Telkom- Airtel Joint Venture to Offer Enhanced Market Competition Citi
Telkom-Airtel joint venture, announced last week, is an incentive to enhanced market competition in the telecommunications marlet. “The combination of two small players with a combined subscriber share of 30%, [...]
KenGen to Increase Power Capacity at Ngong Wind farm by 10 MW
KenGen is planning to construct additional turbines at its Ngong wind farm that will increase power output by 10 megawatts. An environmental impact assessment study report KenGen filed with the [...]
Kenya, Rwanda Tanzania Among Africa's Most Attractive Investment Destinations in 2019 RMB
A new study by South Africa’s Rand Merchant Bank has ranked Kenya, Rwanda and Tanzania among Africa’s most attractive destinations in 2019 taking fifth, sixth and seventh positions respectively. The [...]Airtel and Telkom Announce Merger Plans
Telkom Kenya andAirtelhave released the official statement on their planned merger. The two mobile service providers have signed a binding agreement to merge their Kenyan operations in mobile, enterprise and [...]KBA to Support Govt as 5 Banks, Officials, Individuals and Entities Recommended for Money Laundering Charges by ODPP
Kenya Bankers Association says it will continue to support the government in fight against money laundering, as the Office of the Director of Public Prosecutions recommends for prosecution against five [...]Wanjiku Mugane Appointed Senior Advisor for AIIM
African Infrastructure Investment Managers has appointed Wanjiku Mugane as its senior advisor in Kenya. Ms Mugane will be working closely with the AIIM investment team, delivering market insights and supporting [...]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 [...]
