NSE Pointing to a Bear Market-Where Are the Opportunities?
The NSE( Nairobi Securities Exchange) Equities Market is sliding into a bear one if figures from the bourse are anything to go by. For instance, the NSE performance report for [...]
CBK Reports a 7.6% Rise in Diaspora Remittance to $ 339.7m in May
CBK (Central Bank of Kenya) Weekly Statistical bulletin has reported that diaspora remittance inflows to Kenya in May 2022 totalled US$ 339.7 million compared to US$ 315.8 million in May [...]NSE Weekly Turnover Rises 5% to KSh 2.1 Billion
NSE weekly turnover stood at KSh2.1billion on 87.5M shares, against KSh2billion on 82.97M shares posted the previous week, an increase of 5%. The Derivatives Market at the NSE closed this [...]Microsoft to Invest in Kenya’s Agritech
Microsoft says it is committing to working with Kenya’s Ministry of Agriculture through a platform that will digitize agriculture in Kenya. Microsoft Kenya Acting Country Manager Kunle Awosika said the [...]Longhorn Publishers Appoints Thomas Omondi-Achola as Non-Exec. Director
Longhorn Publishers Plc Board of Directors has informed its shareholders and stakeholders of its decision to appoint Thomas Omondi as an alternate non-executive director to Centum Investment Company Plc in [...]Google Offers Scholarships to Enable Kenyan firms Go Online
Google, the USA-based multinational technology company, is offering 1,000 scholarships to small retailers in Kenya to enable them to shift their business to online platforms and sell their wares and [...]CBK Accepts KSh 18.2 Billion at Weekly T-Bills Auction
CBK received bids amounting to KSh 19.4billion at the weekly treasury bills auction, a performance rate of 80.80%, with the state fiscal agent accepting KSh 18.2 billion out of KSh [...]KQ Expands Codeshare Agreement with Delta Airlines
Kenya Airways (KQ) has expanded its codeshare agreement with and Delta Airlines, seeking to offer customers seamless travel to a total of 44 cities in Africa, the United States, and [...]
Kenya Zambia Sign 6 MoUs to Enhance Bilateral Cooperation
President Uhuru Kenyatta and his Zambian counterpart President Hakainde Hichilema have signed six MoUs geared towards enhancing bilateral cooperation between the two countries. The 6 signed MoUs are: Memorandum of [...]Crossboundary Raises $25 Million for Renewable Energy Projects
Kenya-based Crossboundary Energy Access (CBEA), a mini-grid infrastructure fund, has raised $25 million to back renewable energy projects across the continent. The funding was raised from ARCH Emerging Markets Partners [...]Kenya Seeks More Flight Destinations with Deals with 8 Countries
The Ministry of Transport has tabled bilateral air service agreements between Kenya and eight countries that will see Kenya Airways (KQ) expand its flights destinations to new markets. The Transport [...]VIDEO; Celo, Mercy Corps Ventures, Cinch and Kotani Pay team up to launch DeFi employer-based lending pilot in Kenya
To explore how mobile-first DeFi built on Celo could offer a truly unique solution for employer-based lending, theCelo Foundationhas partnered withMercy Corps VenturesandCinch Marketsto launch a three-month salary-advance pilot in [...]
