🇰🇪 Nairobi Securities Exchange

Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic.

Pan-African lender Ecobank (BRVM:ETIT, NGX:ETI, GSE:ETI)  and French development financier Proparco have seized the prime assets of Mumias Sugar Company from KCB Group , setting the stage for a vicious court battle that could throw the planned leasing of the ailing miller into disarray.

KCB Group Plc (NSE:KCB) has ended its acquisition bid for African Banking Corporation Tanzania Limited (BancABC), a commercial bank domiciled in Tanzania.

Centum Investment Company (NSE:CTUM) has announced a dividend policy that will see shareholders receive 30 percent of investment income annually, as the firm moves to make itself more attractive to investors.