The Government of Kenya is set to sell 15% Safaricom Stake for Ksh240.5 billion to fund infrastructure developments. National Treasurer Cabinet Secretary John Mbadi confirmed that the move aims at getting funds to improve the National Infrastructure. “The sale of a 15 per cent stake, which represents 6,009,814,200 ordinary shares at Ksh34 per share, gives
Netflix announced plans to buy Warner Bros in a Ksh 10.73 trillion deal that will transmit shock waves through Hollywood and the broader media landscape following the discovery’s studio and streaming business. The deal will also include debt and therefore the acquisition is expected to close thereafter. Discovery carves out its cable unit, which the
The Board of Directors of Kenya Airways PLC (“The Company”) has issued a formal announcement pursuant to Paragraph 14.5.7 of the thirteenth schedule of the Capital Markets (Public Offers Listing and Disclosures) Regulation, 2023, and for the information of Investors and General Public. In a notice on Thursday, November 27, the airline stated that the
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