Co-op Bank in deal with IFC to Fund HealthCare Equipment Purchase
Co-op Bank has linked up with the International Finance Corporation (IFC) to provide credit to healthcare firms at friendly terms. Those targeted are clinics, hospitals and laboratories with a maximum [...]
Maize Flour Prices at an all Time High Backed by High Maize Prices
The maize flour price continues to rise on the back of expensive grains in the market, worsening the plight of households already struggling with an increase in the cost of [...]
Tea Auction Records a Fall in Prices
The weekly Mombasa Tea Auction held on 7th, 8th, and 9th February 2022 had 12.5 million kilograms of tea offered for sale. The amount on offer decreased from 12.8 million kilograms during [...]
CBK Takes Plunge into Digital Currency Space
The Central Bank of Kenya (CBK)has finally taken a plunge into the deep waters of digital currency after stalling for a while. Kenya's monetary authority is inviting comments from the [...]Sanlam Kenya Plc is Week's Top Price Gainer At the NSE
Sanlam Kenya Plc was the week's top gainer at the Nairobi Securities Exchange(NSE), its share price rising by 12.94% to close the week at KSh 11.00. Sanlam began the year [...]Naivas targets Shoppers in Nairobi with Greenspan Imara Mall Outlets
Naivas Supermarket chain plans to open two branches at Nairobi’s Greenspan Mall and Imara Shopping Mall in the next two weeks. The move is expected to push competition in the [...]NSE Daily Equity Turnover falls 67.6% to KSh 244.2 Million
Nairobi Securities Exchange(NSE) recorded a significant drop in daily equity turnover by 68% to KSh 244.2 Million when trading ended today compared to a turnover of KSh 753.3 Million on [...]Jambojet Begins ferrying Cargo on its Passenger flights
Jambojet, a subsidiary of Kenya Airways, has begun ferrying cargo on its passenger flights, raising the level of competition among local and foreign airlines, each targeting a piece of the [...]US Markets; Top news of the day
Major indices in the US markets ended Thursday's session sharply lower in the wake of data showing January's annual inflation hit 7.5%, a new four-decade high. The SP 500 index, Dow Jones [...]
Kenya's Mr Green Secures another Round of Funding
Mr Green Africa, a Kenyan plastics recycling pioneer, has been boosted by a major round of investment by impact driven investors and key industry stakeholders to scale its business model [...]Visa invites Fintech, Payment Startups to Showcase their products, solutions
Visa, through its globally open innovation program, Visa Everywhere Initiative is inviting fintech and payment startups to showcase their innovative products and solutions Fintech startups across Central and Eastern Europe, [...]CBK Collects KSh 19.9 Billion at Weekly T-Bills Auction
Central Bank of Kenya(CBK) accepted bids worth KSh 19.9 Billion at the weekly treasury bills auction and received bids worth KSh 20 Billion, a performance rate of 83.52%. Out of [...]
