CBK veils intervention on shilling after IMF loan withdrawal

The Central Bank of Kenya has delayed the release of weekly data on dollar reserve over the week that the International Monetary Fund revealed it had withdrawn access to dollar loan. IMF withdrew Kenya’s access...

Agha Khan fund nets over Sh200 million in Jubilee dividends

Jubilee Insurance top ten shareholders will carry home about Sh335 million in total dividends after the company posted a 15 percent rise in after-tax profits to Sh4.2 billion. Jubilee Holdings Board declared a final dividend...
ARM Cement

Paunrana turns default to hope

The week opened with news that Athi River Mining had defaulted on the interest of a privately placed paper in June, portending further defaults with expectations that it is to settle a whopping Sh13...