Nissan’s Ghosn arrested in Japan for alleged financial misconduct

By Reuters,

Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic f...

Chairman Carlos Ghosn , French President Emmanuel Macron , Nissan CEO Hiroto Saikawa , Nissan Motor Co

Nissan’s Ghosn to be ousted over financial misconduct allegations

By Reuters,

Nissan Motor Co Ltd said it was ousting Chairman Carlos Ghosn for alleged financial misconduct and Japanese media reported he been arrested, a shockin...

Chairman Carlos Ghosn , Nissan Motor Company , Renault-Nissan-Mitsubishi Motors alliance

Mugo Kibati appointed Telkom Kenya CEO

By Citizen Reporter,

Telecommunications company Telkom Kenya on Friday announced the appointment of Mugo Kibati as its new Chief Executive Officer. Mr. Kibati, the imme...

Aldo Mareuse , Eddy Njoroge , Mugo Kibati , telkom kenya

Money Game: How top clubs clashed with rules on financial fair play

By Reuters,

One of the most powerful men in soccer, Gianni Infantino, has long championed fairness in the world’s most popular sport. In public, the sports admi...

Financial Fair Play , Gianni Infantino , manchester city , Money Game , PSG , top clubs , UEFA

Barclays picks Rothschild veteran Nigel Higgins as next chairman

By Reuters,

Barclays Plc (BARC.L) said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co (ROTH.PA), would succeed John McFarlane as chair...

Barclays Plc , Rothschild

Barclays picks Rothschild veteran Nigel Higgins as next chairman

By Reuters,

Barclays Plc (BARC.L) said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co (ROTH.PA), would succeed John McFarlane as chair...

Barclays Plc , John McFarlane , Nigel Higgins , Rothschild & Co

Coca-Cola’s low-sugar sodas, premium waters drive results

By Reuters,

Coca-Cola Co’s quarterly revenue and profit beat analysts’ estimates on Tuesday, as investments to cater to changing consumer tastes paid off with...

Coca-Cola Co , PepsiCo Inc , Wells Fargo

Anthem predicts better 2019 than Wall Street forecast, shares rise

By Reuters,

Anthem Inc on Wednesday said its own expectations for 2019 earnings are ahead of current Wall Street estimates and the health insurer also raised its ...

Anthem Inc , Chief Executive Officer Gail Boudreaux , Credit Suisse , Wall Street

Communal ownership not helping Leopards anymore – Mule

By Jacob Icia,

AFC Leopards chairman Dan Mule wants a rethink on the ownership of the club , noting that community based ownership has been the major reason for dera...

AFC Leopards , chairman Dan Mule , Kenyan Premier League , ownership

KenGen declares Ksh.2.6B dividend

By Vincent Maruga,

The Kenya Electricity Generating Company (KenGen) has declared a dividend of Ksh.2.6 billion for the current financial year. This follows a two per...

KenGen Managing Director & CEO , Mrs. Rebecca Miano , Principal Secretary State Department of Energy Eng. Joseph Njoroge

KenolKobil Ksh.35B bid under investigation by CMA

By Reuters,

The Capital Markets Authority has said investigations have been launched into irregular share trades in relation to a takeover offer for KenolKobil b...

French fuel firm Rubis offers to buy Kenya’s KenolKobil

By Reuters,

French fuel storage and distribution company Rubis SCA  has offered to buy Kenyan oil marketer KenolKobil Ltd  to get a toehold in East Africa, the ...

KenolKobil , Rubis

BWIRE: Media capture; internal reflection only way out

By Victor Bwire,

Outside the global challenges that are currently facing the media, journalists in Kenya are doing well in terms of quality and timely content to the a...

Media freedom

Air Zimbabwe in Ksh.30B debt appoints new boss

By Reuters,

Zimbabwe has appointed an independent administrator to run its loss-making national airline. This is in a bid to try and revive its fortunes, accor...

Air Zimbabwe , Reggie Saruchera

Jack Ma to step down from Alibaba

By CNN,

Jack Ma, a billionaire pioneer of China's internet industry, will step down as Alibaba's executive chairman next year to make way for the company's ne...

Alibaba , Jack Ma

Girona v Barcelona in U.S. almost certain

By Reuters,

La Liga chief Javier Tebas has said there is a 90 percent chance the first Spanish top flight game in the United States will be Girona’s ‘home’ ...

Girona vs Barcelona , Javier Tebas Medriano , La Liga

BWIRE: Bribery in the private sector is graft, not economic crime

By Victor Bwire,

The ongoing purge on corruption in Kenya now needs to extend to strengthen the legal framework that enhance business integrity, outside the public sec...

Bribery Act , corruption , DPP , EACC , economic crimes

KCB to finalize Imperial Bank deal in September, posts Ksh12bn HY profit

By Reuters,

KCB Group expects to finalize a takeover of smaller rival Imperial Bank by the end of September, Kenya’s biggest bank by assets said on Thursday aft...

Acquisition , Central Bank of Kenya , imperial bank , Joshua Oigara , KCB , Kenya Bankers Association , receivership , robin hood tax

Affected by demolitions? Kenya Police sets up special desk

By Citizen Reporter,

The Kenya Police Service has set up a special desk to serve those who have been affected by the ongoing demolitions together with those whose property...

Inspector General of Police Joseph Boinnet , Riparian land , South End Mall , Ukay Mall

Usmanov accepts rival Stan Kroenke’s bid for Arsenal

By Agencies,

Arsenal shareholder Alisher Usmanov says he will accept rival Stan Kroenke's bid to buy him out for £550m and take full control of the club. Ameri...

Alisher Usmanov , Arsenal , Stan Kroenke