Kenyan lender KCB Group nine-month profit rises to $445 million from $314.7 million
It said loan-loss provisions rose to 17.78 billion shillings from 15.85 billion shillings in the year-ago period.
While regulators’ verdict in UK is pregnant women don’t need Covid vaccines, US endorses it
On its Covid-19 vaccine pregnancy page, the CDC warns that pregnant women are “more likely to get very sick from Covid-19” than other people. It also says they are more likely to need hospitalisation, intensive care, the use of a ventilator and experience complications such as preterm birth or stillbirth.
Indian billionaire Adani, who’s won porky tenders in Kenya, charged in US for defrauding investors
Th Adani Group is currently facing fraud charges in Kenyan court after it was controversially awarded a slew of porky tenders for upgrade of the East African country’s main airport, power generation and distribution and health insurance.
Adani dollar bonds plunge after Indian conglomerate’s billionaire chair is indicted in US
US authorities said on Wednesday that Adani Group Chairman Gautam Adani and seven other defendants agreed to pay about $265 million in bribes to Indian government officials.
Billionaire Gautam Adani of India’s Adani Group charged in US with bribery, bond slump
In early Asian trading on Thursday, Adani dollar bonds slumped, with prices down between 3-5 cents on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.
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