CMA Gains Admission into the Prestigious Global Financial Innovation Network
Part of Capital Markets Authority’s strategic goals is to create a conducive environment for Fintech companies to innovate. This commitment has seen the authority gain admission into the coveted Global [...]
NIC Bank Opens New Branch in Zanzibar
National Industrial Credit (NIC) Bank has opened a new branch in Zanzibar at a time when the Bank has ventured on a merger deal with Commercial Bank of Africa (CBA), [...]
Press Release; ATOMEXPO-2019 to Feature Discussion on the Contribution of Nuclear Technologies to Sustainable Devt
Kenya and South Africa are among African countries expected at the 11th International Forum ATOMEXPO on April 15–16, 2019, in Russia’s southern city of Sochi. This year’s forum is dedicated [...]
Big Blow to Kenya Airways as Move to Take Over KAA Operations Halted by Legislators
Kenyan legislators have halted Kenya Airways plans to run the country’s largest airport through a takeover deal. During a session with official of Kenya Airport Authority, members of parliament in [...]CDC Group Opens Nairobi Office
In 2018, the UK government declared its commitment to increase trade ties with African countries, particularly Kenya. That commitment has been reaffirmed after the government’s development finance company, CDC, opened [...]How to become a successful forex trader in 2019
It is no surprise that Forex trading, a global market where all the world's currencies trade has gained traction among Kenyans over the recent years. A number of foreign companies have expressed interest in setting up local operations while the [...]Kenya Power Reports 16% Half Year Profit Slump
Kenya Power’s net profit dropped by Ksh470 million to reach Ksh2.46 billion in the half year period that ended in December 2018. This is attributed to rise in total expenses [...]KenGen Half Year Earnings Unchanged, No Dividend declared
KenGen registered a marginal growth of 0.7 per cent in net earnings for the half-year period ending December 2018. Its profit after tax for the period was Ksh4.124 billion compared [...]Legislator Proposes Payment Within 30 Days for Govt Suppliers
A Kenyan legislator is seeking to have the Public Procurement and Disposal Act amended to include a prompt payments clause. The legislator aims to have procurement officials pay for goods [...]CMA Enters into a Consent with KenolKobil's Ohana as Insider Trading Proceedings Gather Steam
Capital Markets Authority has said it has entered into a consent with David Ohana, the Kenol Kobil’s Chief Executive in connection with insider trading investigations at Nairobi’s Chief Magistrate’s Court. [...]Kenol Kobil shares suspended from trading on Rubis Energie takeover
The Capital Markets Authority of Kenya has issued instructions suspending any trading activity of Kenol Kobil shares at the bourse. The suspension follows the company’s takeover by Rubis Energie. Kenol [...]Sasini Plc Appoints Martin Ochieng as its Group MD
Sasini Plc says it has settled on Martin R Ochien’g as its Group Managing Director after Stephen Maina Githiga notified its board he will not be renewing his current two [...]
