The Zaria Village Starts Coming to Life
Located in Kiambu County, The Zaria Village was unveiled in September 2019 by the Safaricom Investment Co-operative (SIC), with an objective of empowering prospective investors and clients by availing the [...]
Weekly turnover at NSE declines to KSh 1.5 Billion
Activity at the Nairobi Securities Exchange(NSE) was generally lower at the close of the week ended Friday, 2nd October 2020 with the turnover declining by 55.7% to KSh1.5Billion. This is [...]
Net Assets of Online Forex Dealers Hit KSh234.3 Million
The net assets base of online forex dealers was KSh 234.27 Million as at 31st May 2020. This is compared to KSh 5.3 Billion held by fund managers, KSh 971.3 [...]CBK Records an End-Year Surplus of KSh41.5 Billion
The Central Bank of Kenya(CBK) recorded a net surplus of KSh 41.5 Billion compared to KSh 26.1 Billion in the financial year ended 30 June 2020. According to its financial [...]Prices Continue to Fall at Weekly Tea Auction
The weekly Mombasa Tea Auction held on the 28th, 29th and 30th September 2020 recorded 8.8 million kilograms offered for sale. The amount on offer recorded a decrease from 9.1 million kilograms [...]NSE Weekly turnover declined by 26.7% to KSh 1.1 Billion
Activity continued to decline at the Nairobi Securities Exchange(NSE) for a second straight week. Weekly turnover declined by 26.7% to KSh 1.1 Billion from the KSh 1.5 Billion transacted the [...]NSE Records a Turnover of KSh 237.4 Million
Equity turnover at the Nairobi Securities Exchange (NSE) edged up to KSh 237.44 Million when trading at the bourse closed this Friday, 2nd October 2020. This is compared to a [...]Petrol Price Rises by KSh 1.12 After KRA Adjusts Excise Duty Upwards
Motorists will pay Ksh 106.55 for a litre of super petrol, up from Ksh 105.43 for the period between October 3 to 14th, after the Energy Petroleum Regulatory Authority (EPRA) [...]Kenya's Insurance Sector Net Profit Hits KSh 15.1 Billion
The Net Profit of Kenya's insurance industry grew by 108.0% to KSh 15.12 Billion at the end of 2019, boosted by an increase in the sector's investment income. This is [...]CBK Raises KSh 10.7 Billion from Treasury Bill Auction
The Central Bank of Kenya (CBK) raised KSh 10.698 Billion from this week's Treasury Bills Auction out of the targeted KSh 24 Billion, representing a performance rate of 64.9%. This [...]Absa Kenya Appoints Fulvio Tonelli as a Non-executive Director
The board of Absa bank Kenya has appointed Fulvio Tonelli to join the firm as a non-executive director with effect from 1st October 2020. Fulvio is a highly skilled auditor [...]
WPP ScanGroup Investors Ratify Special Interim Dividend of KSh3.5 Billion
WPP Scangroup shareholders ratified the special interim dividend of Ksh3.458 billion on 432,155,985 shares at Ksh8 per share during the firm's AGM held on Wednesday 30th September 2020. The dividend [...]
