News
Kindiki woos investors with Sh5 trillion Infrastructure Fund pitch
Kindiki said the government is shifting from debt-driven financing to a model that leverages private capital to fund critical infrastructure projects.
investors
Business
Stanbic raises dividend to Sh22.35 despite Sh13.72 billion profit
The latest dividend distribution amounts to Sh8.83 billion, representing 64.4 percent of the bank’s net profit. This is the largest payout in the company’s history.
Business
Safaricom raises Sh20bn after heavy demand for new corporate bond
Safaricom has in the past turned to green financing, including a Sh30 billion sustainability-linked loan from local lenders such as KCB, Absa Kenya, Standard Chartered Kenya and Stanbic Kenya. A green bond is a...
Global Affairs
Gold hits record $4,000 an ounce as global uncertainty drives rush for safety
Spot gold, which reflects the price of selling the metal over the counter, broke the $4,000 barrier for the first time during Wednesday’s Asian trading session. Gold futures, which indicate investor sentiment t...