Search results
Results from the WOW.Com Content Network
Business Daily Africa, commonly known as Business Daily, is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi , Kenya .
Newspapers, magazines, radio stations, television stations. Number of employees. 1,400 (2004) Website. www.nationmedia.com. Nation Media Group (NMG), formerly known as East African Newspapers (Nation Series) Ltd, is an East African media group based in Kenya and listed on the Nairobi Stock Exchange. It is owned by Aga Khan IV.
Business Day is a national daily newspaper in South Africa, published weekdays (Monday to Friday) and also available as an e-paper. Based in Parktown, Johannesburg, it is edited by Alexander Parker and published by Arena Holdings, which is also the parent company of the Financial Mail magazine and Business Day TV (formerly known as Summit TV).
Gulf African Bank; Habib Bank AG Zurich; Housing Finance Company of Kenya [19] I&M Bank [20] Imperial Bank Kenya (In receivership) [21] Kingdom Bank Limited; Kenya Commercial Bank; Commercial International Bank [22] [23] Middle East Bank Kenya; M Oriental Bank; National Bank of Kenya; NCBA Bank Kenya [24] Paramount Universal Bank; Prime Bank ...
The Group's founder and executive chairman, is the majority shareholder in the companies that comprise the group. In April 2021 Business Daily Africa estimated his net worth at over US$500 million. At that time the conglomerate manufactured products worth over US$650 million annually and employed more than 6,500 workers.
In November 2021, the Business Daily Africa newspaper reported that Madzinga would leave Britam in April 2022, to pursue other interests. [2] In December 2021, it was revealed that Madzinga would become an executive director at Santam , a financial services and insurance provider in Eastern and Southern Africa, effective 1 April 2022.
In August 2023, Business Daily Africa reported that 29% of the outstanding loan book was at-risk, meaning borrowers were behind schedule on their repayments. [10] With almost 3 billion shillings worth of loans having defaulted, the default rate on Hustler Fund loans was almost double that of commercial banks. [11]
As of May 2021, according to Business Daily Africa, the merged bank EquityBCDC was the second-largest in DRC with an asset base of $3 billion (Ksh322 billion). Equity Group Holdings Limited held a 77.5 percent share and the remainder held by IFC (International Finance Corporation), the government of DRC and other minority shareholders. [23]