T-Bills Rise after weeks of successive fall
Central Bank Of Kenya's weighted average interest rate on 91-day Treasury bill edged up to 9.218 percent in auction on Thursday from 9.210 percent last week, the central bank said. Investors [...]
BIDCO Starts campaign to curb corruption
BIDCO Africa has launched an anti-corruption campaign that aims to end graft within its value chain saying it believes its wise to have an anti-corruption policy within the company. BIDCO board has [...]Liquidation Of Dubai Bank Suspended
High court judge Mr Erick Ogolla has temporarilly suspended the liquidation of Dubai Bank for 90 days and has directed that the respondents fully consider the proposal by Ms Sovereign [...]Kenyans To Trade stocks via Safaricom Platform
Safaricom Ltd expects Kenyans to start trading stocks on their mobile phones early next year, using a product it developed to enable customers to buy government bonds, Chief Executive Officer [...]Shares Held By Imperial Bank at NSE
Latest Investor returns fillings on Nairobi Securities Exchange Listed Companies show that Imperial Bank held 757, 500 shares of Sasini Tea Coffee.This gives Imperial a controlling 0.332 ownership of the agricultural [...]Senate sets Tough Conditions For KQ Bailout
Kenya's Senate committee scrutinizing Kenya Airways has set out very tough conditions that the Airline must implement in order for them to approve a bailout.The airline needs billions of shillings though [...]StarTimes waives satelite decoder prices,aimed at growing market share
Source; Startimes Digital television Company StarTimes Media today rolled out an aggressive campaign aimed at growing its subscriber base for the satellite pay television service. Under the new agreement, Kenyans [...]Dubai Bank CEO Directors charged with theft,money laundering
A Nairobi Court on Wednesday indicted Dubai Bank Kenya’s Chief Executive Officer Mr Binay Dutta together with other bank directors for stealing money and failing to comply with the anti-money laundering act.They are [...]NSE REPORT 2/12/2015
NSE Market Report 2/12/2015 Turnover on the bourse was up by 36.4% to KES 503.09 Million from the previous day. All share Index gained 0.73 points to close at 144.21 [...]KCB To venture into Property Development
KCB, second largest mortgage financier, will hold its last property tour this year for potential home buyers this Saturday as it cranks up plans to set up own building arm. [...]M-KOPA Solar raises over KES 1.9 Billion from Richard Branson Associates
2 December 2015, Nairobi, Kenya – M-KOPA Solar, Kenyan pay-as-you-go energy provider to off-grid homes, has announced the closing of a US$19 million financing round led by Generation Investment Management LLP. [...]44,300 Imperial Bank Depositors to get full access of their cash
Central Bank of Kenya said on Wednesday that 89% percent of depositors in Imperial Bank, which was taken into receivership in October because of fraud, would receive their full deposits back. Governor [...]
