Tag: kenya

Madaraka Day: Celebrating Kenya’s Journey to Self-Governance and Independence

Madaraka Day celebrations hold a prominent place on the Kenyan calendar, taking place annually on the 1st of June. This special day is recognized as a national holiday, set aside to commemorate the remarkable achievement of Kenya gaining internal self-governance, thereby breaking free from the shackles of British colonial rule. It stands as a proud […]

Who owns Kenya Power? Chris Kirubi and other shareholders

Government of Kenya owns 50.1% shares in Kenya Power Kenya Power’s 49.9 other shares were offered to private investors Billionaire Chris Kirubi is Kenya Power’s individual largest shareholder with over KSh 225 million shareholding Other shares are owned by companies like Africa Opportunity Partners Ltd, Parametric Portfolio Associates LLC, Norges Bank Investment Management and Robeco […]

Kenya goes for another IMF loan to help fight coronavirus

Kenya has approached International Monetary Fund (IMF) to seek for funds to weather the coronavirus pandemic’s adverse effects on the economy. A report by the Business Daily seen by TrendingLeo.co.ke indicated this was the second time Kenya was reaching out to IMF for a loan in a period of six months. Tobias Rasmussen, the IMF […]

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