Nicholas Nesbitt Appointed Chairman of Kenya's Capital Markets Authority
Nicholas Nesbitt the former General Manager of IBM Eastern Africa has been appointed the new chairman of Kenya's Capital Markets Authority (CMA). Nicholas Nesbitt takes over from James Ndegwa who [...]
Kenya Barbados Sign Bilateral Trade Agreements
Kenya and Barbados have signed three key bilateral agreements for cooperation in aviation, environmental conservation, trade and investment. President Uhuru Kenyatta and Prime Minister Mia Amor Mottley witnessed the signing [...]World Bank Projects Kenya's Economy to Grow 5% in 2021
The World Bank has projected Kenya's economy to grow by 5% in 2021, an upward revision from 4.5% projected in June. The growth is occasioned by improvements in construction, education, [...]Nairobi Improves Ranking in Global Financial Centres Index
Nairobi, Johannesburg and Cape Town increased their ratings in the 30th Global Financial Centres Index by more than 20 points while Casablanca continues to be the leading African centre. Kigali [...]
PCK Signs a Deal with Swift Lab- a Kenyan Drone firm
The Postal Corporation of Kenya (PCK) has partnered with Swift Lab Limited to roll out drone-based last-mile delivery services countrywide for medical supplies, e-commerce purchases and essential cargo. PCK deal [...]EAB Plc Issues KSh 11 Billion Medium-Term Notes
East African Breweries (EAB) Plc has received approval from Capital Markets Authority(CMA) to offer up to KSh 11 Billion Medium-Term Notes under its domestic medium-term note programme. Proceeds from the [...]World Investor Week 2021: Investing Anywhere, Safely.
The world investor week is an annual event conducted by The International Organization of Securities Commissions (IOSCO) on the first full week of October each year.
KRA Collects KSh 476.6 Billion in Q1, 2021/22
Kenya Revenue Authority(KRA) has collected KSh 476.646 Billion between July and September 2021/22 financial year, surpassing a revenue target of KSh 461.7 Billion by KSh 14.992 Billion. This sustained revenue [...]Global Markets: Volvo, GitLab and Lenovo IPOs, Evergrande Crisis, Tesla Q3 Deliveries
US Stocks Equities in the United States closed higher on Friday after a volatile trading week with the investors focus mainly around COVID-19 recovery. Major companies across the globe that have made [...]IFC to Loan KSh1.6 Billion to Gulf Trust Bank for SMEs
The International Finance Corporation (IFC) is set to lend $15 million (Sh1.6 billion) to Guaranty Trust Bank Kenya for onward lending to Small and Medium sized Enterprises (SMEs). The loan [...]Prices at Tea Auction Hit $2.16 Per Kg
The weekly Mombasa Tea Auction held on 27th and 28th September 2021 had 8.3 million kilograms of tea offered for sale. The amount on offer decreased from 8.8 million kilograms for the [...]KQ Doubles its Passenger Flights to the UK
Kenya Airways (KQ) has announced plans to increase the frequency of flights to London after Kenya was removed from the UK's red list. Kenya's state-owned airline will add four flights [...]
