Listed non-banking financial services company Sanlam Kenya Plc announced that the Company’s Rights Issue, seeking to raise up to Sh2.5 billion, will open in a fortnight following regulatory approvals. The Company has secured all the regulatory and related approvals from the Capital Markets Authority of Kenya (CMA), the Nairobi Securities Exchange (NSE), the Insurance Regulatory Authority (IRA) and the South African Reserve Bank (SARB) ahead of the commencement of the Rights Issue, which is now set to open on Friday, April 25 2025 and close on Monday, May 12 2025. The Rights Issue follows shareholder approval late last year during…
Author: Oki Bin Oki
The trial of Sarah Wairimu Kamotho, charged with the murder of her husband, businessman Tob Cohen, resumed Friday at the deceased’s Kitisuru residence. The Director of Public Prosecutions (ODPP) called two additional witnesses, including Frank Anunda, a retired officer from the Crime Scene Support Service at the Directorate of Criminal Investigations (DCI). Anunda played a pivotal role in processing the crime scene. Anunda testified that on September 10, 2019, he received an urgent call from Inspector Maxwell Otieno of the Homicide Section, instructing him to head to the home of the accused in Kitisuru. He arrived at 3:00 PM to…
US President Donald Trump has granted TikTok a 75-day extension to comply with a law that requires the hugely popular video app to either sell its US assets or face a ban in the country. “We do not want TikTok to ‘go dark’,” Trump wrote on Truth Social on Friday. “We look forward to working with TikTok and China to close the Deal,” The platform is currently owned by Chinese company ByteDance. Trump’s first extension took effect in January and was set to expire on Saturday. The social media platform, which is used by 170 million in the US, initially…
Did you know the UK is one of the best and easiest places to establish your business? The process can be challenging without expertise and experience despite all the lucrative attributes. With over 5.5 million registered companies, the UK can be one of the best places to turn your idea into a thriving business. Additionally, consumer statistics show that over 60% of new entrepreneurs find the regulations and compliance process a little confusing, and they attribute that to some of their mistakes. So, how can you make your business idea a reality without facing the consequences common entrepreneurs face? Despite…
Veteran Bollywood actor and director Manoj Kumar has died at the age of 87 in India’s financial capital, Mumbai. The actor died of “age-related health issues”, Dr Santosh Shetty of Kokilaben Dhirubhai Ambani Hospital, where the actor was admitted, said. His son, Kunal Goswami, told ANI news agency that Kumar had been battling health issues for a long time. Kumar leaves behind a rich legacy of patriotic films, which propelled him to fame in the 1960s and 1970s. Tributes from fans, celebrities, and politicians have been pouring in on social media, mourning his death. Prime Minister Narendra Modi called him…
U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The fresh data offered news of an upsurge in employer activity as stocks suffered a second day of selloffs over sweeping new tariffs announced by President Donald Trump earlier this week. The U.S. added 228,000 jobs in March, according to data from the U.S. Bureau of Labor Statistics. That figure amounted to robust hiring and marked a major increase from 151,000 jobs added in the previous month. The unemployment rate ticked up slightly to 4.2%,…
China has announced a slew of countermeasures against tariffs imposed by United States President Donald Trump, including additional tariffs of 34 percent on all goods and curbs on the export of some rare earths, deepening an escalating trade war. Trump on Wednesday announced that China would be hit with a 34 percent tariff, on top of the 20 percent he imposed earlier this year, bringing the total new levies to 54 percent. On Friday, China’s Ministry of Finance said the additional tariffs would be imposed from April 10. Beijing has previously imposed tariffs of 15 percent on imports of coal…
Former Vice President Mike Pence is this year’s recipient of the John F. Kennedy Profile in Courage Award for “putting his life and career on the line” in overseeing the certification of the 2020 presidential election results, the John F. Kennedy Library Foundation announced Thursday. “Despite our political differences, it is hard to imagine an act of greater consequence than Vice President Pence’s decision to certify the 2020 presidential election during an attack on the U.S. Capitol,” the Foundation’s Caroline Kennedy and Jack Schlossberg said in a statement. “Upholding his oath to the Constitution and following his conscience, the Vice…
Kevin De Bruyne has announced that he will be leaving Manchester City at the end of the season. The Belgium international’s contract at the Etihad Stadium expires in the summer, and he said on Friday that will leave the club as a free agent. In his 10 years at the club, he won 16 trophies including six Premier League titles, five Carabao Cups, two FA Cups, two Community Shields and a Champions League. He has also been named Premier League Player of the Season twice (2019-20, 2021-22). “Seeing this, you probably realise where this is heading,” he said in a…
The list of would-be buyers for TikTok in the US – both rumoured and confirmed – has grown longer as the deadline for deciding its future looms. The social media giant faces being shut down in the US unless it sells to an American company by 5 April. The runners and riders range from US tech giants to the British entrepreneur dubbed “the king of homemade porn”. However, TikTok and its Chinese owner, ByteDance have still not confirmed they are willing to do a deal. They also continue to reject the reason for the sale – that the US considers…
The Trump administration has fired at least three officials at the National Security Council, with more firings expected, according to the BBC’s US partner CBS News. It is not clear why the staffers were removed from their roles, but CBS reports the decision followed a meeting between far-right activist Laura Loomer and President Donald Trump at the White House on Wednesday. Loomer urged Trump to fire specific NSC employees who she did not deem supportive enough of the president’s agenda, according to several US media reports. The White House told the BBC that the National Security Council “won’t comment on…
Drake has been given the green light to access sensitive record company documents in his ongoing defamation case over Kendrick Lamar’s song Not Like Us. The star had asked for copies of Kendrick Lamar’s recording contract, as well as information on salaries and bonuses for senior executives at his record label Universal Music Group (UMG). Drake is accusing the company of defamation by allowing Lamar’s song to be published and promoted, claiming it spread the “false and malicious narrative” that he is a paedophile. Universal filed to dismiss the case last month, calling it an “illogical” attempt to “silence” Lamar’s…
Motorcycle accidents can be traumatic and leave victims suffering physically, mentally, and financially. When a motorcycle accident occurs, determining who is at fault is important as it impacts the ability to recover damages. In some cases, the person directly involved in the accident might not be the only one responsible. However, some third parties may be liable. That is where vicarious liability comes into play. If you are injured in a motorcycle accident and believe someone else shares the blame, such as the employers or another party, the motorcycle accident attorneys from TopDog Law can help you handle this complex…
Chelsea in the 2024/25 season is a team in the process of rebuilding. Fans are waiting for a return to the top, and for that, they need goals—many goals. And while the Blues have a solid backbone in defense and midfield, the question of who will become the main scorer and lead the attack remains open and intriguing. To avoid missing predictions on Chelsea games, follow https://ratingbet.com/predictions/football/ updates. Nkunku: French Maestro with Numbers Judging by the data provided, Christopher Nkunku had an impressive season. Fourteen goals and five assists in 38 matches is a solid result for a player who…
A Kenyan woman was arrested allegedly trying to smuggle cocaine worth Sh9 million ($2.1 million) in India. Indian customs officials at Chhatrapati Shivaji Maharaj International Airport said they arrested the suspect on Tuesday, April 1, with the drugs in her luggage. Emily Kanini Rodha, 43, was detained on arrival at CSMI Airport, Mumbai. She had flown from Nairobi through Doha. Officials said she raised suspicions that she might be carrying contraband because of her nervousness. “During the examination of the trolley bag carried by her, the officers observed that it contained clothes and shoes. However, after removing all the contents…