Category: Business News
Safaricom has received applications totaling Ksh 41.6 billion for the first tranche of its Medium-Term Note, an oversubscription of 175.7% against the initial Ksh 15 billion target. The company will exercise the full Ksh5 billion greenshoe, bringing total allocations for the tranche to Ksh20 billion, in line with the maximum amount approved to be taken […]
Republic of Kenya’s fiscal agent, the Central Bank of Kenya (CBK) has released a prospectus for a switch auction in which qualified investors can swap their holdings in an expiring Treasury for a longer-term reopened issue. According to the report by the Central Bank of Kenya on December 9, 2025, the total amount targeted for […]
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 […]
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