NSE Daily Equity Turnover Rises 5% to KSh 208 Million.
The Nairobi Securities Exchange (NSE) recorded a 5% rise in Monday’s trading session with Equity turnover rising to Kes 208 million against the kes 109 million posted during the previous trading session. The [...]
How To Invest in Gold from Kenya
For the longest time, gold has always been considered a “safe haven asset” because when other investments like stocks become volatile, gold gains value as panicked investors rush to buy [...]
Treasury Collects KSh 24.9 Billion in March T-Bonds Tap Sale
Treasury has taken a further KSh 23.9 billion from a second-round sale of Treasury Bonds in March 2022. This is to take its cumulative flows from bonds in March to [...]
CBK is Polishing M-Akiba to Enhance its Appeal to Investors
The Central Bank of Kenya (CBK) is relaunching the M-Akiba product and will go live by June this year. All this is in an effort to entice investors to take [...]KCB Group Moves Acquisition Plans in DRC into Top Gear
Kenya Commercial Bank (KCB) Group plans to acquire a lender in the Democratic Republic of Congo (DRC), as its regional expansion plans move to full throttle. The Kenyan lender will [...]Diaspora Remittances to Kenya falls 5.1% to US$ 321.5 Million in February 2022
Diaspora Remittances to Kenya in February 2022 totaled US$ 321.5 Million compared to US$ 260.3 million in February 2021, a 23.5 per cent increase. According to the latest CBK Weekly [...]Konza City Project Receives KSh 686.86 Million Grant from South Korea
Konza City Project has received a grant of US$ 6 Million(KSh 685.86 Million) from the South Korean Government for the construction of transport infrastructure, planning and security installations. Konza Technology [...]NSE Weekly Equity Turnover Drops 30% to KSh 1.5 Billion
Nairobi Securities Exchange(NSE) Weekly equity turnover fell to KSh 1.5 Billion on a volume of 47.9 Million shares sold when trading ended at the bourse this week. This compares to [...]UBA Signs Partnership Deal With Cellulant
United Bank for Africa (UBA) Plc and Cellulant have signed a partnership deal that will provide digital payment services to consumers and merchants across 19 countries where UBA has a [...]Policyholders of Collapsed Underwriters to Get More Compensation
Policyholders of collapsed insurance companies will soon get more in compensation if an ongoing review approves the increase. The Policyholders Compensation Fund(PCF) is at the moment paying upto KSh 250,000 [...]Centum Real Estate Appoints Kenneth Mbae as New Managing Director
Centum Real Estate Limited has appointed Kenneth Mbae as its new Managing Director with effect from 17th March 2022. He takes over from Samuel Kariuki, who has left to pursue [...]
Keroche Breweries Resumes Factory Operations
There was a sigh of relief for tens of workers at Keroche breweries after they were recalled back to work after it resumed operations following an agreement with the Kenya [...]
