Equity and KCB Named Among Top 500 World Lenders
Equity and KCB the largest lenders in Kenya by asset size have been named among the world’s top 500 lenders by brand value by a global brand valuation consultancy Brand [...]
Prices at Weekly Tea Auction Rise to $2.60 Per Kg
The weekly Mombasa Tea Auction held on 31st January, 1st, and 2nd February 2022 had 12.8 million kilograms of tea offered for sale. The amount on offer decreased from 14.1 million kilograms [...]
The Best Guide on How to Manage Your Money
One thing that people don’t learn early enough is how to deal with money. Students graduate with all kinds of professional papers but miss one of the most important [...]
NSE Record Drops in Equity, Bond Turnover in January
Nairobi Securities Exchange(NSE) recorded a drop in equity turnover by 21.2% in January 2022 from KSh 10.5 Billion to KSh8.2 Billion; while bonds turnover decreased by 9% from KSh53.2 Billion [...]
Moody's Upgrades Kenya's Banking Sector Outlook to Stable
Moody's, a US-based global integrated risk assessment firm, has assigned Kenya’s banking system a stable outlook, for the first time. This assessment is based on expectations that a recovering economy [...]Hotel Bookings in Kenya hit by Concerns over Omicron Variant
Hotel forward bookings in Kenya have remained low, relative to the total bed capacity for the period between January to April 2022. According to the Monetary Policy Committee Hotels Survey [...]Century Microfinance Bank Acquisition by Branch International gets Treasury Approval
Century Microfinance Bank Limited acquisition by Branch International, a startup fintech, has received approval from the National Treasury.. In a legal notice dated 24th January 2022 and signed by Treasury [...]NSE Weekly Equity Turnover hits KSh 2.7 Billion
Nairobi Securities Exchange(NSE) recorded an increase in weekly equity turnover to KSh 2.7 Billion compared to KSh 2.6 Billion at the end of last week. This is as the banking [...]KMRC Plc Issues First Tranche of KSh 10.5 Billion Medium-Term Notes
Kenya Mortgage Refinance Company(KMRC) has issued Fixed Rate Senior Unsecured Medium Term Notes(MTN). The Issuer seeks to raise a maximum of KSh 10.5 billion under this Programme. The first tranche [...]Equity Revamps USSD Service to Serve all Mobile Networks
Equity has revamped its USSD service offering unified services across all mobile networks and an enhanced customer experience. Customers in Kenya can now easily access the USSD service by dialing [...]Airtel Africa Plc Net Earnings in Q3 2021 rise to $ 514 Million
Airtel Africa profit after tax almost doubled to $514Million as higher profit before tax more than offset associated tax charges for the nine months period ended 31st December 2021. Airtel [...]CEOs Concerned About Impact of August Polls, says CBK Survey
Chief Executive Officers(CEOs)of various firms continue to be concerned that business performance will be affected by increased political activity as investors adopt a ‘wait and see’ approach to investments. According [...]
