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Fund Manager Snaps Up Rival’s Real Estate Unit in Sh1.5bn Deal

The deal gives ICEA a shortcut into REIT management business, which it had earlier planned to start from scratch.

Five companies control 69.7% of the pension fund market share

Sanlam Investments East Africa, Genesis Kenya Investments Management Limited (GENAFRICA), Old Mutual Investment Group Limited, Stanlib Kenya and British-American Asset Managers Limited (Britam) control 69.7% of the pension fund market share, the retirement benefits industry report for the period ended December 2018 shows. The five...

CMA flags five ‘sick’ NSE-listed firms, demands action

Regulator says it has directed the companies to provide regular updates on measures they are taking to remedy their working capital positions