amosgitobu 
The 2019 merger between NIC Bank and Commercial Bank of Africa (CBA) to form NCBA Group was a landmark deal in Kenya’s banking sector. However, the exemption from stamp duty granted by then-Treasury CS Henry Rotich has returned to haunt former President Uhuru Kenyatta, with Kenya Kwanza leaders now accusing him of tax evasion and … Read more
Borehole drilling is often done by borehole drilling companies using borehole drilling equipment commonly known as a motorized drilling rig. A drilling rig is a drilling machine that can drill boreholes or wells for water, oil, or gas. A general description of a drilling rig is that it is a massive structure that can penetrate … Read more
Politician Peter Kenneth, lawyer Ambrose Rachier and city tycoon Amos Gichuki Ngonjo are set to receive $40 million (Sh4.98 billion) for the sale of their remaining stakes in Mayfair Bank to Egypt’s Commercial International Bank (CIB). The three are among the 32 investors who have agreed to sell their combined 49 percent stake in Mayfair … Read more