Stock Investing for Dummies: A Step-by-Step Guide
It’s important to always have a side hustle of some sort, and looking into stock investment is a great idea. Stock investing is popular since the creation of the stock [...]
Retail Investors Retreat From the NSE in Q1 2021
The Nairobi Securities Exchange (NSE) recorded a dip in the number of retail investors in the first quarter of this year, despite its best efforts to grow the list of [...]
Waterfront Karen Mall Not for Sale, says late Muguku's family
Waterfront Karen Mall Managing Director David Muguku, son to the late billionaire Nelson Muguku has denied media reports that this family property is up for sale. In a statement, Muguku [...]
Stanbic Investors to Receive KSh 1.5 Billion Dividend
Investors in Stanbic Holdings are set to receive a final dividend of KSh1.503 billion for the financial year 2020, equivalent to KSh3.80 for every ordinary share held. According to the [...]CBK Seeks KSh 30 Billion in Budget Support through T-Bonds Sale
The Central Bank of Kenya (CBK) has invited bids for re-opened 15-year Treasury Bonds and new 25- year Treasury Bonds, all worth a total of KSh 30 Billion. The purpose [...]NSE Daily Turnover Ups 6% to KSh 402 Million
The Nairobi Securities Exchange (NSE) recorded a turnover of KSh 402. 04 Million on a volume of 12.20 Million and 939 deals. This is compared to a total of 10,296,000 [...]CBK Partners With Italian Organization to Support Kenyan Fintechs
The Central Bank of Kenya (CBK) says it has signed an agreement with the Italian organization, E4Impact Foundation, to provide support to Kenyan financial technology start-ups. The partnership is part [...]Kenyan Edtech Startup Kidato raises US$1.4Million Seed for Online Classes
Kidato, an Online class for K-12 students in Africa, has announced that it has closed its US$1.4 Million seed investment. This effort has been backed by Y Combinator, a significant [...]Kenya's Central Bank spells Stiff jail terms, fines for Illegal Digital Moneylenders
The Central Bank of Kenya (Amendment) Bill 2021 seeks to regulate the digital money lending business and offer stiff penalties to rogue players in this space. This Bill has already [...]Safaricom Warns Investors to Exercise Caution as it Bids for Ethiopia Telco License
The leading telecommunications company in East Africa, Safaricom, has revealed its plan to make a formal bid for the Ethiopia Telco License. Safaricom is bidding for the highly coveted license [...]Carrefour Supermarkets Cleared of Abuse of Buyer Power by Tribunal
Carrefour Supermarkets has been cleared of accusations that it engaged in abuse of buyer power against Orchards Limited-a a limited liability firm primarily involved in the dairy processing business. This [...]KQ Signs Codeshare Agreement with Congo Airways
Kenya Airways (KQ) has signed a two-year codeshare agreement with Congo Airways, a move that seeks to create additional connectivity to the two airlines' networks. The agreement now enables KQ [...]
