NSE Shifts From Manually Processing Bond Orders with New System
The Nairobi Securities Exchange (NSE) has successfully integrated its bond trading system with the Refinitiv Fixed Income Callouts application, a flexible trading platform that is secure, transparent and allows for [...]
BOC Kenya Board dithers as clock ticks on Carbacid Deal
BOC Kenya Board has failed to issue an opinion on whether or not to accept the Carbacid takeover bid. This is even after Dyer and Blair Investment Bank, hired by [...]
Digital Taxi Drivers in Kenya Demand Worker Rights
Digital taxi drivers in Kenya are seeking to be recognized as employees rather than contractual workers. The move has been inspired by the recent UK court ruling that granted Uber [...]EAPCC to hold virtual AGM next month
East African Portland Cement Company(EAPCC) has issued a notice to its shareholders concerning plans to hold a virtual 88th Annual General Meeting (AGM) on Thursday, March 11, 2021, at 11.00 [...]CBK collects KSh 28.8 Billion from Weekly T- Bills Auction, 124.9% oversubscription
The Central Bank of Kenya received bids worth KSh 29.97 Billion from the Weekly Treasury Bills Auction from the KSh 24 Billion offered, an oversubscription of 124.91%. Bids worth KSh [...]Kenya UK Trade Pact Births Duty-Free British Products
The Kenya UK trade pact has opened doors for British firms to ship in goods, duty-free, for 25 years. The goods, both finished and unfinished, exclude agricultural and industrial [...]
Prices Continue to Increase at Weekly Tea Auction; Hit $1.96
Theweekly MombasaTea Auction held on the 15th, 16th, and 17th February 2021 had 14.1 million kilograms of tea offered for sale. The amount on offer increased from 13.4 million kilograms [...]Kenya Foreign Remittances in January Climb 7.3% From Year Ago
Foreign remittances are a key source of income for many low-income households in Kenya. Kenyans living abroad sent home $278.4 million in January 2021, a 7.3% improvement from the $259.4 [...]Kenya Airways resumes Cargo flights to New Delhi
Kenya Airways (KQ) Cargo has resumed direct freighter flights between Nairobi and New Delhi. The national carrier's first uplift from New Dehli included pharma, machinery, and general merchandise. We are [...]WPP Scangroup Shares Touch Record Low After Suspension of Founder CEO Bharat Thakrar
Shares of WPP Scangroup on Friday's session fell to a new record low of Ksh 5.36 at the Nairobi Securities Exchange after the company's board kicked out Founder Chief [...]Chinese Imports to Kenya Decline to KSh361.5 Billion
China is the largest importer of goods into Kenya. In the past year, the value of imports from China fell by KSh15 billion to KSh361.5 billion from KSh376.7 billion in [...]Facebook Restricts Reading and Sharing of News For Australian Users
Facebook has restricted the reading and sharing of news articles for Australian users on the platform, following proposed legislation requiring tech giants to pay for news content worldwide. The company's blog says [...]
