KTDA Readmits Small Scale Tea Farmers in Bomet
Kenya Tea Development Agency (KTDA) has readmitted an estimated one thousand smallholder tea farmers back into Rorok Tea Factory in Bomet County. The farmers had been taking their tea to [...]
Suspension of Learning Triggers Longhorn Publishers Profit Warning
Longhorn Publishers Plc has issued a profit warning following the disruption of learning due to COVID-19. The publisher expects its full-year earnings for the year ending June 2020 to be [...]
Regulator issues guidelines on virtual AGMs
The Capital Markets Authority (CMA) has issued guidelines to Kenyan listed firms wishing to hold their Annual General Meetings (AGMs) via electronic platforms. This follows a Ministry of Health directive [...]
Foreign Investor Participation at NSE Increases to 66.2%
Trading on Monday at the Nairobi Securities Exchange saw a 29% decline in volume and 6% decline in turnover to Ksh. 656.4 Million compared to Friday's Ksh. 706.7 Million. Foreign [...]EU Gives KSh 7.8 Bn to Kenya to Fight Impacts of COVID-19 Pandemic
The European Union (EU) has given an additional KSh 7.8 billion to Kenya to help avert hunger and strengthen COVID-19 countermeasures. The fund will help mobilize resources to fight the [...]Kenya Shilling Gains Marginally Against International Currencies
Central Bank of Kenya weekly bulletin for the week ended June 5 shows that the Kenyan shilling made marginal gains against international currencies. The shilling exchanged at Ksh106.12 per US [...]Global Analysts Bullish on Safaricom's Mpesa Growth Prospects
The global pandemic has adversely affected most companies throughout the world. The short term impact is evident in the financial results being published and company announcements. Nonetheless, analysts and investors [...]
CIC Group Appoints Patrick Nyaga as its New CEO
The Board of CIC Insurance Group has announced the appointment of Mr Patrick Nyaga as the Group Chief Executive Officer with effect from 22nd June, 2020. Mr Nyaga, who, has [...]Genghis Capital EGM Securities announce partnership on Global Asset Classes
Genghis Capital, a Kenyan based stockbroker has announced the signing of a partnership with EGM Securities, Kenya’s first licensed online non-dealing forex broker. The partnership will allowGenghisto extend its offering [...]NSE Kenya Re-Launches Mobile App To Include Trading
The Nairobi Securities Exchange on Tuesday 9th June relaunched its Mobile Application with an aim to boost local investor participation in the stock market. The initiative dubbed Investing Goes Digital [...]Kitale Airstrip Embarks on a KSh221 Million Facelift
A project to expand the Kitale airstrip will start this month, looking to boost the rising demand for local travel. On Friday, Kenya Airports Authority (KAA) awarded a KSh221 million [...]KWS Enforces the Single-Use Plastic Ban
The Kenya Wildlife Service has enforced the plastic ban (single use) with effect from 5th June 2020, henceforth advocating the use of less polluting materials such as wooden, metallic, or [...]
