Plans by wealthy Kenyans for bonuses in 2024 favours savings over spending
High-income Kenyans plan to spend the bulk of bonus earnings on buying property or reinvesting in their businesses.
Source: theeastafrican.co.ke
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TPS in record profit, no dividend payout
TPS Eastern Africa, the operator of Serena Hotels, has posted a Sh870.87 million net profit.
Source: theeastafrican.co.ke
Safaricom boost as Ethiopia slashes termination charges
Safaricom's subsidiary in Ethiopia has been handed a boost after the country’s telecommunications regulator cut MTR by a quarter.
Source: theeastafrican.co.ke
Uganda Lato milk processor to take over Kenyan firm
Uganda’s milk processing firm behind the Lato brand has received approval to acquire a Kenyan milk company.
Source: theeastafrican.co.ke
Telkom billions trail fades on multi-country barriers
Kenya’s probe into Sh6.09 billion transactions hit a dead end after investigators were denied access to accounts beyond Mauritius.
Source: nation.africa