Payout

Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period,…

In a groundbreaking victory for consumer rights, the Court of Appeals ruled in favor of the plaintiff in Johnson v. Firststrand Bank, setting a historic precedent in the auto finance industry. The ruling, upheld by Sentinel Legal…

This article is also available in Spanish. Cryptocurrency activity is dynamic, and with over 2 million tokens in existence (and growing), it is difficult to know exactly…

The Supreme Court has overturned a Court of Appeal ruling that ordered the estate of former President Daniel Moi and businessman Jaswant Rai to pay more than Sh1 billion to an Eldoret family for allegedly seizing their land in 1983. The…

Genesis Global and its subsidiaries have begun making $4 billion in payments to creditors after completing the restructuring process. According to a statement released on August 2, crypto lending company Genesis Global I started Paying…

Written by Tom HalesWILMINGTON, Delaware (Reuters) - The legal team that invalidated Tesla Inc's record pay package is entitled to a small portion of the $5.6 billion legal fees it sought because their lawsuit provided almost no…

Written by Tom Hales WILMINGTON, Delaware (Reuters) - The Wilmington electric car maker (NASDAQ:) said the legal team that invalidated Tesla Inc's (NASDAQ:) record pay package is entitled to a small portion of the $5.6 billion legal…

in case Nvidia (Nasdaq: NVDA) The company was already unpopular among investors, and now the semiconductor giant is tempting income seekers with a quarterly dividend hike. The dividend won't be huge on a percentage basis, but…

Collapsed cryptocurrency exchange FTX has been looking behind the couch for change and has, perhaps miraculously, found the funds to pay its creditors. But will they accept the deal? Is this fair?Once a towering giant in the…

Capital Markets Umeme concession payout falls to Sh44bn on investments Monday April 08 2024 Umeme Customers making electricity payments at the Kampala Umeme branch. FILE PHOTO | NMG Uganda-based electricity distributor Umeme…