மாஷ்ா நுண்நிதி வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from மாஷ்ா நுண்நிதி வங்கி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In மாஷ்ா நுண்நிதி வங்கி Today - Breaking & Trending Today

Moroccan firm buys 51pc stake in Monarch Insurance


Moroccan firm buys 51pc stake in Monarch Insurance
Summary
Moroccan conglomerate Holmarcom Group, through its holding company, Holmarcom Insurance Activities, has acquired a majority stake in Kenya’s Monarch Insurance.
The firms said Monday the agreement which is subject to certain closing conditions, including regulatory approvals in Kenya is expected to see Holmarcom Insurance Activities become the majority shareholder of the company with a stake of 51 percent.
Tuesday May 25 2021
Monarch Insurance Company board chairman Mr Richard Omwela (left) and chief executive Stephen Okundi. FILE PHOTO | NMG
By BRIAN NGUGI
Summary
Moroccan conglomerate Holmarcom Group, through its holding company, Holmarcom Insurance Activities, has acquired a majority stake in Kenya’s Monarch Insurance. ....

Nairobi Area , Jared Kangwana , George Soros , Mohamed Hassan Bensalah , Jp Morgan , Linkham Group , Monarch Group , Maisha Microfinance Bank , Kenya Monarch Insurance Company , Kamu Group , Holmarcom Group , Holmarcom Insurance Activities , Monarch Insurance Company , Maisha Microfinance , Monarch Insurance , Chester House , United Kingdom Based , Leapfrog Investments , நைரோபி பரப்பளவு , ஜ்ப் மோர்கன் , மன்னர் குழு , மாஷ்ா நுண்நிதி வங்கி , மன்னர் காப்பீடு , செஸ்டர் வீடு , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது , லீப்ஃப்ராக் முதலீடுகள் ,

CBK Probe Maisha Microfinance Bank In Rotich Fraud Case


CBK Probe Maisha Microfinance Bank In Rotich Fraud Case
A deal sealed by Moi-era powerful minister and businessman Jared Kangwana and embattled Ex-Treasury CS Henry Rotich in 2019 has come to haunt the duo as Central Bank closes in on investigation, Kenya Insights has learnt.
In 2016, Kangwana teamed up with his associates to ; University don Beatrice Shabana, managing partner at Grant Thornton Kenya Kamal Shah and a then visiting professor at Strathmore Business School Prof Alejandro Lago to form Maisha Microfinance Bank targeting small traders.
Maisha MFB became the 13th micro lender licensed by the Central Bank of Kenya (CBK).
Maisha’s initial capitalization was Sh90 million. The CBK requires microfinance banks to have a core capital of Sh60 million. ....

Nairobi Area , South Sudan , Rift Valley , Ireneus Gichana , Kamal Shah , Jared Kangwana , Henry Rotich , Elgeyo Marakwet , Beatrice Shabana , Twalib Mbarak , Kamu Ltd , Strathmore Business School Prof Alejandro Lago , Corruption Commission , Central Bank , Maisha Microfinance Bank , Family Bank , Monarch Group , National Treasury , Equity Bank , Faulu Bank , Kenya Insights , Grant Thornton Kenya Kamal Shah , Cabinet Secretary , Kamu Limited , Microfinance Act , Governor Njoroge ,