Diageo Plc agreed to sell its majority stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. in a $2.3 ...
Looking for amazing food in Nairobi that doesn’t break the bank? In this video, we visit Red Ginger Restaurant, one of the ...
The loss of the central role of people in today’s complex global systems is the greatest danger of all. In Kenya and Amdo ...
The government is selling a $1.58bn stake in telecoms and fintech group Safaricom, considered the “jewel in the crown” of ...
This includes the construction of 50 dams and an upgrade of the Jomo Kenyatta International Airport (JKIA) in Nairobi after ...
Treasury Cabinet Secretary John Mbadi has confirmed that the State forfeited Sh15.5 billion worth of future dividends from ...
Treasury CS John Mbadi has defended the government’s decision to offload a 15% stake in Safaricom to Vodacom Group, dismissing criticism and insisting that the deal is both sound and beneficial to the ...
Someone has hit the pause button on holiday joy. Stocks fell to start December after five straight days of gains. The S&P 500 was down 0.5%, Dow was down 0.9%, while the Nasdaq fell 0.4%. Losses were ...
Kenya agreed to grant tax breaks and allow higher recovery costs to an energy trading firm that acquired Tullow Oil Plc’s blocks in the East African country to accelerate development of the project ...
The New York Stock Exchange and Nasdaq will close early at 1 p.m. ET on Black Friday. The U.S. bond market is also observing a shortened day, closing at 2 p.m. ET. After Black Friday, U.S. markets ...
Business Daily Africa on MSN

Tanzania tycoon to take 68.7pc stake in EAPC

East Africa Portland Cement’s (EAPC) biggest shareholder Kalahari Cement has announced an agreement to buy a 27 percent stake in the company held by the National Social Security Fund (NSSF) for Sh1.6 ...
DA Davidson analyst Gil Luria just cut Oracle's price target by one-third. Luria worries that Oracle's OpenAI contract may not be as good as it seems. I warned that Oracle stock cost too much at $328 ...