Tanzanian Billionaire Rostam Azizi buys Kenya’s Nation Media Group
Rostam Azizi currently controls 54.08% of Nation Media Group, equal to 92,618,177 ordinary shares.
Category: Business / Finance
Tanzanian Businessman Rostam Aziz Set to Become Top Shareholder in Nation Media Group
In a notice to shareholders, AKFED said it intends to transfer its stake in Nation Media Group through a reorganization involving NPRT Holdings Africa Limited, a company that is expected to be acquired by Taifa Ltd, a firm owned by Aziz.
KRA rolls out body cameras in war against bribery, tax evasion
The Kenya Revenue Authority (KRA) has rolled out body-worn cameras for customs and border control officers to strengthen transparency and accountability at Kenya’s entry points.
Industry Leaders Declare Africa a New Frontier Market during Landmark Forex Expo
NAIROBI, Kenya – March 10, 2026 – The inaugural Africa Forex Trading Expo 2026 opened today at Sarit Expo Centre…
US Loses 92,000 Jobs in February in Surprise Decline: Gov’t
Economists had widely expected a sharp slowdown in job growth, although not an outright decline.
Liberty Life Kenya and Heritage Insurance Kenya Attained AA+ Credit Ratings from Global Credit Rating
Liberty Life Kenya and Heritage Insurance Kenya, both subsidiaries of Liberty Kenya Holdings, have attained an AA+(KE) financial strength rating with a Stable Outlook by GCR, an affiliate of Moodys global rating agency.
Somaliland Pins Hopes on Critical Mineral Gold Rush
Officials in the breakaway territory of northern Somalia say there is an abundance of critical minerals in its ground, and potentially billions of barrels of oil, and they hope that Israel’s move to recognise Somaliland’s independence in December could unlock an influx of investment.
Hacker Accesses Info on 1.2 mn French Bank Accounts: Ministry
Since the end of January, the hacker used the stolen credentials of an official to access and consult “parts of the file of all of the accounts open in French banks and which contains personal data such as bank account numbers, name of the account holder, address and in certain cases the account owner’s tax number,” the ministry said in a statement.
Gucci Owner Kering Sees Net Profit Plunge, Sales Drop
Kering has struggled to turn things around at Gucci, the Italian fashion house famous for its handbags, and in March it wooed the Georgian designer Demna to take over as artistic director.
Musk Merges xAI into SpaceX in Bid to Build Space Data Centers
Musk wrote on the SpaceX website Monday that the merger further entwining his business interests would create “the most ambitious, vertically-integrated innovation engine on (and off) Earth”.
