M&A involving a Sub-Saharan African target increased 73% year-on-year to US$4.3 billion during the first quarter of 2021. Domestic deals increased 67% from last year to US$2.5 billion, while inbound deals, involving an acquiror outside of Sub-Saharan Africa, increased 83% to US$1.8 billion.
Other than speed and convenience, the Absa contactless cards use the same secure technology as traditional Chip and PIN. A customer can perform a maximum of 4 contactless transactions without keying in their PIN per day after which they will be automatically asked for a PIN for any other contactless transactions.
At the close of April, the Ministry of Health had spent Ksh1.3 billion even though the approved budget was Ksh976.8 million. In similar regard, a report by Auditor General Nancy Gathungu revealed how Ksh2.3 billion was lost in procuring Covid-19 medical supplies.
Uber is set to face stiff competition from home-grown ride-hailing services such as Wasili Cabs and Rafiki Cabs - which capitalized on the absence of big players such as Uber and Bolt in vibrant but smaller towns and urban centres such as Nakuru, Eldoret and Kisii.
Investors will be required to put their money in high-impact enterprises creating jobs and raising Kenya's export earnings to be eligible. The plan is seen as a way of growing Foreign Direct Investment (FDI) inflows into the country.
Mr Ndegwa had been accused of conspiring to steal Ksh163 million from the bank, and now says their prosecution was made in bad faith and on unfounded claims. Mr Ndegwa says the lender, the DPP and the Inspector General of Police should be made to pay for the suffering he underwent and for loss of earnings. He says the police failed to conduct proper investigations before arraigning them.
High ratings translate to increased, more lucrative advertising deals, which are the bread and butter for many media houses. Advertising is what keeps the lights on. A figure like Shaffie is able to command a huge listenership - raising his value to the company.
"As such, the use of derogatory language on both mainstream and social media that supports the acts of GBV and condemning the victims is unacceptable. It is possible to maintain decency and respect in a democratic space where freedom of speech is encouraged. We should ensure accountability and uphold professionalism and respect for human dignity," Kepsa noted.