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Express Kenya plans cash call with sale of 50 million shares
Business and Economy

Express Kenya plans cash call with sale of 50 million shares

Express Kenya plans to raise additional capital from existing investors by selling 50 million new shares at a price the company says will be disclosed

Bidvest Revives Bank Sale After Failed Access Deal
Business and Economy

Bidvest Revives Bank Sale After Failed Access Deal

Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank. The previous sale to Access Bank did not

Justices Question Michigan Tax Sale Lawsuit Compensation Claims
USA News

Justices Question Michigan Tax Sale Lawsuit Compensation Claims

The U.S. Supreme Court heard arguments Wednesday in a Michigan case concerning property rights and tax sales. The case, Pung v. Isabella County, involves a

Safaricom Sale Risks Lower Government Returns Auditor Warns
Politics

Safaricom Sale Risks Lower Government Returns Auditor Warns

Kenya faces potential long-term revenue losses if the government proceeds with selling a portion of its stake in Safaricom to Vodacom, according to Auditor General

Kenyan Breweries Challenges Diageo's Asahi Sale of EABL
Politics

Kenyan Breweries Challenges Diageo’s Asahi Sale of EABL

A Kenyan beer distribution firm has initiated legal action in Kenya’s High Court to prevent Diageo’s proposed $2.3 billion sale of its local subsidiary, East