Companies
Multichoice Kenya overhauls its DSTV packages in strategy shift
Multichoice Kenya has unveiled its new package lineup in a major overhaul of its Kenyan offering, as it shifts its strategy from premium subscriptions and price increases to making content available to a wider mass-market audience.
Miale Solar secures Sh705m loan for 9MW expansion
Miale Solar Inventions has secured a Sh705 million (€5 million) loan from Hivos-Triodos Fonds to finance 9MW of rooftop and ground-mounted solar installations in Kenya, targeting healthcare facilities.
Quickmart IPO draws two more cornerstone investors
RWC Asset Management and 337 Frontier Capital have applied for Quickmart IPO shares worth a combined Sh3.24 billion, joining MOBILIST and the IFC as cornerstone investors.
Co-op Bank wins water finance award after Sh4.39bn lending
Co-operative Bank of Kenya has been recognized at the Africa WaterCredits Forum for lending Sh4.39 billion to water and sanitation projects, above its Sh3 billion target.
Revital Healthcare seeks Sh1.3bn IFC loan for Dongo Kundu expansion
Kenyan medical-device manufacturer Revital Healthcare (EPZ) Ltd is seeking up to $10 million (about Sh1.3 billion) from the International Finance Corporation (IFC) to finance a new medical kitting and healthcare logistics facility at Dongo Kundu in Mombasa.
ABAK calls for government action over alcohol market controls
The Alcoholic Beverages Association of Kenya (ABAK) has called for urgent government action to tighten controls in the alcohol market, citing growing concerns over product traceability, authenticity and the rising volume of beverages entering the country through parallel import channels
SBM Bank, Safer Power ink Sh2.2bn green energy manufacturing financing deal
SBM Bank Kenya and Safer Power Group have entered into a partnership that will see the bank extend Sh2.2 billion ($17 million) financing to support green energy manufacturing workshop and construction of a factory.
