Real estate is also under attack.. Some clowns are laughing at others here in wazua but in reality, few people are obtaining returns https://www.businessdail...020694-5makev/index.html

Jamii bora is being acquired by CBA

27. BORROWINGS – GROUP AND COMPANY (Continued)
(b) Analysis of interest bearing loans and borrowings: (Continued)
The local bank facilities, amounting to USD 100 million were obtained from the consortium of Kenyan banks after the restructuring in November 2017. They were drawn from Equity Bank Limited, KCB Bank Kenya Limited, Commercial Bank of Africa Limited, I&M Bank Limited, National Bank of Kenya Limited, Cooperative Bank of Kenya, Diamond Trust Bank (Kenya) Limited, NIC Bank Limited and Ecobank Limited for financing of working capital requirements. As at 31 December 2018, the Group and Company had only utilized facilities amounting to USD 42 million (2017: USD 42 million).

Jamii Bora Bank Limited opted to retain their outstanding loan to Kenya Airways Plc after the restructuring in 2017. This loan was acquired by NIC Bank Limited in January 2018. The loan repayment term is a tenure of five years.

This is a constant award for The Pride of Africa. What shocked me was that KQ is most admired airline in Africa, ahead of ET et al

Dedication of employees