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 […]
NCBA ready to pay Ksh350M tax waived during merger
NCBA managing director John Gachora has said that the lender is ready to pay Ksh350 million in taxes waived by the state during the merger between NIC Bank and CBA Bank in 2019. The announcement comes at a time there has been unofficial tax demands from the government to former President Uhuru Kenyatta and his […]