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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 .
The group publications include The EastAfrican, Daily Nation, Business Daily Africa, Daily Monitor, The Citizen, NMG Investor Briefing, Taifa Leo and Zuqka. The Daily Nation and the Sunday edition of the same newspaper, the Sunday Nation, celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010.
Centum is a publicly owned investment company with headquarters in Nairobi, Kenya. Its shares are listed on the Nairobi Securities Exchange (NSE), where they trade under the symbol: CTUM [5]. [6] The company shares are also cross-listed on the Uganda Securities Exchange (USE), where they trade under the symbol "CENT". [7]
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.
In April 2019, the Business Daily Africa newspaper reported that the Swiss insurer, Swiss Re had acquired 15.79 percent in Britam Holdings Limited. Africinvest, now the largest shareholder, owns 16.2 percent. The International Finance Corporation controls 8.8 percent. At that time, the original founders, maintained a combined 39.2 percent ...
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. With almost 3 billion shillings worth of loans having defaulted, the default rate on Hustler Fund loans was almost double that of commercial banks.
Being a corporate operative and shareholding of Big business in Kenya. [1] [2] Christopher John Kirubi (20 August 1941 – 14 June 2021), born in Murang'a County, was a Kenyan businessman, entrepreneur, and industrialist. He was a director at Centum Investment Company, a business conglomerate, of which he was the largest individual shareholder.
Peter Ndegwa (business executive) Peter Ndegwa is a Kenyan businessman, accountant and corporate executive, who is the chief executive officer at Safaricom, [1] the largest telecommunications company in the countries of the East African Community, with approximately 35.6 million subscribers in December 2020. [2]