CBK Accepts Bids Worth KSh 23.1 Billion At Weekly T-Bills Auction
Central Bank of Kenya(CBK) accepted bids worth KSh 23.1 Billion at this Thursday’s Treasury Bills Auction out of KSh 24 Billion on offer after the state fiscal agent received bids [...]
Crown Paints Kenya HY2023 Net Profit Sinks 87.2% to KSh 37 Million
Crown Paints Kenya Plc Net profit for the half year ended 30th June 2023 plunged 87.2% to KSh 37 Million compared to KSh 288 million in HY 2022.This is as [...]Kenya to Commence $ 13.8B Lamu, Ethiopia, South Sudan SGR Project in 2025
Kenya will in 2025 begin constructing a $ 13.8 billion high-speed electric standard gauge railway linking its Indian Ocean port of Lamu to Ethiopia and South Sudan. The 3,000 km [...]SACCOs in Fresh Battle for Nairobi’s Central Business District
Kenyan SACCOs (Savings and Credit Co-operative Societies) in the Deposit-Taking business are in a frantic rush to break their common bond, rebrand, and open up new outlets in Nairobi, ostensibly [...]CBK Seeks KSh 21 Billion in Another Treasury Bonds Tap Sale
The Central Bank of Kenya(CBK) is seeking to raise KSh 21 billion from the market, just days after rejecting numerous bids in a similar tap sale. The state fiscal agent [...]KNTC Rolls Cooking Oil Vending Machines as Competition in Sachet Economy Heats Up
Kenya National Trading Corporation(KNTC) has launched edible oil dispensing machines, a move that is expected to trigger intense competition by local and foreign firms for a share of Kenya’s cooking [...]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 [...]
