NSE eyes more investors with a new digital learning academy
The Nairobi Securities Exchange(NSE) has launched a premium digital learning platform called the NSE Digital Academy. The NSE Digital Academy will offer online classes to help investors learn more about [...]
NSE turnover declines 25% to KSh 324.02 Million
Turnover at the Nairobi Securities Exchange(NSE) fell to KSh 324.02 Million when trading closed on Wednesday, 25th November 2020. This was on a volume of 12.34 Million in 678 deals. [...]DOB Equity Invests in Victory Farms, East Africa's Largest Fish Farmer
Private Equity Firm DOB Equity has invested in Victory Farms to expand its reach in the Kenyan market and ramp up production capacity. The investment allows DOB equity to tap [...]
Nation Media Group enters podcasting space
Nation Media Group (NMG), the leading publishing house in the Eastern Africa region, has entered the podcast space as competition in the media industry heats up. Nation Africa digital brand [...]Safaricom, Vodacom Joint M-Pesa Platform Monthly Transactions Hit KSh2.25 Trillion
A joint cash transfer platform operated by South Africa's Vodacom Group and Safaricom Plc has recorded a surge in the six months ending 30th September 2020. According to the Vodacom [...]Government to Spend KSh3.2 Billion to Fight 2nd Wave of Locusts Invasion
The Government of Kenya and the Food and Agriculture Organization (FAO) have set aside KSh3.2 billion to fight the second wave of the desert locusts invasion in the country. According [...]Kenya Negotiating $2.3 Billion Loan from IMF for Post-Pandemic Recovery
The International Monetary Fund(IMF) is considering a request by Kenya for a US$ 2.3 billion loan to assist it to cope with the negative effects of coronavirus pandemic. Discussions are [...]Jiwe Studios Opens Doors with New African Game
Game development is undergoing a renaissance in Africa. A new game development studio, Jiwe Studios, has been opened in Nairobi, Kenya. Its first game USONI, to be released on Friday, [...]Ex-Deloitte Executive Samuel Onyango Joins Equity Bank Board
Equity Bank Kenya Limited has appointed Samuel Onyango as a non-executive director. Speaking on his appointment, Equity Bank Kenya Limited (EBKL) Chairperson Erastus Mwencha said the new independent director will [...]East African Cables Issues Profit Alert
East African cables Plc says that the projected earnings for the group for the year ending 31st December 2020 may fall by more than 25% compared to the earnings recorded [...]
DTB Posts 28% Drop in Q3 Net Profit to KSh4.3 Billion
Diamond Trust Bank has reported a 28% y.o.y drop in net profit in the nine months that ended on 30th September to KSh 4.3 billion. The drop was largely driven [...]Solar Workstations from Nigeria Making Waves
Solar Workstations
