Kenya to host Facebook's First Content Review Centre in sub-Saharan Africa
Facebook has chosen Kenya as the first country in sub-Saharan Africa to host a content review centre which is aimed at boosting its investment across the continent and at the [...]
Kenol Kobil Was The Most Liquid Company at the NSE in 2018
Kenol Kobil stock registered the highest liquidity at the NSE in the past year. The energy company had a liquidity ratio of 58.4%. Most trading of the stock occurred in [...]
Kenya's Debt Unsustainable AfDB
Kenya’s public debt threatens the health of its economy, says African Economic Outlook 2019. At 57 per cent to the country’s GDP, Kenya crossed the Ksh5 trillion credit in June [...]
Dar Bourse Extends Trading Hours to Boost Activity
The Dar es Salaam Stock exchange has extended its trading time by an hour. It usually operated from 10am to 3pm but will now run from 10am to 4pm starting [...]Capital markets 2018 Q4 performance
In the last quarter of 2018, the capital markets registered improved activity in the bond market compared to the last quarter of 2017. This is based on CMA’s Quarterly Statistical [...]Treasury to Float M-Akiba in March
The Kenyan government bond sold through mobile phone, M-Akiba, will be floated in March. It was initially launched in 2017, but failed to capture the market, raising Ksh247.8 million from [...]A Kenyan Share-Ride Client' has Ordered $1M Electric Motorcycles from US-Based Firm
A Kenyan ‘shared-ride client’ has ordered $1 million electric bikes from US-based ReVolt Electric Motorbikes, subject to a pilot test. ReVolt Electric Motorbikes is a new company conceived by Alternet [...]CAK Approves Acquisition of Nova Academies by SA-based Summit Real Estate Pty
The Competition Authority of Kenya has approved the acquisition of Nova Academies Tatu City Property Limited by Summit Real Estate Proprietary Limited . Summit is incorporated as a real estate [...]Listed Companies Score Highly on Corporate Governance CMA
The Capital Markets Authority has released its findings on the state of corporate governance for 56 listed companies. It is the first report of its kind since the Code of [...]Standard Chartered Bank Pleads Guilty to Manipulation of the Rand
Standard Chartered Bank has pleaded guilty to currency manipulation of the South African Rand between 2007 and 2013, the Competition Commission has confirmed. In a Press statement, the commission confirmed [...]Raddison Hotel's Arboretum Outlet to Open in September
Radisson Hotel has confirmed that its Arboretum outlet (houses and apartments) will be opened it September a year after it had been marred with construction delays. Senior vice president development [...]Investment Bank Issues Sell Recommendation for NMG
Analysts at Faida Investment Bank recommend a sell for the Nation Media Group stock. The share has lost 5.3 per cent of its value since the start of 2019 and [...]
