4 years Kenya Airways shareholders are likely to be stuck with a negative net-worth position for the next four years even if the company’s profit position recovers under the restructuring, analysts at Genghis Capital say. KQ is yet to…

Russian firm sues KenGen in Sh14.4bn tender dispute Russian firm OJSC Power Machines has accused electricity generator KenGen of favouring a rival company competing for a Sh14.4 billion tender for the supply of geothermal power generation units to be used in the Ol Karia V…

Ecobank unveils plan, promises to strengthen presence in Kenya Pan-African lender Ecobank plans to wind down its expansion strategy across Africa and focus on existing businesses, especially in Nigeria, Ghana, Angola and Kenya, its  Chief Executive Officer Albert Essien said. “These four countries together are very important to the future…