A rights issue is an offer given by a company to existing shareholders to buy a proportional number of additional shares at a given price within a fixed period.
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
A litre of super petrol will retail at KSh177.30, diesel at KSh162 and kerosene at KSh145.94 effective November 15 to December 14, 2022.
This will bring the amount received from the facility to a total of USD 1.6 billion (Kshs 199.7 billion).
The Kenya Revenue Authority’s (KRA) tax collection for October was up 8.5 per cent to Ksh 142.8 billion from Ksh 131.6 billion at a similar period last fiscal year. According to the National Treasury and Planning Statement of Actual Revenues and Net Exchequer Issues as at 31, 2022, cumulative tax revenues across four months of the 2022–23 fiscal year are now at Ksh 607.9 billion. Non-tax revenues totalled Ksh 27.8 billion after growing by Ksh.7.6 billion in October. The revenue and net expenditures for the first quarter of FY’2022/2023, ending September 30, 2022, amounted to Kshs 486.0 billion, equivalent to…
The index, which tracks the movement in the top 5% of residential prices across 45 global cities, recorded average annual growth of 7.5% in Q3 2022, down from a peak of 10% in Q1 2022.
Total bids received amounted to Ksh 91.8Bn against a target of KES.60Bn equivalent to a 153.1%
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