Study finds no evidence to support property bubble in Kenya
In the past few years, there have been debates whether the real estate sector in Kenya is in a bubble. Some of the factors that support this argument are; a [...]
Airtel –Telkom merger still on course
The merger process between the two Kenyan mobile operators Airtel and Telkom is on course. Last week, Telkom Kenya revealed plans to move its assets from its head office in [...]World Bank picks new President
David Malpass is the new World Bank President. He was unanimously appointed to the top position by the bank’s board of directors. Notably, he was also Trump’s pick for the [...]KCB to take over operations at 5 Imperial Bank branches
The Central Bank of Kenya, alongside Kenya Deposit Insurance Corporation have agreed to KCB’s offer to take over five branches of Imperial Bank. According to a joint statement by CBK [...]PayPal to cut links with Essay writing companies
PayPal, the international money transfer company has vowed to withdraw its services from companies involved in academic cheating. The announcement came after UK’s Education Secretary Mr. Damian Hinds urged PayPal [...]Liquid Telecom Kenya Partners with Nokia to Upgrade Fibre Network
Liquid Telecom Kenya and Nokia have signed a two-year partnership to upgrade their existing fibre network that will support OTN/DWDM technology with an initial network capacity of 500G. In a [...]
Kenya's CyberSecurity Threats Increases by 167% CAK
According to the latest quarterly report by the Communication Authority of Kenya covering the period between October and December 2018, cybersecurity threats in the country increased by 167% to 10.2 [...]EABL Director Paul Gallagher Resigns
East African Breweries Limited has announced the resignation of Paul Gallagher as a non-executive director effective 31st March 2019. In a statement, Group Chairman Charles Munene said that Mr Gallagher [...]83% of Kenyans have access to formal financial services Report
About 83 percent of Kenyan adults have access to formal financial services while only 11percent are excluded from such services. These details emerged from the 2019 FinAccess household survey conducted [...]
Banking Stocks best performers at the NSE in Q1 2019
A recent report by Faida Investment Bank shows that Banking stocks were among the best performing counters at the NSE in the first quarter of the year. The sector's average [...]Kenya's Active Mobile Money Subscribers hits 31.6 Million
A recent report released by the Communication Authority of Kenya covering October to December 2018 showed that the number of total active mobile money subscriptions were at 31.6 million while [...]Kestrel CEO Andre DeSimone resigns amid Kenol Kobil insider trading probe
Mr Andre DeSimone, the Chief Executive officer of Kenya's largest stockbroking firm, Kestrel Capital, has resigned from his position just a few months after he was accused of insider dealing [...]
