[ad_1] By JAMES ANYANZWA Equity Group Holdings Plc has completed the acquisition of a majority stake in the Congolese lender Banque Commerciale Du Congo (BCDC) at...
[ad_1] By JAMES ANYANZWA Regional lender NCBA Bank has recapitalised to the tune of Ksh748.87 million ($7.48 million) after shareholders approved a resolution for bonus shares...
[ad_1] By NJIRAINI MUCHIRA Dangote Cement will this month do test runs for the $90 million gas-fired power plant in Mtwara, southern Tanzania, after months of...
[ad_1] By TESFA-ALEM TEKLE The Ethiopian government has suspended the entry of foreign telecom infrastructure companies into the country, possibly slowing down the enthusiasm that arose...
[ad_1] By NJIRAINI MUCHIRA The merger between Airtel and Telkom Kenya collapsed after Parliament warned the National Treasury against approving the deal, The EastAfrican has learned....
[ad_1] By JAMES ANYANZWA Financially troubled Botswana-based retailer, Choppies Enterprises Ltd (CEL), has disclosed a combined $16.5 million impairment loss in Kenya and Tanzania, shedding new...
[ad_1] By JAMES ANYANZWA The Co-operative Bank of Kenya will acquire 90 percent stake in the struggling Jamii Bora Bank (JBB) effective August 21 after the...
[ad_1] By GERALD ANDAE Kenya Airways is yet to be granted permission to fly to Tanzania a week after the government announced it had struck a...
[ad_1] By LUKE ANAMI The Dar es Salaam port could attract lucrative business away from the Mombasa as the Central Corridor proves to be cheaper compared...
[ad_1] By ANTHONY KITIMO Kenya Airways resumed international commercial flights on Saturday in the most uncertain of times for both world aviation and the company itself. Covid-19...