NSE turnover rises 67% to KSh 773.02 Million
Nairobi Securities Exchange (NSE) recorded a turnover of KSh 773.02 Million when trading closed on Friday, 15th January, 2021. Data shows that this performance is a 67% rise in turnover [...]
Weekly Tea Auction Records an Increase in Prices
Theweekly MombasaTea Auction held on the 11th, 12th, and 13th January 2021 had 11.2 million kilograms of tea offered for sale. The amount on offer decreased from 11.6 million kilograms [...]
CBK Aims to Increase Remittances into Kenya with First-ever Diaspora Remittances Survey
The Central Bank of Kenya has announced that it will conduct the first-ever diaspora remittances survey in February and March this year, in partnership with the Kenya National Bureau of [...]
IMF Nears Financial Support Agreement with Kenya
The International Monetary Fund (IMF) has indicated its plans to present Kenya's request for funding, to its board in early 2021. This follows an agreement made in many areas including [...]Kenya's Current Account Deficit Narrows to 4.7%
Kenya's current account deficit narrowed to 4.7% of the GDP at the end of November 2020, from 5.4% of the GDP a year earlier according to provisional data from the [...]Gituku Kirika Joins IPSL as New Chief Executive.
Integrated Payment Services Limited (IPSL)has appointed Gituku Kirika as the new Chief Executive Officer. Gituku takes over fromAgnes Gathaiya, who is now the New Director for Google East Africa. Gituku [...]CBK Revokes License of Legacy Forex Bureau
The Central Bank of Kenya (CBK) has revoked the license of Legacy Forex Bureau. In a Gazette Notice No. 101, the Government's fiscal agent has taken this action under section [...]Super Petrol Prices Rise to Ksh 106.99 in January EPRA Review
Super Petrol will retail at Ksh 106.99 for the next 30 days, following an increase in pump prices in the latest Energy Petroleum regulatory Authority (EPRA) review. Diesel will [...]ICEA Lion Sees Kenya's Stock Market Moving Up in 2021
Rich pickings at the NSE in 2021 In its brief note to clients, ICEA Lion Asset Management says Banks would be the most attractive at the Nairobi Securities Exchange (NSE) [...]NSE turnover rises 85% to KSh 462.9 Million
Nairobi Securities Exchange (NSE) had a turnover of KSh 462.95 Million when trading ended this Thursday, 14th January 2021. This turnover is compared to KSh 248.9 Million on the day [...]NSE turnover drops 39% to KSh 248.9 Million
The Nairobi Securities Exchange (NSE) recorded a 39% decline in turnover to KSh 248.9 Million when trading ended today 13th January 2021. This was on a volume of 8,476,600 shares [...]Moody's Maintains Negative Outlook on Sub Saharan African Economies
Global rating agency Moody's has maintained a negative outlook on Sub Saharan African economies according to a research report released by the company today. The negative outlook is based on [...]
