Jubilee Holdings to Pay KSh579.8 M Final Dividend
Jubilee Holdings announced a final dividend of Ksh 579.8 million for the financial year ended December 2019. The Insurer will maintain a Ksh 8 final dividend per share despite a [...]
Huawei Trains students for next-generation technology 5G
Today Huawei Kenya concluded 6 days of 5G training online for over 240 university students from 13 Universities around the country including University of Nairobi, JKUAT, Strathmore and Zetech University [...]NSE Turnover Dips 58% to KSh 446 Million
Trading on Thursday at Nairobi Securities Exchange saw a turnover of Ksh 446.89 million in 1,062 deals. A total of 17.04 million shares were traded. Safaricom moved 7.2 million shares [...]AfDB Approves $288M Loan to South Africa
The African Development Bank (AfDB) has approved a R5 billion ($288 million) loan to the government of South Africa, as the country battles one of the largest COVID-19 caseloads in [...]
Phase 1 of Konza Technopolis Data Center Complete
Phase 1 of the National Data Center at the Konza Technopolis has been completed, with plans of rolling out services underway. Huawei was picked as the contractor for Phase 1, [...]Motor Vehicle Sales Rise to 762 Units in June
New data from the KMIA (Kenya Motor Industry Association) shows that motor vehicle sales rose to 762 units in June, an improvement from 568 units in May, the lowest so [...]USAID Vital Capital Partner to Finance Agribusiness in Kenya
(USAID) US Agency for International Development's Kenya Investment Mechanism (KIM) and Vital Capital have partnered to provide funding to Kenyan agri-businesses that have been affected by the global COVID-19 pandemic. [...]ICT Advisory Committee Calls For Innovations on Impact of COVID-19
Kenya's COVID-19 ICT advisory Committee has opened applications from local innovators to submit innovations that address the impact of the pandemic in the country. The committee invites applicants to focus [...]CBK's KSh 60 Billion Treasury Bond Auction Oversubscribed
This month, the Central Bank of Kenya(CBK) received bids worth KSh 181.8 Billion for the re-opened 5, 10 and 15-year Treasury Bonds, a subscription rate of 302.95%. CBK offered KSh [...]
NSE Turnover Surpasses KSh 1 Billion
Turnover at the Nairobi Securities Exchange rose slightly to Ksh 1.07 Billion. A total of 38.78 million shares were traded in 1,113 deals. Top mover of the day was Safaricom [...]Kenya Shilling plunges to a new low of 108.20 against the US Dollar
The Kenya Shilling continues to weaken against the US Dollar after touching a new record low of 108.20 on Wednesday's trading session. The shilling had hit another record low of [...]George Ototo re-elected to World Council of Credit Unions' Board
The World Council of Credit Unions’ (WOCCU) Board of Directors has re-elected Mr. George Ototo as a director of the 14-member body for another two-year term. Mr Ototo is the [...]
