Kenya raises $2.1 Billion in 3rd Eurobond issue
LISTEN TO ARTICLE The Kenyan government has managed to raise $2.1 billion (Ksh 210 billion) of debt from the sale of its third dollar-denominated Eurobond in the European capital markets [...]
Guest Post; Kenya Economic Outlook 2019
By Vipul Shah, Chairman Founder, Grant Thornton Kenya Kenya has continuously stood out as the place to invest in in Sub Saharan Africa in spite of the challenges that [...]Businessman fined Sh 208M and banned for trying to rig Kenyan bond market
The Capital Markets Authority (CMA) has fined Nairobi businessman Mr. Rodrick Muhoro Sh 208 Million and banned him from the industry for 10 years for deliberately the price of government [...]Homeboyz Entertainment joins NSE Ibuka program
Homeboyz entertainment is the tenth company to join the Nairobi Securities Exchange incubation program. NSE’s Ibuka is a ten-month program where small and medium-sized companies are prepared for possible listing [...]
Microsoft Sets up Sh100B African Development Centre in Nairobi and Lagos
LISTEN TO ARTICLE Microsoft has invested in a $100 million Africa Development Centre (ADC) in Nairobi and another site in Lagos which will be a hub of Microsoft engineers to [...]
Jumia Kenya set to launch payments platform as 3rd party sellers hit 25,000
In a recent interview with Kenyan Wallstreet, Jumia Kenya Managing Director Sam Chappatte said Kenya is one of the three countries whereby they will piloting its third-party payment solution Jumia Pay which [...]KTDA inks Sh 3.5 billion financing deal with Stanchart
The Kenya Tea Development Agency (KTDA) has signed a Sh 3.5 billion financing deal with Standard Chartered Bank Kenya. The loan will be used for the purchase of 95,000 metric [...]MPs Suspend Gov't Plans to Limit Age of Imported Used Cars
Members of Parliament have thwarted the plans to implement a policy seeking to limit the age of imported used cars in the country The parliamentary committee on Trade said that [...]Crown Paints net profit declines by 17.7% to Sh184 million
At the start of the year, the paints manufacturer Crown Paints issued a profit alert signaling a profit decline of more than 25 percent in the 2018 full year results. [...]CMA licenses Jubilee to operate as a fund manager
Capital Markets Authority (CMA) has approved the grant of a license toJubilee Financial Services Limited to operate as a fund manager having met all requirements. The grant of the license [...]Kenya to sign employment agreements with three Middle East countries
Kenya is in talks with three countries in the Middle East to establish bilateral labor agreements. The discussions are aimed at creating work opportunities for the many unemployed Kenyans. The [...]Gov't Allocates Sh 200B to Address Nairobi Traffic Jam
The Government has set aside Kshs200 billion for projects that are meant to reduce traffic congestion in Nairobi area, Transport Cabinet Secretary, James Macharia said If completed, Mr Macharia said [...]
