Mi Vida Homes Partners with Institutional Buyer for 30% of 237 Garden City
Property developer Mi Vida Homes has finalized an agreement with a renowned institutional off-taker for the acquisition of a significant portion of its pioneering affordable housing project, known as 237 [...]
CBK Collects KSh 43.6Billion at Weekly T-Bills Auction, 186% Oversubscription
The Central Bank of Kenya(CBK) accepted bids worth KSh 43.6 billion at the Weekly Treasury Bills Auction conducted this Thursday 17th August 2023 after receiving bids worth KSh 44.7 billion, [...]Kenya Stock Market Upbeat on Return of Foreign Investors
The Nairobi Securities Exchange (NSE) expects increased activity following significant efforts to bring back foreign investors, who are for long dominated trading at the bourse. Figures from the Capital Markets [...]Kenya Orient Joins List of Private Firms Authorised to Handle NSSF Cash
Kenya Orient Life Assurance Limited has received approval by the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions. It joins a list of others who have received similar [...]KCB in KSh 1 Billion deal with SIDA to support SMEs
Kenya Commercial Bank(KCB) has signed a deal with Swedish International Development Cooperation Agency(SIDA) worth KSh 1 billion to set up a guarantee fund for Small and Medium-sized Enterprises(SMEs). The 7-year [...]CBK Accepts Bids Worth KSh 47.8 Billion at Weekly Treasury Bills Auction
Central Bank of Kenya(CBK) received bids worth KSh 47.9 billion at the Weekly Treasury Bills Auction, out of KSh 24 billion offered to investors with the CBK accepting bids worth [...]CBK Accepts Bids Worth KSh 10.3 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) collected KSh 10.3 billion at the weekly treasury bills auction out of bids worth KSh 11.3 billion received, a performance rate of 47.1%. Bidders were [...]CBK Seeks KSh 40 Billion in August T-Bonds Tap Sale
The CBK has floated two fixed coupon Treasury Bonds in the month of August, as it seeks KSh 40 billion for budgetary support. Investors are required to obtain details of [...]How to Get Started Investing in Government Bonds Using Central Bank of Kenya's DhowCSD
The Central Bank of Kenya has launched the CBK DhowCSD, a web platform and a mobile App that will allow retail investors in Kenya and abroad to invest in Government [...]Safaricom Shareholders Approve Establishment of Startup Investing Subsidiaries
Safaricom shareholders have approved the creation of two new subsidiaries during the company's 15th Annual General Meeting (AGM). The move is set to invigorate the tech ecosystem by bolstering investments [...]
Investors are leveraging Airbnb to chase returns in the Kenyan real estate market
Airbnb is not new to the Kenyan short-term rental market, yet the platform continues to change the real estate game from Nairobi to Watamu, Kisumu to Maasi Mara, and everywhere [...]
Centum Investment Group Net Loss Widens to KSh 7.3 Billion
Centum Investment Group reported a consolidated net loss of KSh 7.3 billion according to the audited financial results for the full year ended 31st March 2023. This is compared to [...]
