Business

Equity Bank moves closer to becoming a foreign lender

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

Equity Bank has inched closer to becoming a foreign lender as international investors’ purchase of the firm’s shares nears the 50 per cent mark.

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KK Security to enter southern Africa in buyout

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

KK Security is set to close an acquisition in southern Africa this year and the firm will be inviting new equity investors to fund expansion to new markets.

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Maternity hospital vacates premises after controversy

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

Top-end maternity services firm Royal Gardens Hospital has finally vacated the premises it has been using for slightly over a year.

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Farmers face delay of subsidised fertiliser

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

Distribution of subsidised fertiliser is likely to delay if the State does not intervene in a tender dispute between cereals board and a supplier.

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Revenue collection rises to Sh1m daily in Trans Nzoia

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

Daily revenue collections in Trans Nzoia County have risen from Sh200,000 to Sh1 million after dismissal of corrupt workers.

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Tender rules block women from contracts, say lawyers

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Posted by admin 1 day 18 hours ago (http://www.businessdailyafrica.com)

Lawyers are pushing for review of public procurement laws to take care of people with disabilities and women.

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University of Nairobi set to expand facilities with Sh2.3bn tower

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Posted by admin 3 days ago (http://www.businessdailyafrica.com)

The University of Nairobi is set to construct a 22-storey complex valued at Sh2.3 billion to meet increased demand for academic and administrative facilities at the main campus.

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ICT summit to chart way for digital services in county govts

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Posted by admin 3 days ago (http://www.businessdailyafrica.com)

Stakeholders in the ICT industry converge in Mombasa next week to take stock of Kenya’s developments in the technology scene and develop a strategy to deepen digitisation of government operations.