Banking, Business

Safaricom becomes first Kenyan company to hit the Sh 1 trillion valuation milestone

Safaricom on Friday became the first company to hit the Sh. 1 trillion market capitalization in Kenya. This is after its stock on the Nairobi Securities Exchange climbed to hit an all time high of Sh. 25. The stock closed at Sh. 24.50 a piece. This gave it a market capitalisation of Sh.981.6 billion —… Continue reading Safaricom becomes first Kenyan company to hit the Sh 1 trillion valuation milestone

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Business

Business tycoon and Alibaba Founder Jack Ma lands in Africa for a three-day entrepreneurial visit

Jack Ma, the founder and executive chairman of Chinese e-commerce behemoth Alibaba, jetted into Nairobi Wednesday evening, starting a packed two-day visit that peaks with a public appearance at the University of Nairobi this afternoon to offer Kenyan youth tips on how to build successful business empires. The two-day visit to Kenya is in a… Continue reading Business tycoon and Alibaba Founder Jack Ma lands in Africa for a three-day entrepreneurial visit