Mauritian firm completes Sh1. 2 billion acquisition of Saham

Wakanda News Details

Mauritian firm completes Sh1. 2 billion acquisition of Saham

Mauritian insurance company MUA Ltd (MUA) has finally received regulatory greenlight to acquire Nairobi based Saham Assurance company in a deal worth Sh1.23 billion.

Source: Business Daily

You may also like

JTA happy with PEP placement method

MONTEGO BAY, St James — Owen Speid, president of the Jamaica Teachers' Association, says the organisation is satisfied with the methodology used by the Government for students' Primary Exit Profile

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Microfinance outfits take big COVID-19 hit

Many members are in need of liquidity support to remain viable, said Blossom O’Meally-Nelson, chairman of the Jamaica Association for Microfinancing

fave

Source: Jamaica Gleaner

Aleisha Salmon, a grade 12 student at Meadowbrook High, told the Jamaica Observer that since the novel coronavirus (COVID-19) forced the physical closure of schools, she has been worried and fearful as she is not certain what will obtain with the Caribbean Advanced Proficiency Examinations

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Kenya: Relief for Motorists as Fuel Prices Drop to Lowest in More Than a Decade

In its latest monthly review, the Energy and Petroleum Regulatory Authority (EPRA) cut diesel prices by the biggest margin of Sh19.9 per litre, giving transporters and big manufacturers a major

fave

Source: allAfrica.com

'Very disturbing'

WASHINGTON, DC, United States — Dr Anthony Fauci said if Americans don't start following public health recommendations US coronavirus cases could grow to 100,000

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Henry calls for more women in Seasonal Overseas Work Programme

Newly appointed Minister of Labour and Social Security, Mike Henry, says he wants to see more women involved in the Seasonal Agriculture Workers programme (SAWP) between Jamaica and Canada. Henry made this disclosure during a courtesy call at...

fave

Source: Jamaica Gleaner

COVID-19 takes away excitement in release of PEP results

SCHOOLYARDS across the Corporate Area yesterday were a stark contrast to previous years when excitement among primary school students would be at fever pitch over their secondary school placement

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

eProbe | Spirits down as live entertainment events go on ice - Not the flattening of the curve we wanted, says distributor

Alcohol consumption and parties usually go hand in hand, but where there are no parties, social gathering and other entertainment events, it is expected that there would be significant losses for alcohol companies and

fave

Source: Jamaica Gleaner

Western to wait longer for stable power

Homes and industries in western Kenya may have to wait longer for a stable supply of electricity after the completion date for the Olkaria-Lessos-Kisumu transmission line was pushed again.

fave

Source: Business Daily

Uganda: Increase in Government Capitalisation Pushes Up Udb Profitability

Increased government capitalisation has helped Uganda Development Bank (UDB) to register growth in profitability to

fave

Source: allAfrica.com

BODO: Nationalising Kenya Airways could prove to be a bad idea

Market forces should be allowed to discipline firms that make bad financial decisions.

fave

Source: Business Daily

Rwanda: How Government Will Fund 2020/21 Budget Amidst Financial Constraints

[New Times] Unlike previous budgets, the 2020/21 budget presented to parliament earlier this week did not specify any new fiscal policies to boost revenue mobilization.

fave

Source: allAfrica.com

Brookhouse faults parents’ case

Managing director and board member John O’Connor said the parents who dragged the school to court intended to disrupt virtual

fave

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

B-CU follows FAMU; leaving MEAC for SWAC – Daytona Times

BY ANDREAS BUTLER DAYTONA TIMES After a week of speculation, Bethune-Cookman University (B-CU is moving to the Southwestern Athletic Conference (SWAC). On Thursday, the university announced that its Board of Trustees voted unanimously to accept an invitation to join the SWAC. B-CU says the move is

fave

Source: Daytona Times

Sony sees software subscriptions as future for its image sensors

Sony’s image sensor business aims to replicate PlayStation’s success to address its reliance on a handful of manufacturers in the fickle smartphone market by selling software by subscription for data-analysing sensors in

fave

Source: TechCentral

700 PEP students to repeat

MORE than 700 students who were registered to take the Primary Exit Profile (PEP) exam this year stand to repeat grade six in the next school year which begins in September.The bulk of the students 739 missed February's sitting of the Grade 6 Ability Test and subsequently asked to be deferred for

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Medical imports up 71pc ahead of March virus case

Pharmaceutical firms and medical suppliers increased volume of imports by nearly three quarters in the three months to March as traders stocked up in readiness for the Covid-19 pandemic.

fave

Source: Business Daily

Battered brokers offload stake in Nairobi bourse shareholding

The self-listed Nairobi Securities Exchange (NSE) is battling a crisis of confidence over the continuous decline in stock prices, which has seen close to a half of the stockbrokerage firms that held shares in the Kenyan bourse sell their stake over falling returns and uncertainties over the

fave

Source: The East African

Truck drivers decry long border wait

Past studies conducted in Kenya found that truck drivers face a higher risk of contracting and spreading viruses, like HIV/Aids, because they are a highly mobile vulnerable group that traverses the country and often spends nights stopped in temporary locations, where exposure is high and testing

fave

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

David Baker Lewis

David Baker Lewis currently serves as Of Counsel at Lewis & Munday, a Detroitbased legal firm with offices in New York City and

fave

Source: Savoy Network

Shirley optimistic about Dolla Financial's purpose

It may even seem like a minor job for the elder statesman of finance, former executive director of the Betting, Gaming and Lotteries Commission, and top executive of leading Jamaica financial institution, National Commercial Bank for 35 years, yet it is anything but

