KCB, Equity raise loan reserves by $154m in bid to protect gains
Last year, Equity and KCB jointly increased their amount set aside from company profits, funds and assets to meet future liabilities by $153.81 million.
Source: theeastafrican.co.ke
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Anil Ambani case: Bombay HC asks I-T dept how Black Money Act can have retrospective effect
A division bench of Justices Gautam Patel and S G Dige, while hearing a petition by Ambani challenging a show cause notice issued to him by the I-T department, asked how a person conducting himself or herself in a certain manner will know what the government is going to do in future
Source: mid-day.com
Anil Ambani Receives Short term Respite In Swiss Bank Funds Tax Evasion Case
Ambani received a warning from the I-T department on 8 August, 2022, for allegedly avoiding taxes on undeclared funds totaling more than Rs 814 crore, , anil ambani, swiss bank, tax evasion
Source: businessworld.in
Court stops Sh2 billion land probe involving the family of Koinange
A judge has stopped the police from probing a Nairobi businessman over a Sh2.4 billion property near Muthangari police station that is being claimed by a daughter of Kenyatta-era minister Mbiyu...
Source: businessdailyafrica.com
Indians Rally Investors in Diaspora for More Ugandan Investments
In 2020, India's investments in Uganda hit USD$200 million.
Source: capitalradio.co.ug