Category: Business News
Kalahari Cement, a locally incorporated investment firm, has announced the sealing of a share purchase agreement (SPA) to acquire a further 27% equity stake in the East African Portland Cement Plc (EAPC), valued at Kshs 1.6 billion, from the National Social Security Fund (NSSF). In a public notice published today, Kalahari Cement confirmed that it […]
Safaricom has received approval from the Capital Markets Authority (CMA) to launch a Ksh40 billion Medium-Term Note Programme. In a statemenbt, the Company Secretary, Linda Mesa Wambani, stated that the CMA has granted Safaricom approval to establish a Medium-Term Note Programme, to be issued in various tranches. Wambani said the MTN Programme will enable Safaricom to […]
VALR has declared a new partnership with Mukuru to expand USD stablecoin infrastructure in South Africa, which will strengthen financial access on the continent. These significant developments will be achieved through the regulated crypto solutions. VALR, being the largest crypto exchange in Africa due to its trade volume, announced a new partnership with Mukuru on […]
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