Weekly Tea Auction Prices Increase to $2.53 Per Kg
The weekly Mombasa Tea Auction held on 17th, 18th, and 19th January 2022 had 13 million kilograms of tea offered for sale. The amount on offer increased from 12.8 million kilograms during [...]
CBK to Hold Top Policy Meeting on Jan 26th
The Central Bank of Kenya(CBK) top policy organ, the Monetary Policy Committee( MPC) is holding its first meeting on Wednesday this week. If the MPC retains the Central Bank Rate [...]
CBK Accepts Bids Worth KSh 34.9 Billion from Two T-Bonds Auctions
The Central Bank of Kenya(CBK) received bids worth KSh 38.4 Billion during the Treasury Bonds Auction of January 19th 2022 and accepted KSh 34.9 Billion. Accepted amounts were made up [...]Kenya Safari Rally to Remain On the WRC Calendar Until 2026
Kenya has signed a deal for the Safari Rally to remain on the official World Rally Championship(WRC) until 2026. The deal was signed on Sunday at the Automobile Club of [...]Safaricom Ethiopia Plc is Building a $ 100 Million Data Centre in Addis
Safaricom Ethiopia Plc is building a $ 100 million data centre in Addis Ababa. The structure was assembled in China before making its way to the capital Addis via Djibouti. [...]NSE Weekly Equity Turnover Declines to KSh 1.5 Billion
Nairobi Securities Exchange(NSE)week on week Equity turnover stood at KSh 1.5 Billion on 49 Million shares against 1.57 Million shares on 45 Million shares traded the previous week. CarGeneral is [...]Kakuzi Plc Appoints Violent Mavisi As its Grievances Mechanism Head
Kakuzi Plc, a listed agri-business firm, has announced the appointment of renowned Jurist Justice (Rtd.) Violet Mavisi as the Independent Lead of the Company’s Operational Level Grievance Mechanism (OGM). Ms [...]Remittance inflows to Kenya hits historic $ 3,718 Million in 2021 CBK Survey
A Central Bank of Kenya (CBK) survey shows that diaspora remittances to Kenya reached a record $ 3,718 Million in 2021. This surpassed a previous record of $ 3,094 Million [...]CBK Collects KSh 27.9 Billion at Weekly T-Bills Auction, 119.5% Oversubscription
The Central Bank of Kenya(CBK) received bids worth KSh 28.7 Billion out of the KSh 24 Billion offered at the Weekly Treasury Bills Auction, the second oversubscription in the year. [...]NSE Equity Turnover rises 15.8% to KSh 36.31 Billion in Q4, 2021 CMA Report
The Nairobi Securities Exchange(NSE) experienced a rise in Equity Market Turnover in the last three six months to KSh 36.31 Billion compared to KSh 31.36 Billion in the quarter ended [...]Kenya-China Chamber of Commerce (KCCC) opens an office in Beijing.
The Kenya China Chamber of Commerce (KCCC) has opened an office in Beijing in a move to facilitate trade between Kenya and China. The newly opened office will play a [...]
Sanlam Issues Profit warning to Shareholders for FY 2021
The Board of Sanlam Kenya PIc has issued a profit warning to its Shareholders for the financial year 2021 Based on our unaudited end of year financial results and information [...]
