Old Mutual Holding PLC will seek shareholder approval for a balance sheet restructuring proposal aimed at strengthening the Group’s future ability to distribute dividends and create long-term shareholder value. The proposal, which will be considered at the Group’s 18th Annual General Meeting scheduled for June 30, 2026, involves the reduction of the Group’s share premium.
The international price of oil went down in the week ended June 4, 2026, due to increased optimism about the continuing peace negotiations between the US and Iran. The fall in oil prices came following the favorable reaction by investors regarding these peace talks, which alleviated fears of possible disruptions in the oil supply chain.
The Kenya Revenue Authority (KRA) has lost Ksh 9.1 billion in tax revenue between the period of April 2026 and May 2026 as a result of the adjustment in the Value Added Tax (VAT) on fuel from a percentage of 16 per cent to a percentage of 8 per cent. In a press release issued
Popular Posts
