Central Bank Floats Sh 40Bn Treasury Bond
The Central Bank on behalf of the Government has invited bids for a 15-year Treasury bond worth Sh40 billion at a coupon rate of 12.750%. CBK said it would receive bids [...]
NSE Kenya Admitted to World Federation of Exchanges
World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has admitted six new members at the 58th General Assembly in Athens. Nairobi Securities Exchange (NSE) which [...]
Nairobi Ranked 6th Wealthiest City in Africa
Nairobi is the sixth wealthiest city in Africa according to a report by AfrAsia Bank Africa Wealth Report 2018. Nairobi’s wealth is valued at $54 billion compared to Johannesburg’s $276 [...]CMA's Literacy Program on Rights of Shareholders
Kenya's Capital Markets Authority this week took part in the annual World Investor Week 2018 and as part of its strategy to educate the public on the rights of shareholders which [...]Uchumi Gets Reprieve from Eviction Sale of Assets
Uchumi Supermarkets has received an injunction from the High Court against the eviction, sale of land holdings, and distress for rents pending the ruling of an insolvency petition by one [...]Facebook Introduces First Africa Fact-Checking Program in Kenya
Facebook has launched a third-party fact-checking program in Kenya to help people evaluate the accuracy of the news, halt the spread of misinformation, and improve the quality of news that [...]Equity Bank Among Top 1000 Banks In The World
Equity Bank has been listed among top 1000 banks in the word by the Banker Magazine at position 799 globally with $848 Million in Tier 1 capital and in 1st position [...]Total Appoints New MD for Kenyan Business
Integrated oil and gas company Total has appointed former Total Nigeria General Manager Operations, Mr Olagoke Aluko to take over as the Company's Managing Director of the Kenyan business, effective [...]Kenya Set To Host Global Women Entrepreneurs In Nairobi
Kenya is expected to be hosting the 18th edition of Organisation of Women in International Trade (OWIT) Conference from the 25th October in Nairobi. The conference which brings together women entrepreneurs [...]38% of Kenyans Don't Have Legal Proof of ID Study
A study by Cenfri indicates that 38 per cent of the Kenyan population does not have a legal means to prove its identity thereby excluding it from financial services. In [...]Kenyan Nominated for Black British Business Awards
A Kenyan, Andrew Wamae, has been nominated for the British Black Business Awards (BBBA) that takes place tonight. Wamae is the founder of an independent London art school called The [...]Sankara to rebrand to hotel giant Marriott
Sankara Nairobi, a five-star luxury hotel opened in 2010 in the upmarket suburb of Westlands will be rebranded into world-renowned chain Marriott International in the coming months. Marriott Middle East and [...]
