businessdailyafrica.com mixed news headlines
StanChart dividend yield up to 17pc as bank stocks drop
Standard Chartered Bank Kenya's dividend yield has grown to 17 percent.
Co-op taps Sh3.3bn loan to boost women-led SMEs
Co-operative Bank of Kenya has received a Sh3.32 billion long-term loan for on-lending to women-led MSMEs.
Mauritius-based firm to take over West Kenya gold firm
West Kenya gold explorer Shanta Gold is set to be taken over by a Mauritius-based investment fund-Saturn Resources Limited.
Kenya taps Israeli loan for upgrade of air defence
Kenya is acquiring a high-tech missile defence system from Israel using a Sh1 billion loan from Tel Aviv.
How Kenya averted fuel pile-up on exit of Uganda
Kenya averted a pile-up of fuel volumes in the wake of Uganda's decision to directly buy the commodity.
Kenya monopoly of Uganda oil imports to end
Uganda will start importing fuel directly from next month in a deal with Vitol Bahrain.
Independent auditors to screen firms eyeing PPPs
The Treasury is procuring an independent advisory firm to screen private parties keen on Public-Private Partnership projects.
Hustler Fund gets Sh5 billion in new financial year allocations
The Treasury has allocated Sh5 billion to the Hustler Fund, in the financial year 2024/25.
Treasury marks Sh5trn for loan repayment in five years
Interest payments on public debts will cost taxpayers Sh5 trillion over the next five years.