NSE Turnover on Tuesday Fell by 73%
Trading yesterday saw a 73% decline in turnover from Monday's Ksh 1.47 Billion to Ksh 393 Million. A decline in volume was also experienced from 53.9 Million shares traded to [...]
NHIF Ends Comprehensive Cover for Civil Servants
The National Hospital Insurance Fund (NHIF) has terminated the comprehensive medical cover for civil servants, the police and prisons, with effect from 1st April 2020. According to Treasury CS, Ukur [...]Live feed; Kenya Govt, Banks, Announce Actions to Support Economy
The Kenyan Government through President Uhuru Kenyatta and Cabinet Secretary for Treasury will today as from 10.00 address the nation on the actions it will take to support the economy [...]
IM Holdings Appoints Rose Kinuthia to The Board
IM Holdings has appointed Ms. Rose Wanjiru Kinuthia as an independent member of its board with effect from 17th March 2020. She will be resourceful in providing risk management expertise [...]
Citi Issues Strong Buy Recommendation on Safaricom Stock
Telecommunication giant Safaricom on Monday announced that, for a period of 90 days starting on 17th March, it will not charge transfer fees for person to person transactions below KSh1,000. [...]Regulator reprimands Supermarket for price hikes on hand sanitizers
The Competition Authority of Kenya has ordered Cleanshelf Supermarket to refund customers who bought the tropical brand hand sanitizer. Investigations by the Authority established that tropical brand hand sanitizers retail [...]
Bolt To Provide Financing to Drivers in Africa
On his first visit to Kenya, Kenyan Wallstreet met up with Bolt CEO and Co-Founder, Markus Villig, to talk about Bolt's strategic shift across key markets in Africa and Europe. [...]
Anti-Money Laundering Rules Stay in Place
The Central Bank of Kenya (CBK) has insisted that anti-money laundering rules and safeguards against terrorism financing should be adhered to by banks and payment services companies. The declaration has [...]Airtel Removes Transaction Fees on all Mobile Money Transfers
Airtel Kenya has removed transaction fees on all its mobile money transfers in line with the government's directive of deepening mobile money usage so as to reduce the risk of [...]Jambojet Suspends Flights to Rwanda and Uganda
Budget airline, Jambojet, has suspended all its scheduled flights to and from Kigali, Rwanda and Entebbe, Uganda, following a decline in the number of international travellers, caused by the worldwide [...]Tuskys Partners with Sendy to Offer Home Deliveries
Supermarket chain, Tuskys, has partnered with delivery startup, Sendy, to enable it make door to door deliveries for its customers. The move seeks to help curd the worldwide coronavirus pandemic, [...]World Bank Commits KSh8 Billion to Help Kenya Combat COVID 19
The World Bank Group has pledged KSh8 billion ($80M) to the Kenyan government to combat COVID-19 and desert locusts. Kenya has so far confirmed three COVID-19 cases as of Sunday [...]
