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Mary Wambui given seven days to pay $775,000 or lose Glee Hotel
Politics

Mary Wambui given seven days to pay $775,000 or lose Glee Hotel

Kenya’s High Court has ordered billionaire businesswoman Mary Wambui Mungai to deposit KES 100 million ($775,000) within seven days to prevent Equity Bank from auctioning

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
Business and Economy

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank

The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration