Sawiris co-owns and chairs Aston Villa Football Club in the English Premier League and holds a 5 per cent stake in Madison Square Garden Sports, the parent company of the NBA's New York Knicks and the NHL's New York Rangers.
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Tracks performance, strategy, and major moves across Kenya’s corporate landscape. Reports on financial results, leadership changes, and strategic developments within local and multinational firms.
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The KPC Proceeds will be channeled into Kenya’s newly established National Infrastructure Fund (NIF), a financing vehicle designed to support large-scale projects such as roads, airports, dams, and energy infrastructure.
Kenyan industrialist Darshan Chandaria is preparing a major strategic shift for one of East Africa’s longest-standing family businesses by establishing a formal family office aimed at strengthening governance and attracting outside investors.
L’Oréal East Africa has expanded its presence in Kenya’s fast-growing personal care market with the launch of a new roll-on deodorant range under its trusted Nice & Lovely brand. The move marks the company’s entry into the country’s KES 5 billion hygiene segment, offering seven alcohol-free variants designed to provide up to 48 hours of protection while remaining affordable for Kenyan consumers.
Standard Chartered Bank Kenya has issued a stark ultimatum to Nakumatt Investments Limited: clear your KSh 1.9 billion debt within 90 days, or watch your properties go under the hammer.
Carrefour noted that equipping employees with standardised and globally competitive skills would help prepare workers for the evolving demands of modern retail operations while supporting Kenya’s broader workforce development agenda.
CMA has moved to bring robo-advisors and digital investment platforms into its licensing framework, responding to an explosion in app-based trading among tech-savvy Kenyans and marking a significant expansion of regulatory oversight over the country's rapidly digitizing investment landscape.
The master plan addresses every facet of JKIA operations. A second runway is targeted for completion by 2029, alongside wider airfield upgrades designed to increase declared capacity to approximately 63 aircraft movements per hour, a dramatic improvement from the current 14 movements per hour.
The COMESA Competition and Consumer Commission has approved Vodacom's Sh272 billion bid to increase its stake in Safaricom to 55 percent, ruling that the transaction is unlikely to substantially lessen competition or harm public interest within the Common Market.
The Central Bank of Kenya has officially approved Safaricom's request to mask customers' full names and phone numbers in Lipa na M-Pesa Till and Paybill transactions, ending a decade-long practice that left millions of Kenyans exposed to data harvesting and unsolicited marketing.
