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Toxic regulation harming Covid battle
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
I&M parent firm invests Sh396m in Mauritian unit
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Ethiopia deal earns KenGen Sh440m
Summary
The earnings were booked by KenGen Ethiopia a branch set up by KenGen in 2019 to facilitate the execution of commercial consultancy and drilling services contract signed with Tulu Moye Geothermal Operations.
KenGen managing director Rebecca Miano made the disclosure in the latest annual report, adding that the firm also plans to start drilling services for the Aluto-Langano project also in Ethiopia.
Friday April 09 2021
By PATRICK ALUSHULA
Summary
The earnings were booked by KenGen Ethiopia a branch set up by KenGen in 2019 to facilitate the execution of commercial consultancy and drilling services contract signed with Tulu Moye Geothermal Operations.
NBV’s new investment deal to cut Delta Stake
Tuesday April 06 2021
By PATRICK ALUSHULA
Summary
The Nairobi Securities Exchange-listed firm which started off as a shoe-seller has already informed the Capital Markets Authority (CMA) about the impending deal.
The firm’s founder and now board member Abutola Vasu told the Business Daily that the deal will be a merger, with the potential investing companies’ assets and business lines expected to become part of NBV.
Nairobi Business Ventures #ticker:NBV (NBV) is eyeing a new buyout deal that is expected to cut the stake of top investor, Delta International FZE, in the firms’ latest bid to diversify business lines.
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