Suresh Bhagwanji Shah’s stake in I&M Group surges past $36 million
The recent rally in I&M Group's shares on the Nairobi Securities Exchange has significantly boosted Shah's fortune.
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Safaricom contributes $7.6 billion to Kenyan economy
Kenya’s largest telecom operator reports significant job creation and social impact.
Equity Bank secures $20 million to boost financial access in Kenya’s refugee regions
The project is designed to enhance financial inclusion for small businesses and individuals in these marginalized areas.
Savannah Clinker gains edge in Bamburi Cement takeover after Amsons, Holcim pullout
Savannah Clinker's increased offer of Ksh76.55 ($0.59) per share values Bamburi at Ksh27.8 billion ($215.7 million), surpassing Amsons' earlier bid.
Acorn Holdings completes $21-million green bond repayment
This decision highlights Acorn's strong financial position and solidifies its leadership in Kenya's real estate market.
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Saltzman family gains $18.8 million as Dis-Chem shares climb
South Africa’s Saltzman family controls a 29.3 percent stake, equivalent to 302,066,319 ordinary shares in the Gauteng-based company.
Sasol’s Secunda petrochemical plant faces major challenges as carbon emissions loom large
Sasol’s Secunda plant faces critical challenges as coal dependency and high carbon emissions clash with South Africa's climate goals.
X-energy secures $300-million Amazon backing to develop small modular reactors for South Africa
Clean energy boost for South Africa’s data centers through innovative SMR technology.
Nigerian Breweries reports FX losses surging to $98.1 million amid naira devaluation
Surge in FX losses driven by currency devaluation and economic challenges.