Business News, Finance News, Investment

Kenya Plans KSh 36 Billion Rescue Package for Loss-Making State-Owned Entities

April 7, 2021

Kenyan Travellers Added to UK COVID-19 Red List

IMF Approves 3-Year US$2.34 Billion Package for Kenya

Fitch Affirms Kenya Rating at ‘B+’; Outlook Negative

Kenya Seeks Debt Service Suspension to June 2022

Markets

US Stock Market Continues To Set New Record Highs

April 10, 2021

Kenya Shilling Strengthens on Impending IMF Disbursements

Eliud Kipchoge First Set of NFTs Fetch over $37,000

Global Markets News Highlights

Kenya’s NSE Acquires 4% Stake in Dar Stock Exchange

Economy To pick Up in Two months, CBK survey

Banking

Kenya’s Public Debt to hit KSh 7.8 Trillion in 2020/21, says PBO

CBK Accepts Bids Worth KSh 20.1 Billion at Weekly Auction

CBK Accepts KSh 81.9 Billion from Bonds Sale, 147.6% Oversubscription

SASRA gets Acting CEO after exit of John Mwaka

I&M Bank Founder & Chairman Retires After 47 Years of Service

CBK collects KSh 7.2 Billion from Weekly T-Bills Auction

Banks Resume Charges for Transactions Above Ksh 100 through Inhouse Mobile Money Wallets

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Special Reports

Angaza Awards

Introducing The Top 10 Women Shaping the Region’s Banking and Finance Sector

byKenyan WallStreet

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The Angaza Awards: Women to Watch in Banking & Finance program has announced the list of Top 10 women who...

Editorial

Spotify and The Business of Music in Kenya

byEric Jackson

March 16, 2021

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In 2020, the highest-paid musician in the world was Kanye West who raked in $170 million. Sir Elton John comes...

Can the Gamestop Situation Happen in Kenya?

February 21, 2021

Announcing Hisa App Public Beta Launch

February 20, 2021

Absa Marks One Year Since Transition, Commits KSh1.6 Billion into Digital Products

February 11, 2021

How To Make Money Trading Derivatives In Kenya

February 9, 2021

Call For Nominations – Angaza Awards: Women to Watch in Banking & Finance

December 8, 2020

Multichoice’s Technological Innovations for 2020

November 12, 2020

Kenya Urged to Speed up Financial Markets Reforms – Absa AFMI 2020

November 12, 2020

Absolute Must-Reads for Banking and Finance Professionals

February 5, 2021

Blockchain and Digital Currencies

Eliud Kipchoge First Set of NFTs Fetch over $37,000

The auction of the first set of Eliud Kipchoge's non-fungible tokens (NFTs) closed on Thursday 23.00 Kenyan time and was sold for a total of 17.9837 in Ethereum currency, equivalent to...

Coinbase Reports $1.8B Q1 Revenue, Ahead of its April 14 Direct Listing

Coinbase reported its preliminary results for 2021 Q1 on April 6, recording revenues of approximate $1.8 billion, up from approximately $190.6 million in the same period last year. In the...

Visa to Allow Payments Settlements in Cryptocurrency USDC

Visa has announced that it will allow payment settlement via cryptocurrency, bridging digital and traditional fiat currencies. The card provider has launched a pilot payment program in partnership with Crypto.com...

Bitcoin Declines; Tesla Opens Bitcoin Option, Fidelity Applies For ETF

Bitcoin (BTC) declined on Thursday, as the rally recorded yesterday when Elon Musk announced that the company would start accepting payment in the digital currency was shortlived. The digital currency...

Founder of Kenya’s first Bitcoin startup on Why Kipochi Service Was Shut down

Kenya's cryptocurrency and blockchain news website BitcoinKe.io recently interviewed Pelle Braendgaard, the founder of Kipochi, the first Bitcoin wallet and the first to integrate M-PESA into a crypto product in...

Regional & Global Outlook

Mo Dewji, Only East African on Forbes List of 18 Richest Africans

KenGen Bags KSh440 Million Geothermal Tender in Ethiopia

KenGen Earns KSh440 Million from Geothermal Tender in Ethiopia

Global Markets News Highlights

Toshiba Receives $20 Billion Buyout Offer from CVC Capital Partners

Plaid Raises $425 Million in Series D Funding

Payments Platform, Stripe, Launches in the Middle East

WorldRemit Founder Ismail Ahmed Commits $500 million to Philanthropy

Coinbase Reports $1.8B Q1 Revenue, Ahead of its April 14 Direct Listing

April 7, 2021

French Govt to Doubles its Stake in Air France Following Approval of a $4.7 B Recapitalization Plan

April 7, 2021

Virus-free New Zealand Raises the Minimum Wage to $20 an hour

April 5, 2021

LG to Officially Wind Down its Global Mobile Phone Business by July 31

April 5, 2021

Kenya, in terse response, slaps Restrictions on UK Visitors

April 4, 2021

Global Markets; S&P 500 Hits Record High, Coinbase IPO, OPEC+ Meeting, NFP data, Tesla News

Mastercard Invests $100 Million into Airtel Mobile Commerce BV, Airtel’s Mobile Money Business

US Stocks End First Quarter With Strong Performance

Uganda’s Tugende Raises $3.6 Million in Series A Funding

Global Markets; Wall Street, Paypal Crypto, WhatsApp in Brazil, Tesla & Amazon News

Xiaomi Ventures into Electric Vehicles, Invests $10 Billion