Barclays Kenya unveils Sh 63 Million scholarship program targeting 420 university students
Barclays Bank of Kenya has launched a three year scholarship programme targeting 420 needy and bright university students in order to create an enabling environment for them to succeed academically. The [...]
Govt borrowing has had negative effect on private sector investment KBA Report
The Kenya Bankers Association’s Centre for Research on Financial Markets and Policy has published six research papers focusing on credit allocation on the back of active government domestic borrowing. These [...]Vodacom Group CEO Among the Four appointed to Safaricom Board
Safaricom (NSE: SCOM) has made four appointments to its Board of directors following a board meeting held on Thursday 31st August. Mohamed Shameel Aziz Joosub and Linda Watiri Muriuki will [...]Standard Group Confirms the Exit of CEO Sam Shollei
It’s official. Sam Shollei has exited Standard Media Group as CEO. The NSE listed media company made the announcement late Friday, confirming reports by The Kenyan Wallstreet and others. Its reported [...]Political Drama; Kenya Supreme Court Nullifies Presidential Elections, Markets Tank
Kenya's Supreme Court on Friday nullified the outcome of the country's August presidential election saying the exercise was compromised and not conducted according the law and ordered fresh elections within [...]Britam Report: Effects of the Proposed Treasury Single Account
The public Finance Management Bill 2017 is seeking to consolidate government funds under one account. Under the regulations, the National Treasury and each County Treasury will establish a Treasury Single [...]Nairobi Securities Exchange Delists Two Companies
The Nairobi Securities Exchange has announced the mandatory delisting of A. Baumann Limited and Hutchings Biemer Limited for failure to adhere to regulatory requirements in 2008 and 2001 respectively. The companies [...]Kenya August Inflation Rises to 8.04%
Kenya's August inflation rose 8.04% from 7.47% that was reported in July largely attributed to high prices of food. Inflation rate on a month to month basis increased by 0.61% [...]Standard Group Reportedly Fires CEO Sam Shollei, Half Year Earnings Rise 7%
The Standard Group (Stock SGL), which runs the The Standard newspaper, KTN TV stations, Radio Maisha and a number of other media platforms has reportedly fired its Chief executive Sam [...]Fitch: Kenya Post-Election Disruption Limited So Far
The Kenyan opposition's decision to seek a legal resolution after it disputed this month's general election result has helped reduce the risk that tensions may escalate, Fitch Ratings says. Pursuing [...]Safaricom Opens 46th Retail Store in Kitale
Safaricom has opened the newly refurbished shop in Kitale town as it seeks to expand its regional presence and enhance customer experience. Located at Yes Plaza, the shop will offer residents [...]Flame Tree Half Year 2017 Pre-Tax Profit Declines By 17.4%
Beauty products plastics manufacturer Flame Tree Group (Stock; FTGH ) has released its half year 2017 results, recording a 17.4% decline in net profit to Sh 66.5 Million. Revenue [...]
