Fuel Consumption Up by 13% After Relaxation of Covid Restrictions
Fuel sales rose by 13% in June following the relaxation of Covid19 restrictions. Fuel dealers sold 144 million liters of super petrol and 187 million liters of diesel in the [...]
FKE Appoints Habil Olaka as President
The Federation of Kenyan Employers (FKE), during its recently held 61st Annual General Meeting (AGM), appointed Mr. Habil Olaka as its president, effective immediately,for a period of two years. Habil [...]Naivas Receives KSh 6 Billion From Sale of 30% Stake
Naivas is reported to have received KSh 6 Billion from the sale of 30% ownership of its company to international investors including French Private Equity Fund Amethis, International Finance Corporation, [...]
Interview; Unpacking the US-Kenya Free Trade Agreement
Following the ongoing negotiations trade negotiations between the United States and Kenya, The Kenyan Wallstreet interviewed American Chambers of Commerce (AMCHAM) Kenya CEO Maxwell Okello on what this historic Free [...]
Half-year earnings to influence activities at NSE
Investors will this week be glued onto the half-year results as they flow in, beginning this week. The idea is to get a better view of what to expect when [...]
High Domestic Borrowing in July as CBK Collects KSh275.9 Billion
High domestic borrowing has marked the first month of the fiscal year 2020/21 with the government collecting Ksh275.935 billion through treasury bonds and bills. Treasury Bonds and Bills Floated in [...]
Kenya Exempts More Countries from Quarantine List
Kenya has added more countries to the list of countries from which travelers will be exempted from the mandatory quarantine upon arrival. The list, which earlier included only Canada, South [...]Pandemic triggers outflow of KSh 10.2 Billion from NSE in Q2, 2020
Foreign investors took out KSh 10.2 Billion from the Nairobi Securities Exchange (NSE) between April and June this year. This outflow is compared to an inflow from foreign investors into [...]Tanzania Bars KQ from its Airports
The Tanzania Civil Aviation Authority (TCAA) has issued a statement nullifying its approval for the Kenya Airways (KQ) flights between Nairobi and Dar es Salaam, Kilimanjaro and Zanzibar with effect [...]Swiss International Hotels Folds KSh 7 Billion Mount Kenya Plan
A proposal by Swiss International Hotels and Resorts to put up an exclusive resort in Naro Moru, Nyeri County, has been abandoned. The decision follows disruptions caused to the global [...]Nation Media Eyes Fresh Revenue Streams in its Latest Digital Brand
The Nation Media Group has launched its digital brand Nation.Africa as part of its digital transformation. The new platform will enable the media group to deliver news across mobile channels. [...]Kenya's July Inflation Falls to 4.36%
Kenya's July inflation rate fell to 4.36%, a low lastly witnessed in September 2019. The drop is attributed to lower prices of food and housing. Food prices and the price [...]
