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Naivas posts Sh2 billion profit in nine months

Supermarket chain Naivas Limited made a profit of Sh2.1 billion in the nine months ended March.

Equity fundInternational finance corporationNakumatt holdingsNaivas limitedMauritian rupeesPeter mukuha kagoUchumi supermarketsElgon view mallNaivas nairobi westNaivas express uthiruGreenwood mallIbl mauritania group

Mauritian firm got Sh113m discount in Rongai transport firm buyout

Mauritian conglomerate Rogers Group says it acquired Rongai Workshop and Transport Limited at a discount of Sh113.6 million.

Rift valleyVanessa evansRogers groupCompetition authority of kenyaCargo servicesRongai workshopTransport limitedGeneral cargo services limitedVelogic logisticsMauritian rupeesCompetition authority

I&M to receive Sh385 million dividend from Mauritius unit subsidiary

I&M Group is set to receive Sh385.4 million dividend from Port Louis-based Bank One, marking the latest income it is booking from the Mauritius subsidiary.

Nairobi areaBank oneGm oriental bankImport bankIm groupPort louis based bank oneNairobi securities exchange listedMauritian rupeesNairobi basedm oriental bankI ampm groupNairobi securities exchange

IFSWF Admits New Members Among its Global Sovereign Wealth Fund Network

The London-based International Forum of Sovereign Wealth Funds approved one new full member and three new associate members to its global network.

Mauritius investment corporationEthiopian investment holdingsInternational forum of sovereign wealth fundsArmenian national interests fundSovereign fund of egyptIndonesia investment authorityInternational forumSovereign wealth fundsGenerally accepted principlesMalta government investmentsMauritian rupeesSantiago principlesSovereign fundFonds souverain de djiboutiSovereign wealth funds reap benefits

Flood Relief Activities in Pakistan

As we are aware that Pakistan is going through the worst ever flood calamity since June 2022. The floods have made huge losses in terms of human lives, property, infrastructure, loss of cattle and corps.

Port louisSaint georgeHigh commissionMauritius ltdBank nameUnited nationsHigh commission of pakistanMauritian rupees

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