CBK extends sale of 9-year infrastructure bond worth Ksh 16 Billion
Central Bank of Kenya on Tuesday invited bids for a nine-year armotized infrastructure bond worth up to Ksh 16 Billion shillings through a tap sale. The bond which will have an [...]
Barclays Bank to fund women bidding for 30% GOK Tenders
Barclays Bank plans a new financing package for women entrepreneurs that will not require collateral for loans when bidding for government tenders.Barclays Bank Kenya CEO Mr Jeremy Awori said the bank [...]NIC Bank Obtains Ksh 5.6 Billion loan from EIB
European Investment Bank has given Kenya's NIC Bank Ksh 5.6 Billion loan to fund its loan book extension and lend small- and medium-sized enterprises.(SME's) This is EIB's second deal in [...]South Sudan Devalues Currency by 84%
South Sudan devalued its currency by 84 percent as the government abandoned efforts to fix the exchange rate and allowed the pound to trade freely, surrendering to prices charged in [...]Market Report 15/12/2015
Market Report 15/12/2015 The benchmark NSE-20 Share Index was up 19.36 points to close at 3,987.57 points. The All Share Index (NASI) was up by 0.18 points to close at [...]WTO must deliver trade deals or change role Kenya
Ministers meeting this week should decide whether the World Trade Organization continues to negotiate major trade deals that have proved elusive or find it a more modest mandate, like arbitrating [...]Tullow discovers oil in northern Kenya
Tullow Oil PLC (TLW.LN) said Tuesday that it has found oil at its Etom-2 well in Block 13T in Northern Kenya and believes that there is further potential in other [...]KCB named Africa's Best Employer
Kenya Commercial Bank(KCB) has won Africa’s Best Employer Brand award which was organized by The Employer Branding Institute in Africa during the second edition of the Africa Best Employer Brand Awards [...]Banks to be investigated for failing to cut lending rates despite improved monetary policy
Daily Nation Kenyans could soon know whether banks have been colluding to fix interest rates on loans after the Competition Authority of Kenya initiated investigations into possible anti-competitive behaviour. CAK [...]High Court halts GOK's sale of 5 sugar companies
High Court Judge Justice George Odunga has stopped Government's sale of 51% stake in five state owned sugar companies after the Transition Authority (TA) filed a suit accusing the Privatisation Commission [...]Market Report 14/12/2015
Market Report The benchmark NSE 20 index lost 26.88 points to close at 3,968.20 points. The All Share Index (NASI) was up slightly by 0.04 points to close at 144.76 [...]Importance Of The WTO Nairobi Conference to An Ordinary Kenyan
Exits Pope, enters the 10th World Trade Organisation (WTO) Ministerial Conference (MC10). The first of its kind to be held in Africa. WTO is the sole global international organization that [...]
