Kenyans issued fewer money orders last year due to a significant shift towards digital payment systems and reduced disposable income....

Equity Group shareholders have endorsed a historic KES 15.1 billion dividend payout for the second consecutive year. During the company's 20th...

Insolvency practitioners (IPs) play a crucial role in an economy, particularly in maintaining its stability and health. Below are six key...

Africa Mega Agriculture Center (AMAC) Limited has proposed acquiring 84.42 percent of the total issued share capital of Kenya Orchards...

The Council of Ministers in Ethiopia has approved two draft proclamations integral to the National Bank of Ethiopia’s (NBE) economic...

The African Development Bank (AfDB) has withdrawn from a substantial renewable energy project in Nairobi's Kibera slum due to extensive...

Kenya, like many other countries, faces the challenge of supporting financially distressed companies, especially in the aftermath of economic disruptions...

For a financially distressed firm, several options can be considered to navigate through financial difficulties and potentially return to profitability....

External factors that contribute to a company's insolvency are those outside the company's direct control. These include economic conditions, market...

The strength of a country's currency is influenced by several interrelated factors, including economic indicators, market perceptions, and geopolitical events....