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 [...]CBK Collects KSh 8.8 billion from Weekly T-bills Auction
The Central Bank of Kenya(CBK) accepted KSh 8.8 billion from the Weekly Treasury Bills Auction out of bids worth KSh 9.1 billion received, an oversubscription of 38.10%, out of KSh [...]Nairobi Women's Hospital Founder Maina Thenya Acquires Majority Stake from PE Firm Evercare
Competition Authority of Kenya (CAK) has granted shareholding changes at the Nairobi Women's Hospital (NWH), in a process initiated two months ago. The go ahead will now see Dr. Samuel [...]Act On Nature Related Risks Or Face Financial Instability, African Regulators Told
A new report from the collaborative forum of African financial institutions, the African Natural Capital Alliance (ANCA) and management consulting firm Oliver Wyman has underlined the growing importance of African [...]German Pump Manufacturer Wilo Group Opens Assembly Plant In Nairobi
Wilo Group, a German manufacturer of pumps and pump system has re-energised its operations in Kenya with the launch of an assembly plant in Nairobi. The company sees opportunity in [...]CarGeneral Acquires Cummins CG Holdings Limited
The Competition Authority of Kenya (CAK) has given CarGeneral (Trading) Limited approval to fully acquire Cummins CG Holdings, after meeting regulatory requirements. Cummins CG Holdings main commercial activities are the [...]Kenya Among ‘Big 4’ Private Capital Destinations in Africa KIFC Report
Kenya is listed among the Big 4 that also includes Egypt, Nigeria and South Africa-as the giants of Africa’s silicon savannah, continually attracting the lion’s share of both private capital [...]
