Unga Group

Ndegwa family firm Unga Group, still intent on de-listing

American firm Seabord eying flour miller Unga Group say they will continue to pursue the takeover bid despite losing out in its initial bid. Related: Was it a suspension or a market halt?; Circus of Unga...

Safaricom profits grow 14 per cent to Sh55billion as Bob returns

Safaricom (NSE: SCOM) chief executive Bob Collymore has announced his return to the helm of the organisation as the company announced a 14 per cent increase in full year net profits to Sh55billion . The...

Safaricom’s M-PESA awarded GSMA mobile money certification

Safaricom’s (NSE: SCOM) M-PESA service has today scored another feat after successfully passing the GSMA Mobile Money Certification, a global initiative that defines and promotes excellence in the provision of mobile money services. M-PESA met...
Nairobi Mobile Phones

Innovations that have thrust Nairobi into a Silicon Savannah

Habit has it that when you wake up each morning, the first thing you will look at is your mobile phone, probably plugged into the mains to recharge or lying by your bedside like...
Shelter Afrique

Mortgage lender gets nod to restructure loans

Bond holders have given Shelter Afrique a go ahead to renegotiate it's short term loans over the next three months. The mortgage lender can now breathe easy and bring the seven banks to the table...