Standard Bank Group granted full banking license in Côte d’Ivoire
Standard Bank – trading as Stanbic Bank – has been formally awarded a banking license in Côte d’Ivoire. The Group opened a Representative Office in December 2013, signalling a drive [...]
This Week's Market Events 25th- 31st July
Monday 25th ; Jubilee Insurance Company Dividend Payment Central Bank Kenya MPC Meeting Tuesday 26th CBK Governor Press Briefing Wednesday 28th M-Oriental Bank Holds AGM Thursday 28th Uber Kenya Business [...]Kenyan Blue Chips Hammered: ‘The Barometer’ says it All.
Dear Market Participant, It has come to our attention that we need to give an update on the current state of the Kenyan Equity Markets. We are currently reflecting on [...]Electricity access rate in Kenya now at a record 60%
Kenya Power Lightening Company has said 1.25 Million new clients have been connected to the National grid in the year ended 30th June 2016 raising the country's electricity access to [...]Kenya takes over UNCTAD Presidency from Qatar
Dr. Hamad bin Abdulaziz Al Kuwari, who is the President of the 13th United Nations Conference on Trade and Development (UNCTAD), handed over the presidency of the conference to HE [...]Risk Management Strategies Crucial for Achieving Trading Success
Risk management is a vital issue in hit trading. It involves figuring out, analyzing, and mitigating dangers to shield capital and ensure lengthy-term fulfillment within the markets. Effective danger control [...]
Kenya Airways Full Year Results Update..
Kenya Airways Ltd narrowed its pretax loss by 12.2 percent to 26.1 billion shillings ($257 million) in the year to end-March, it said on Thursday. Gross profit rose 42 percent [...]Latest Auction Results: Yields on the 20 Year Treasury Bond rises by 121.2 Basis Points
91 Day T-Bills In this week’s auction, the weighted average yield on the 91-day Treasury bills went up to 7.919% on Thursday from 7.649% recorded in the previous week. Bids [...]CBK orders Banks to disclose top shareholders by 1st August,'considering' term limits for CEOs
The Central Bank Of Kenya has ordered all commercial Banks operating in Kenyan soil to disclose and regularly update their top shareholders on their websites by 1st August of this year. [...]Court paves way for Karuturi Flower Farm liquidation
The liquidation of Naivasha based Karuturi Flower farm will continue after the case challenging the appointment of the joint liquidators Thoithi Muniu and Kuria Muchiru, was thrown out by the [...]Deacons to list 123.5 Million shares on the Nairobi Exchange at Sh15 each
Deacons Kenya will on second August 2016 list 123,558,228 shares on the Nairobi Securities Exchange at KSh 15 per share by way of introduction on the AIM segment of the exchange. The clothing [...]Kenya Airways will bounce back to profitability in 12-18 Months CEO
National carrier Kenya Airways will bounce back to profitability in twelve to 18 months time, according to its Managing Director Mbuvi Ngunze. Mr Mbuvi was speaking to CNN's Eleni Giokos on Tuesday morning after [...]
