Kenyans Face More Pain at the Fuel Pump
Kenyans are now paying more for fuel at the pump after the Energy and Petroleum Regulatory Authority(EPRA) revised upwards, the maximum retail prices of petrol, diesel and kerosene. According to [...]
Tea Auction Records another Increase in Prices
The weekly Mombasa Tea Auction held on 13th and 15th September 2021 had 8. million kilograms of tea offered for sale. The amount on offer decreased from 9 million kilograms for the [...]
China is the Top Bilateral Lender to Kenya Central Bank
China is the leading bilateral lender to Kenya, accounting for 67% of its external debt followed by Japan(14%), France(7%) with other countries accounting for 11%. This is according to a [...]BOC Kenya Plc Board of Directors make new changes
BOC Kenya Board of Directors has announced the resignation of Marius Kruger as a Non-Executive Director effective 13th September 2021. Kruger was appointed a Non-Executive Director of BOC Kenya in [...]CBK Accepts KSh 13.1 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted KSh 13.1 Billion at the Weekly Treasury Bills Auction out of the KSh 24 Billion that it had offered investors, a performance rate of [...]Longhorn Publishers Posts a Profit of Kes 7.48 Million in 1H2021
Longhorn Publishers has reported a profit after tax of kes 7.48 million for the first six months ended 30th June 2021 a significant improvement from the loss of Kes 225 million that [...]
KQ Leases 2 Aircrafts to Congo Airways
Kenya Airways (KQ) has signed a wet aircraft lease agreement with Congo Airways, which will see the airline rent the two aircraft and crew for an initial two years. The [...]Home Afrika appoints Nelson Ashitiva as a Non-Executive Director
Home Afrika Limited Board of Directors has appointed Nelson Ashitiva as a Non-Executive Director of Home Afrika with effect from 1st September 2021. Nelson Ashitiva is a lawyer, business leader [...]CBK raises KSh 17.4 Billion at the Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted bids worth KSh 17.4 Billion at the Weekly Treasury Bills Auction, a performance rate of 72.7%. The most attractive instrument was the 91-day Treasury [...]Size of Kenya's Economy Increases After Authorities Rebase GDP
Kenya's gross domestic product jumped higher after the government changed the base calculation year to 2016 from 2009, sending the east African nation's revised nominal GDP to Ksh 10.753 trillion [...]
Stanbic Appoints Ms Wambui Kihuha-Mbesa as Board Director
Stanbic Holdings Plc Board of Directors has appointed Ms Wambui Kihuha-Mbesa as an Independent Non-Executive Director on the Board, with effect from 8th September 2021. Ms Mbesa, a seasoned technology [...]NSE Equity Turnover Retreats 15% to KSh 328 Million
Nairobi Securities Exchange(NSE) posted a 15% decline in equity turnover of KSh 328 Million from KSh 385 Million. The volume of shares declined to KSh 11 Million from KSh 14 [...]
