Mergers & Takeovers: Big companies that changed ownership in 2024
2024 did not experience a lot of mergers and takeovers, with the few that happened mainly focusing on stake acquisition. The dull market could be attributed to an unstable economy, which was experienced in the first few months of 2024 leading to the exponential fall of the Kenyan shilling against major international currencies. Here are […]
5 big companies that made losses in 2023
2022 and 2023 presented a bumpy ride for most companies operating on Kenyan soil, with a change of regime in 2022 which sought to institute several changes on the tax policy. The deterioration of the value of the Kenyan shilling against international currencies saw several companies register reduced incomes for the fiscal year 2022/23. Here’s […]