Introduction Company valuation is the process of assessing the total economic value or current worth of a business and its assets. Valuation is commonly conducted using three approaches: namely, Discounted Cashflow Method (DCF), Market Approach, and Net Asset Value. The different valuation methodologies Discounted Cashflow Method (DCF) – It is the process of estimating the …
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Share buyback, also known as a share repurchase, is a corporate action where a company buys back its own shares from the market. The CMA guidelines on share buyback by listed companies provide three methods of undertaking share buybacks: Through open market repurchase – Where a company can buy back its shares on the open …
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According to a press release from the Energy & Petroleum Regulatory Authority (EPRA), Kenya Power (KP) made a Retail Tariff Application (RTA) to the regulator that will see the cost of electricity increase. If approved, the RTA would be applicable for the tariff period 2022/23 to 2025/26. The application has made new proposals that will increase the …
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Understanding the Proposed Deal between Equity Bank and Spire Bank Equatorial Commercial Bank (ECB) was founded in 1983 as a Finance Company. Mwalimu Sacco acquired a 75% stake in the bank in 2015 and rebranded it to Spire Bank in 2016. In 2020, the Sacco bought the remaining 25% stake to fully own the bank. …
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We sought to establish the real numbers behind Kenyan electioneering in this blog. It may seem a simple task at the onset, but it gets complex as we dig deeper. What makes it complex is not gathering information on IEBC budget and spending but compiling/estimating data on the spending by candidates in their campaigns. The …
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Kenya is the largest economy in East Africa, with a GDP of USD 110.3 mn and a growth rate of 6.7% in 2021. Despite this commendable growth, there has been little trickle-down effects on the common mwananchi as the cost of living continues to rise. For instance, the prices of basic food items such as …
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ARM Cement Limited, formerly Athi River Mining Limited, was one of East and Central Africa’s largest cement producers boasting operations in Kenya, Tanzania, Rwanda and South Africa. ARM also owned the largest clinker plant in the region at the height of its existence, enabling the company to sell and export clinker to other countries in …
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In 2019, Kenya entered into a Public Private Partnership (PPP) under the BOT (Build-Operate-Transfer) model with China Road & Bridge Corporation (CRBC) to finance and construct a 26.7-kilometer Class A dual-carriageway road, dubbed the ‘Nairobi Expressway’. According to CRBC’s 2021 Annual Report, the estimated total investment budget for the project was RMB 4.7 bn (USD …
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What is happening in the markets? The tech space globally has been taking a hit in the last few months. Tech companies and crypto assets’ valuations have been dropping rapidly. Although the decline only caught the attention of the media recently, a closer look shows that this downturn has been happening since the beginning of …
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If you are an angel investor and are keen to participate in Africa’s boom in the Startups space, you must wonder how startups are valued. Based on data from Africa: The Big Deal, it has taken just 7 weeks for African startups to raise their first USD 1bln in 2022, and in some instances, with valuations, …
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