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FEATURED STORY

Four firms pitch for advisory role in Consolidated Bank share sale

The company plans to raise Ksh 2.5 billion ($25 million) in the second half of this year to meet rules on capital buffers

FEATURED STORY

Political turbulence shakes Kenya’s shilling

Exotix Capital said in a note Thursday that the shilling was, along with the Pakistani rupee and Omani rial, the most vulnerable of the frontier-market...

FEATURED STORY

Turkana MPs oppose plan to half share of oil revenue

The Petroleum Exploration, Development and Production Bill to be presented to lawmakers next week proposes giving communities 5% of revenue, instead of the...

STOCKS

World’s richest lose $114b in US market rout

The rout followed more modest declines on Friday that erased $68.5 billion in wealth from the world’s 500 richest people

FEATURED STORY

Poll chaos to hit KQ revenues, CEO says

Travelers canceled bookings as a rerun of the vote and court disputes over the outcomes stretched over three months, Sebastian Mikosz told Bloomberg...