NSE Equity Turnover Plunges 76.5% to KSh 79.8 Million
Nairobi Securities Exchange( NSE) Equity turnover declined sharply on the first day of this trading week to KSh 79.8 Million compared to KSh 340.8 Million when the market closed on [...]
CMA Partners with Mauritian Regulator to Strengthen Compliance
Kenya's Capital Markets Authority (CMA) has signed an agreement with the Financial Services Commission (FSC) Mauritius to strengthen compliance in the Kenyan and Mauritian capital markets. Through the partnership, the [...]
Kenya's Forex Reserves Fall by $250 Million in One Week
Kenya's foreign exchange reserves dropped to the lowest level in July, after consistent growth in the past four weeks. The forex reserves, which are often used as a shield against [...]US Stock Market Closes Week at Record High Amid Earnings Release
The US stock market on Friday ended the last trading session of the week with gains as the Dow Jones, SP 500 and Nasdaq 100hittingall-time high benchmarks intraday. Investors were [...]
NSE Weekly Turnover Up Slightly to KSh 1.84 Billion
The Nairobi Securities Exchange(NSE) recorded a 0.36% rise in Weekly turnover from KSh 1.83 Billion to KSh 1.84 Billion, with foreign investors dominating, accounting for 61.52% of total trades. Foreign [...]NSE lists East African Portland Cement as Day's Top Price Gainer
The Nairobi Securities Exchange(NSE) listed East African Portland Cement Company(PORT) as the top price gainer when trading ended at the bourse this Friday, 23rd July 2021, two consecutive times this [...]Kenya's Maritime Academy, UK College Partner to Offer Maritime Courses in East Africa
The Bandari Maritime Academy situated in Mombasa recently signed an agreement with the City of Glasgow College to support the academy’s goal of becoming a Maritime Centre of Excellence in [...]Standard Chartered Bank Adds New Directors to its Board
Standard Chartered Bank Kenya on Thursday appointed two new directors to replace Eng. Patrick Obath and Ian Bryden who left the board recently. The new directors are technology and innovation [...]CBK Accepts KSh 16.693 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) collected KSh 16.693 Billion from the Weekly Treasury Bills Auction out of KSh 16.698 Billion worth of bids received, representing a performance rate of 69.58%. [...]Accelerator Program worth KSh 5.3 Million launched for Kenya's Insurance Sector
An Accelerator Programme worth KSh 5.3 Million has been launched that aims to harness technology innovations to increase insurance coverage among low-income consumers. Applications are to be submitted before 31st [...]NSE Equity Turnover drops 56% to KSh 270.8 Million
The Nairobi Securities Exchange(NSE) recorded a turnover of KSh 270.8 Million at the end of this Thursday's trading session, a drop of 54% compared to the previous day. This was [...]UAP Old Mutual, KICD Ink KSh 21 Million Financial Literacy Deal
Financial literacy is to be integrated into the newly launched competency-based curriculum dubbed Learn. Think. Do. This is through a KSh 21 Million partnership between UAP Old Mutual Group and [...]
