Safaricom rally continues, touches new all time high of Sh 29.75
Brief.. Safaricom stock hit a fresh high at the start of trading on the Nairobi Stock Exchange on Friday morning. The counter briefly touched a new record high of Sh 29.75 [...]
Introducing Bulls, Bears Whisky, an Event for Players in Financial Services
Kenya is fast creating a name for itself as the hub for the financial services industry in Africa. Increasingly, global players in the financial services industry continue to set up [...]Solar Energy for Businesses: Does it Make Sense?
The 21st Century companies are always looking for new ways to be more sustainable. Not only can going green help your company’s bottom line, but it can actually bring many [...]Nation Media Group announces fresh round of layoffs
Nation Media Group (NMG) is continuing a widespread cost-cutting initiative, announcing undisclosed number of lay offs in a notice sent to employees. The exercise, which begins immediately till early Feb [...]CBK Floats 15 Infrastructure Bond seeking Sh 40 Billion
The Central Bank of Kenya, acting in its capacity as fiscal agent for the Govt of Kenya, has invited bids for the sale of a Sh 40 Billion infrastructure bond [...]New E-Commerce Platform Launches in Kenya, promises 24 Hour delivery to online shoppers
Online shoppers in Kenya can expect a shorter wait for their items with the opening of a new e-commerce platform dubbed Africa Sokoni. The platform promises 24 delivery service within [...]Barclays bullish on the kenyan Economy, Expects 5.5% Growth
Barclays Africa yesterday launched its 2017/18 Macroeconomic report which covered key issues affecting the economy from a country, regional and global level. The report offered key insights on issues likely [...]Sasini Tea 2017 Profits down by 41.2% to KES 339.4 Million
Listed Agricultural company Sasini Limited released its Full Year 2017 results that saw it post an after tax profit of KES 339.4 million compared to a restated profit of KES [...]Govt to merge six financial agencies to form a mega Development Bank
The Government has started a process to set up one strong financial institution that will merge functions of several organisations that currently run parallel and sometimes perform overlapping roles. The [...]Kenya Govt Sets up Blockchain Artificial Intelligence Taskforce!
January 18 2018; The Government has began setting up a taskforce that will work on a comprehensive strategy to encourage and adopt emerging technologies such as Blockchain and artificial intelligence [...]CBK Governor Patrick Njoroge Named 2018 Africa Central Banker of the Year'
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, has been felicitated with the Central Banker of the Year Award (Africa) for 2018 by the Financial Times Group's [...]Finally; Govt gives NSE ago ahead to introduce short selling
The Kenya Govt through the ministry of Treasury has finally allowed the Nairobi Stock Exchange (NSE) to introduce short-selling, a long awaited move that is expected to boost liquidity and diversify [...]
