DTB Unveils KSh1.6 Billion in Aid for MSMEs
Diamond Trust Bank (DTB) has unveiled aKSh1.6 billionadvance aid to aid Micro, Small and Medium Enterprises (MSMEs), a move that seeks to ease harsh economic conditions presented by the COVID-19 [...]
Can the Gamestop Situation Happen in Kenya?
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer and has one of the most widespread video game shops in the US. The company experienced a [...]
KQ Slashes Frequency of Flights to New York to One Weekly
Kenya Airways (KQ) has slashed the frequency of its flights to New York from two to one weekly, citing a slump in demand since resuming operations on the route on [...]Kenya's Prof. Catherine Ngila Among 5 Women Researchers Globally Crowned as 2021 L’Oréal-UNESCO Laureates
Professor Catherine Ngila is among the five women researchers globally to receive the L’Oréal-UNESCO For Women in Science International Awards. Catherine Ngila was named the 2021 Laureate for Africa and [...]Market Report; 16 February, 2021
At the end of today's trading session on the Nairobi Securities Exchange(NSE) A total of 15,382,300 shares in 1,021 deals, corresponding to a market value of KES 517,521,901.00, were traded. [...]
British Parliament Delays Ratification for UK-Kenya Trade Deal Citing Concerns on EAC Relations
British legislators have extended the scrutiny period for the UK-Kenya trade deal by 21 sitting days. The International Agreements Committee called for the government to extend the scrutiny period, during [...]Investments Financial Analysts’ Body Introduces New Requirements
The Institute of Certified Investments and Financial Analysts (ICIFA) has announced a few amendments to the Investment and Financial Analysts Act No. 13 of 2015. ICIFA is the professional body [...]
Kenya in Quest for $2.27 Billion Eurobond
Kenya is in a quest for a KSh123.5 billion Eurobond, marking a shift back to foreign debt. The East African nation intends to raise KSh123.8 billion ($1.13 billion) in sovereign [...]IMF Kenya Agree on KSh 262.5 Billion Financing Package
The International Monetary Fund (IMF) and Kenya have agreed on a three-year, KSh262.5 billion ($2.4 billion) loan to assist Kenya in its response to the covid19 pandemic and to put [...]Kenya Set to Earn KSh164 Billion E-commerce Revenue in 2021
Digital platforms and e-commerce businesses have been on the rise in Kenya. The country is projected to earn as much as KSh164 billion ($1.5 billion) from e-commerce in 2021 according [...]Equity Bank Unveils New DRC Identity after BCDC Acquisition
Equity Banque Commercial du Congo (Equity BCDC) on Thursday launched its new identity following the successfulmerger of Equity Bank Congo(EBC) and Banque Commerciale du Congo (BCDC), to form Equity BCDC. [...]Kenya Foreign Exchange Reserves Increase to $7.64 Billion
Kenya's foreign exchange reserves increased by $21 million to reach $7.638 billion in the week that ended on 12th February 2021. Despite the jump, the reserves remain at relatively low [...]
