NSE Daily Turnover rises 95% to KSh 770.6 Million
Nairobi Securities Exchange(NSE) recorded a 95% increase in turnover to KSh 770.6 Million when trading ended Tuesday, April 13, 2021. This is on a total volume of 15,035,600 shares exchanging [...]
CBK March Survey shows Strong Growth Prospects in 2021
A Central Bank of Kenya(CBK) Survey undertaken in March 2021 showed higher growth prospects for local companies and sectors over the next 12 months. It is still unclear if this [...]Government Suspends New Developments Around Konza City for 90 Days
The county governments of Machakos, Makueni and Kajiado are in the process of creating guidelines and standards for regulation of land use and general development within the Konza technopolis. As a [...]
Beauty e-commerce firm announces intention to list on the Nairobi Bourse
Africanhair PLC, a beauty e-commerce company trading under the brand BeautyClick, says it plans to raise new equity by listing at the Nairobi Securities Exchange. Founded in 2016 by Danish [...]
Family Bank to Disburse KSh 500 Million to Agri-businesses
Family Bank has committed to disburse KSh 500 Million to agri-businesses in the next one year. The partnership deal between the lender and the United States Agency for International Development(USAID) [...]BAT Kenya Shareholders to approve KSh 4.5 Billion Dividend Payout
British American Tobacco(BAT) Kenya Plc shareholders are expected to approve a final dividend of KSh 41.50 per ordinary share, or a total of KSh 4.5 Billion- to be paid on [...]Kenya's Forex Reserves Climb to Highest Level Since February
Kenya's foreign exchange reserves rose to the highest level in nearly two months, supported by increased foreign currency inflows, according to data released by the Central Bank. The reserves climbed [...]NSE Weekly Turnover Declines 35.3% to KSh 2.06 Billion
The Nairobi Securities Exchange(NSE) Weekly turnover fell by 35.26% to KSh 2.06 Billion. This is compared to KSh 3.18 Billion transacted the previous week. This subdued performance is attributed to [...]Oil Prices Gain, as Fed Jerome Powell Points to Economic Growth
Oil prices edged higheron Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in some regions. In contrast, a rising dollar reduced the [...]
Sameer Africa's Profit Climbs to KSh43 Million after KSh1.1 Billion Loss in 2019
Sameer Africa, one of the largest tyre manufacturers in East Africa, reported a KSh43 million net profit at the end of December 2020, a remarkable improvement from the KSh1.1 billion [...]Kenya's Flower Exports Recover to 97% CBK
The demand for Kenya's flowers in the export market has recovered to 97 per cent, boosted by spending during the valentine’s period, this is according to a survey on flower [...]
Tea Auction Records a Stagnation in Prices
Theweekly MombasaTea Auction held on 6th, 7th, and 8th April 2021 had 12.6 million kilograms of tea offered for sale. The amount on offer was the same when compared to [...]
