Nairobi Coffee Exchange to Resume Trading as Major Millers Keep Off
The Nairobi Coffee Exchange (NCE) is set to resume operations after fulfilling stringent conditions laid out by the Capital Markets Authority (CMA). Figures from the CMA indicate that some 11 [...]
SASRA Annual Losses Widen to KSh 32.8 Million
The Sacco Societies Regulatory Authority(SASRA) had its deficit widen by 49.8% to KSh 32.8 Million in 2022 from a deficit of KSh 21.9 million in 2021 according to audited figures [...]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 [...]Stanbic Holding's Half-Year Profit Jumps 47% To Sh7.1 billion
Stanbic Holdings has reported Sh7.1 billion profit after tax in the first-half result released on Thursday, from Sh4.8 billion reported same period last year. During the period, revenue grew by [...]
Shelter Afrique Roots for Green Buildings in Africa
Shelter Afrique, a Pan African housing development financier, has implored stakeholders in the built environment to put more emphasis on addressing climate change, describing it as one of the most [...]IGAD Ministerial Conference Renews Push to Eradicate the Desert Locust
Intergovernmental Authority on Development (IGAD) member states have been urged to act collectively to ensure total eradication of the desert locust. In a joint communique of the IGAD regional ministerial [...]Buy Now Pay Later: How Tech is Unlocking Financial Barriers in Goods, Services Acquisition
The fate has united tech companies, merchants and financial services providers to unlock financing headache hindering many consumers in owning desired property. Tech companies are innovating around buy and pay [...]Kenya joins Global Ranking of leading Avocado Exporters in the World- UN FAO
Kenya has joined the top league of major avocado exporters in the world according to figures from the United Nations Food and Agriculture Organization(FAO). Kenya features in the list of [...]SRC Issues Advisory on Fat Allowances Paid to Public Servants
The Salaries and Remuneration Commission(SRC) is in the process of completing a review of allowances paid to public officers and has sent out an advisory that certain payments should not [...]Michael Joseph Resigns From Safaricom Board
Safaricom’s founding Chief Executive Officer Michael Joseph has resigned from his role as the director of the telecommunications company, with effect from 1 August 2023. In a communication, Safaricom said [...]Kenya Government to Spend KSh 42 Million on Edible Oils Value Chain at the Coast
The Kenya Government, through the State Department for Crop Development, plans to spend more than KSh 42 Million to support farmers plating edible oils crops in the Coastal regions of [...]EGADS Net Profit Ups 14.16% to KSh 10.88M
Eaagads(EGADS) Limited, a listed coffee dealer, has posted a 14.16% increase in PAT to 10.88Million driven by 84.57% increase in coffee production, attributable to favourable weather condition, which saw a [...]
