The bank needs to raise at least Sh1.7 billion from its shareholders by the end of year, in order to be compliant to the new core capital requirement that comes to effect on December 31, 2025.

Liberty maintains that the sale of the Tanzanian business was informed by the need to “focus on our core market in Kenya”.

IFC's prior disclosures in 2023 showed Mzizi project would require a total outlay of $91 million (Sh11.75 billion).

Kenya alone loses at least Sh153 billion each year due to counterfeit goods across various sectors, including pharmaceuticals ...