subsidiaries

Kenyan banks recorded currency losses of about Ksh50 billion in the first half of the year when translating financial statements of regional subsidiaries into Kenyan shillings due to the appreciation of the shilling during the period.…

The Tax and Economic Prosecutor's Office has closed a bribery case against Shikun & Binui (TASE: SKBN), a real estate and infrastructure developer. Meanwhile, an indictment was filed today against Shikun & Binui's…

Sanlam Kenya is divesting its real estate, bottled mineral water and asset management businesses, as the insurer struggles to shore up profits after years of losses and drying up profits for shareholders. The company, a subsidiary of…

Cryptocurrency lending company Nexo is in the process of dissolving two of its UK subsidiaries. The two units are Nexo Financial Services Limited and Nexo Clearing, according to a regulatory filing with UK Companies House seen by…

comp NCBA injects Sh3.5 billion into subsidiaries and fully acquires the Tanzanian unit Friday 07 April 2023 NCBA's home on Upper Hill in Nairobi. file image | Abel Evans | NMG The NCBA Group invested an additional Sh3.47…