CBK eyes KSh 40 Billion in December T-Bond Sale
Central Bank of Kenya (CBK), the state's fiscal agent, has invited bids for the sale of re-opened 10 year and 20-year Fixed-Coupon Treasury Bonds, that were first sold in 2019 [...]
SASRA signs MOU with Sleuths, putting Rogue SACCO Officials on Notice
The Sacco Societies Regulatory Authority (SASRA) has signed a Memorandum of Understanding (MOU) with the Directorate of Criminal Investigations (DCI) to investigate officials who steal funds from Savings and Credit [...]Kenya Resumes Mango Exports to the EU
Kenya is set to resume its mango exports to the European Union (EU), following a visit by a delegation of government regulatory agencies and private sector in the horticulture industry [...]
CoAmana Tech Startup to link Farmers and Buyers
CoAmana Market Limited, a tech startup is keen to expand its buyer-seller activities in Kenya, with a focus on agricultural products. This is through its digital marketplace, Amana Market, which [...]Equity Group Holdings Plc is the Day's Top Mover at the NSE
Equity Group Holdings, the most profitable lender in Kenya, was the day's top mover when the Nairobi Securities Exchange(NSE) closed its first day of trading this week. Equity Group moved [...]National Bank of Kenya (NBK) to Delist from NSE this Week
The Nairobi Securities Exchange(NSE) has issued a public notice on the delisting of the National Bank of Kenya(NBK) from the bourse from November 25th 2021. This follows the successful takeover [...]Housing Finance Company Appoints Peter Oduori As its New MD
Housing Finance Company(HFC) Limited, the banking subsidiary of HF Group, has appointed Peter Mugeni Oduori as the Bank, effective November 17th 2021. Peter is a seasoned banker with over 20 [...]Sendy launches a Digital Platform for Online Sellers in Kenya
Sendy, a Kenyan tech-logistics startup, has set up a digital-enabled platform that relieves online sellers of logistics difficulties and their associated costs. A state-of-the-art Fulfillment Center with multiple picking locations [...]Reprieve as Tea Auction Records an Increase in Prices
The weekly Mombasa Tea Auction held on 15th, 16th, and 17th November 2021 had 12.3 million kilograms of tea offered for sale. The amount on offer increased from 12.1 million kilograms during [...]Kenya's Banking Sector Quarterly Profit Before Tax falls to KSh 49.08 Billion
Kenya's Quarterly profit before tax decreased by KSh 1.45 billion from KSh50.53 billion in June 2021 to KSh49.08 billion in September 2021. This was as a result of a higher [...]Kenya Targets to Raise KSh 106 Bn in Fifth Eurobond Issue
Kenya will take up a fifth sovereign bond (Eurobond) targeting KSh 105.6 billion in the next fiscal year, with the National Treasury indicating plans to float its first green bond. [...]NSE Weekly Equity Turnover Declines 28% to KSh 2.5 Billion
Nairobi Securities Exchange(NSE) recorded a decline in weekly turnover to KSh 2.5 Billion from KSh 3.4 Billion the prior week, a decline of 28%. The volume of shares traded also [...]
