Why Kenyans are Trading and Investing in Bitcoin on Peer-to-Peer Exchanges
Interest in cryptocurrencies, especially Bitcoin, has been surging in Kenya in recent years. The country has witnessed tremendous growth in the use and trading of Bitcoin alongside other countries in [...]
Safaricom Cuts M-Pesa Send Money Transaction Charges by 45%
Safaricom announced that it is cutting M-pesa transaction fees for sending money by 45% for low-value transaction bands. The new tariffs will be effective 1st January 2021. Company CEO Peter [...]Safaricom Plc sets eyes on Kenya's Money Market
Safaricom Plc, Kenya's leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. Safaricom Plc is in [...]
CBK shortens T-Bills Auction ahead of Christmas
The Central Bank of Kenya(CBK) has shortened the auction time this coming Thursday to 10 am from the usual 2 pm, 24th December 2020. This is due to the Christmas [...]4G Capital Celebrates 1 Millionth Loan for Small Enterprises
4G Capital Group celebrated its one-millionth micro-enterprise loan since the inception of the company. News of the milestone comes two months after the company announced a Ksh 285 million Strategic [...]How to Choose a Reliable Forex Broker
Like with any kind of trading, you need to take into consideration multiple factors at once, from all the finances, regulations, laws, there is also the issue of the market [...]Kenya Railways scales down intercity operations as festivities begin
Kenya Railways has notified the public that its Nairobi rail commuters will, from December 24, 2020, and January 3, 2021, do without the rail services as the end-year festive season [...]NSE daily turnover drops 52% to KSh 149.3 Million
The Nairobi Securities Exchange(NSE) recorded a 52% decline in turnover to KSh 149.28 Million. This is compared to KSh 311.2 Million posted when trading ended at the bourse on Friday [...]KTDA Declared Dividends Jump by 15% to Ksh 734 Million
The Kenya Tea Development Agency (KTDA) declared Ksh 734 million in dividends for tea farmers for the period ended 30 June 2020. This is a 15% increase from the previous [...]Kenya's National Oil Seeks KSh 7.5 Billion Cash Bailout
Technically insolvent National Oil Corporation of Kenya (NOCK) requires a cash injection of KSh 7.5 Billion to keep running for another year. According to a report by Leadwood Energy and [...]Treasury releases KSh 37.5 Billion to Nairobi County as new boss takes over
Treasury has finally released KSh 37.5 Billion to the County Government of Nairobi, providing relief to city dwellers who have been without critical services for months. This follows the appointment [...]Homeboyz Entertainment Listing; Key Takeaways Investors Need To Know
Homeboyz Entertainment on Monday listed 63.2 Million ordinary shares of a par value share KES 0.50 each on the Nairobi Securities Exchange following relevant regulatory approvals. The entertainment company is [...]
