Kenya Airways Starts Ferrying Cargo on Behalf of South African Airways
Kenya Airways has started ferrying cargo on behalf of South African Airways with which it signed a pact last year to establish an Pan African airline by 2023. The pact, [...]
Moringa School Closes Pre-Series A with an Undisclosed Amount from Proparco
Moringa School, a Kenyan EdTech startup focused on developing and nurturing high potential individuals in software engineering and other tech-based skills, has raised an undisclosed amount in its pre-series A [...]NSE Daily Equity Turnover Declines 84.8% to KSh 120M
NSE Daily Equity Turnover declined to KSh 120Million from the previous sessions KSh 790Million, the number of shares traded stood at 5Million against 32.8Million posted yesterday. The top price gainer [...]
Philip Odera Appointed As Board Chairman of Letshego
Philip Odera has been appointed Board Chairman of Letshego Holdings Limited, a firm that is based in Gaborone and listed on the Botswana Stock Exchange. Philip Odera replaces Enos Banda, [...]NSE Holds Conference for Finance Officers in Kenya
The Nairobi Securities Exchange (NSE) PLC has hosted the inaugural NSE CFO Conference. The conference brought together finance leaders from leading companies in Kenya and the region to deliberate on [...]KMRC to Float Second Tranche of its KSh 10.4b Bond in Mid-2023
The Kenya Mortgage Refinancing Company (KMRC) is set to wait until mid-2023 before issuing the second tranche of its KSh10.4 billion medium term notes (MTN). According to KMRC, the delayed [...]Equity Group CEO Urges for New World Order
Equity Group CEO Dr James Mwangi has said the current world economic and social order is unsustainable and does not inspire trust between businesses and their host communities. Dr Mwangi [...]Uhuru Signs Second Supplementary Bill Allocating Ksh 49.2 Billion to the Fuel Subsidy Fund
The fuel stabilization fund has been allocated an additional Sh49.2billion after President Uhuru signed the second Supplementary Appropriation Bill of 2022(Supplementary budget) into law. The increased allocations will supplement the [...]
Fahari Aviation Partners with EVE UAM for electric Vertical Take-Off and Landing Vehicles in Kenya
Fahari Aviation, a subsidiary of Kenya Airways and EVE UAM have signed a Letter of Intent (LoI) for up to 40 electric Vertical Take-Off and Landing (eVTOL) vehicles. The agreement [...]IMF to Delay Disbursing KSh28.7 Billion Loan to Kenya
The International Monetary Fund (IMF) Executive Board is set to delay its approval to disburse a KSh28.7 billion loan to Kenya. While the country had hoped to get the board’s [...]NSE Daily Equity Turnover Rises to KSh 537m
NSE Daily Equity Turnover rose to KSh 537Million from the previous session KSh44.7Million; the number of shares traded stood at 22.7Million against 2.99Million posted yesterday. The NSE 20 share Index [...]Money in Circulation Spikes as Kenya Heads to the August Polls
Money circulating outside the formal monetary system slid to a new low of KSh252 billion in April as the clock ticks toward Kenya's August general elections, where spending by politicians [...]
