NSE Equity Turnover rises 52.4% to KSh 320M
The Nairobi Securities Exchange(NSE) posted a daily equity turnover of KSh 320 Million from the previous KSh 210 Million, an increase of 52.4% East Africa Cables was the day’s top [...]
Global Air Cargo up 2.9% in Feb-IATA
Despite a challenging operating backdrop, global air cargo markets show that demand increased by 2.9% in February 2022 compared to February last year. Global cargo capacity was positively influenced by [...]KPC Launches Fibre Optics Cables to Diversify Streams of Revenue
Kenya pipeline company(KPC) has ventured into the fibre optic cable business after launching a cable that will run alongside its soil pipeline from Mombasa to Nairobi, through Nakuru to Eldoret [...]
Insurance Companies and Brokers Fail to Remit Ksh 8.5 Billion- Kenya Re
Kenya Re has disclosed that insurance companies and brokers have failed to pay Sh 8.57 billion premiums, hurting the profitability of the insurance firm which has had to make provisions [...]Kenya Govt to Roll Out Next Spending Plan
The Kenya government plans to roll out the third phase of its Economic Stimulus Programme(ESP) that targets interventions in agriculture, health, education, drought response, policy, infrastructure, financial inclusion, energy, and [...]Banks to Pay Fat Dividend Cheque of KSh 51.7 B
Banks listed on the Nairobi Securities Exchange(NSE) will pay huge dividends to their shareholders as the lenders recover from effects of the pandemic, amounting to KSh 51.7 Billion, an increase [...]Digital Lenders to Notify Loan Defaulters before CRB Listing
Digital lenders will now give loan defaulters a 30-day notice before their names are forwarded to credit reference bureaus (CRBs) under regulations that give the Central Bank of Kenya (CBK) [...]NSE Appoints Mbithe Muema as New Chief Business Officer
The Nairobi Securities Exchange (NSE) has appointed Ms Mbithe Muema as its new Chief Business Officer, replacing Terrence Adembesa who exited to take on a new role as CEO of [...]
Milk Prices Surge Amidst Shortage
The price of milk has gone up for the second time in two weeks leading to panic buying in retail outlets as uncertainty looms in the dairy sector. The price [...]CBK Accepts KSh 33.1 B from April T-Bonds Tap Sale
The Central Bank of Kenya(CBK) accepted KSh 33.1 Billion at the April Treasury Bonds tap sale. It received bids worth KSh 34 Billion worth of KSh 40 Billion offered at [...]NSE Equity Turnover drops 12.5% to KSh 210M
The Nairobi Securities Exchange(NSE) recorded a slight decline in Daily Equity Turnover to KSh 210 Million this Wednesday compared to KSh 241 Million yesterday, a fall of 12.5%. The number [...]DSE posts turnover of US$ 105,909
Dar es Salaam Stock Exchange(DSE) recorded a total turnover of TZS 246.29 Million ($105,909) from 520,593 shares traded in 80 deals when trading ended at the bourse this Tuesday. In [...]