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Weak demand to keep inflation rate in check

The CBK sets the target of inflation at five per cent, plus or minus 2.5 percentage points.

fave

Source: Business Daily

U.S. Black Population

United States Population: 150,697,361. Black population: 15,042,286 (10 per cent).

fave

Source: Blackfacts.com

Jan

3

1947

Kenya to Lose Sh13.6 Billion as Disasters Raid Farms

[Nation] The country is expected to lose approximately Sh13.6 billion worth of farm produce this year due to the locust invasion, floods and restriction of movement imposed to curb the spread of the coronavirus.

fave

Source: allAfrica.com

Trump administration says Huawei, Hikvision backed by Chinese military

Image: Toby Melville, Reuters

fave

Source: TechCentral

United States population: 293,200,000

United States population: 293,200,000. Black population: 22,600,000 (11.1 per cent). Dr. Benjamin E. Mays, President-Emeritus, Morehouse College, named president of Atlanta Board of Education.

fave

Source: Blackfacts.com

Jan

2

1970

MPs order Sh1. 9 billion Knec tender pay audit

Parliament has ordered a forensic audit on the payment of Sh1.9 billion to contractors for the stalled Mitihani House whose construction started 34 years ago.

fave

Source: Business Daily

Why Huawei is going all-in on its own app store - TechCentral

Promoted Mobile application ecosystems are essential to creating customer experiences and driving innovation.

fave

Source: TechCentral

B-CU follows FAMU; leaving MEAC for SWAC –

After a week of speculation, Bethune-Cookman University (B-CU is moving to the Southwestern Athletic Conference

fave

Source: Daytona Times

Rwanda COVID-19 Recoveries Close in On 300-Mark

[New Times] The number of people who have recovered from the novel coronavirus in Rwanda is about to hit 300, according to figures from the Ministry of Health.

fave

Source: allAfrica.com

More from Business Daily

African Alliance sets stage to quit stockbrokerage

Maize price falls to Sh3,100 on toxins, lower consumer demand

Golfing Star Bhavi Perfects Her Swing Speed

Most Ordered Foods Online

New Whisky Tasting on the Internet

MCCREATH: Ban on mitumba imports to boost local fashion industry

MUSYOKA: Board, CEO separation is such a painful divorce

MANYARA: Cooking gas VAT risks making Kenya’s disease burden

LETTERS: Why we need 100pc green energy this year

EDITORIAL: Increase isolation centres

EDITORIAL: Plugging loopholes in procurement way to go

ODOTE: Stop neglecting persons with disabilities

WANYOIKE: Budget sought to give Kenyans hope in times of crises

Kenyans die from common infections as antibiotics fail

Uhuru plays down fears on US-Kenya trade talks

3 charged in Sh591m Devolution laptop tender scam

Agency opens talks on paying Kajiado road land owners

EACC turns to online screening of jobseekers

Irish feed-maker takes major market hit

Treasury Sh403bn local debt target tests market

Sugar imports increase 21pc despite upturn in local production

T-bonds see heaviest investors uptake in one-and-a-half years

Steps to ensure digital security for learners

MPUTHIA: Managing and paying off debt during Covid-19 crisis

Debonair’s, Steers units record Sh5m loss in Kenya

KAA eyes bailout without flights

KRA gets Sh10bn to nail tax cheats

Hundreds risk purge as body orders registration of procurement

Yatani faces Sh9bn hole after cooking gas, plane tax scrap

City Hall suppliers to wait longer on Sh3bn pending bills budget

NAPIER: Kenya ought to review its tax incentive model

PALDANIUS: Energy storage tech can ease Africa’s power blackout

LETTERS: How to best address the water challenge

EDITORIAL: Build robust Covid plan

EDITORIAL: Involve public in free trade deal talks with US

WATIMA: Why our tax regime is not sustainable

OIMEKE: Fuel marking and monitoring have curbed adulteration

Ways to lift Kenya from global environmental ranking bottom list

KIUNGA: Be innovative to ride out storms of Covid-19 crisis

Passion for cooking fans the flames for baking enterprise

Macadamia farmers decry corona driven exploitation

Hammer fell on my business dream but I rose from ashes

Kenya’s mobile uptake leads region’s at 62pc

Flame Tree gets Sh905m SBM credit line

Fifteen-storey blocks to host 900 houses in Kilimani

KABATA: Key models for business recovery after virus

HOPKINS: CSR needs personal social responsibility

Ministries’ allowances spend up 62pc despite austerity push

Lawyer seeks to block family land sale over Sh177m loan

MPs shield toll collections from public scrutiny

Blackfacts BETA RELEASE 11.5.3
(Production Environment)