Broker recommends ‘BUY’ rating on Equity Bank
Apex Africa Capital has recommended a BUY on Equity Group Holdings Plc driven by a projected upside potential of 14.1%, with expectations that current dividend of Ksh 2.00 will be [...]
Guest Post; To realise its long term plans for Africa, China must play its part
China has been around for ages, but it’s only recently that many are feeling its weight. It has come to Kenya and Africa at large with a bang, and we [...]
Stanbic Records Best Half Year Profit Performance among Banks
According to Sterling Capital Limited Kenya Banks half year 2018 earnings review, Stanbic Bank Limited recorded the best performance among the banks in focus with a profit after growth tax [...]Kenya Signs Silk Belt Road Agreement with China
During his visit to Beijing, President Uhuru and the Chinese President Xi Jinping “signed a cooperation agreement within the Framework of the Silk Road Economic Belt and the 21st Century [...]Chinese Private Investors Commit to Support JKIA-Westlands Expressway
President Uhuru’s visit to Beijing has seen Kenya obtain several Public-Private partnerships (PPPs) deals with Chinese private investors worth billions of shillings. One of these deals entails a commitment by [...]Nairobi-Based Logistics Startup Bwala Secures Sh24m loan to Scale its Operations
Nairobi-based logistics marketplace Bwala Africa Group has secured Sh24 million debt financing from CFC Stanbic Bank and introduced BwalaPay to “meet the rising demand for last mile e-commerce connectivity and [...]Ex-Chase Bank directors’ pre-trial postponed
The court has postponed a pre-trial hearing for two former Chase Bank directors and eight others accused of swindling the bank over Ksh 1.6 billion. This after the defense lawyers [...]Kenya Communications Regulator Unveils System to Measure Quality of Services
The Communications Authority of Kenya (CA) has introduced a Quality of Service Monitoring System (QSMS) to measure the quality of services mobile network operators offer. The regulator will now assess [...]Kenya Inflation Rate Drops to 4.04% in August
According to the latest data from the Kenya National Bureau of Statistics (KNBS), the inflation rate dropped to 4.04 per cent in August 2018 compared to 4.35 per cent in [...]Court Halts 16% Fuel Tax Amid Govt Assurances to Address Crisis
The Bungoma High Court yesterday granted temporary orders halting the 16 per cent VAT on petroleum products amid assurances from Treasury’s Cabinet Secretary Henry Rotich that the crisis will be [...]20 new UK businesses to set up shop in Kenya
Twenty UK businesses are planning to set shop in Kenya as recently announced by British Prime Minister Theresa May, where she termed the action as a clear demonstration of the [...]Bank charges still ‘cloudy’ unknown to the consumer FSD
Despite calculated efforts such as the CBK’s 2013 new prudential guidelines and the proposed Financial Markets Conduct Bill introduced earlier this year to ensure consumer protection and transparency in the [...]
