Kenya's Horticulture Exports Earnings Jump to KSh39.4 Billion in Q1 2021
The value of Kenya's horticulture exports rose sharply in the first quarter of this year as economic activity slowly recovered from the pandemic downturn. According to data from the Central [...]
Moyale One-Stop Border Post Starts Operations
The Kenya-Ethiopia One-Stop Border Post (OSBP) at Moyale has started operations, following its official launch in December 2020 by President Uhuru Kenyatta and Abiy Ahmed, the Ethiopian Prime Minister. The [...]
Crown Paints Net Earnings Rise 85% to KSh 599.5 Million
Crown Paints Kenya Plc Net earnings improved to KSh 599.5 Million at the close of the financial year ending 31st December 2020 from KSh 323 Million over the same period [...]
Equity Group Plc is Top Mover At the NSE
Equity Group Plc was the day's prime mover when trading ended at the Nairobi Securities Exchange(NSE) this Tuesday, June 8th 2021, replacing Safaricom which has been the most dominant and [...]Safaricom to Create Highest Quality Network in Ethiopia
Safaricom is betting on creating the highest quality network in Ethiopia to beat the competition in its new market. The company which recently won the bid for a telecommunications license [...]StanChart to Offer Mobile Personal Loans to Customers
StanChart Bank Kenya(SCBK) has joined other lenders in offering a Mobile Loan App that allows customers to access personal loans. The UK-based lender's entry has increased competition in the mobile [...]KBL eyes low-end Drinkers with New KSh 1 Billion Bottling Line
Kenya Breweries Limited(KBL) is set to make a fresh stab at the low-end alcohol market with an additional new spirits production line worth KSh 1 Billion. This follows growing competition [...]CBK re-opens Sale of T-Bonds to Raise KSh 30 Billion
The Central Bank of Kenya(CBK) has re-opened two 20-year Fixed-Coupon Treasury Bonds in June 2021, seeking KSh30 Billion from the domestic money market for budgetary support. According to the prospectus [...]Kenya's Business Activity Improves in May
Kenya's private sector activity picked up momentum in May after months of slow growth. The Stanbic Bank Kenya Purchasing Managers Index (PMI), which measures the level of business activity in [...]Globe Roundabout Terminal to get Land through State Acquisition
Globe Roundabout Bus Terminal, an infrastructure project proposed by Nairobi Metropolitan Services to decongest the city, will get land measuring 2.9566 hectares once the Kenya Government acquires parcels of land [...]Kenya's Domestic Debt Rises to KSh3.67 Trillion at End of May
Kenya's domestic debt rose to a record high of KSh3.67 trillion on 28th May 2021 from KSh3.63 trillion on 30th April 2021 according to data from the Central Bank of [...]Tea Auction Records Slight Decrease in Prices
Theweekly MombasaTea Auction held on 31st May and 2nd June 2021 had 12.9 million kilograms of tea offered for sale. The amount on offer increased from 12.3 million kilograms for [...]
