Loan

The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to…

Mark Dixon, founder and chief executive of IWG, has sold a significant stake in the serviced office company, worth £68.5m, to repay a bank loan. Despite the sale, Dixon (64 years old) still maintains a 25.2% stake in the company.Dixon…

Kenya is acquiring a high-tech missile defense system from Israel using a billion shillings loan from Tel Aviv amid growing security threats in the Gulf of Aden from Houthi rebels and Somalia's Al-Shabaab. The missile barrier,…

Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year. Today, Bitcoin demand is reaching record…

The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million.The company intends to use the proceeds to acquire more Bitcoin, as per their recent press…

Cavan Images/iStock via Getty Images Lithium Americas (NYSE:LAC) jumped 9% in after-hours trading on a report that the Biden administration is set to lend the company $2 billion for its lithium mine in Nevada. The conditional loan…

Companies Co-op Bank relaxes loan terms in deal with automaker Isuzu Wednesday March 13 2024 Some of Isuzu East Africa vehicles on display at KICC on May 5. 2023. PHOTO | KENNEDY AMUNGO | NMG Co-operative Bank of Kenya has…

Companies Banks fight bid to limit right to sell loan property Tuesday March 12 2024 Banks have opposed a petition seeking to compel them to obtain court orders before selling off any property charged as security for loans. PHOTO |…

© Reuters. DALLAS - Beneficient Company (NASDAQ: BENF), a provider of liquidity solutions for alternative assets, has announced it will finance liquidity transactions for three funds managed by ff Venture Capital. Upon completion,…

© Reuters. FILE PHOTO: A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. REUTERS/Brendan McDermid/File Photo By Niket…