CBK's 182 Day, 364 Day T-Bills rises above 13%,91 Day T-Bill up 11.3%
364 Day T-Bill The yield on Kenya's 364-day Treasury bill rose to 13.803 percent at auction on Wednesday from 13.254 percent at last week's sale. 182 Day T-Bill The yield [...]
Kenya’s mobile penetration hits 88% to 38 Million users
The uptake of mobile services by Kenyans continued to grow during the first quarter of the 2015/16 Financial year spanning July to September 2015. According to the quarterly sector statistics [...]Market Report On 7th Jan 2016
Stock Market Market turnover at the Nairobi Securities Exchange went up 0.78% to KES 341.91Million (USD 3.34mn) of which Equity Bank and KCB Bank jointly accounted for 57.5% of total [...]Mauritian fund to invest Ksh 12 Billion In Kenya's Real Estate Market
Business Daily Mauritian real estate fund Xterra Capital Advisors has identified Kenyan properties worth close to Sh 12 billion in which it will invest the proceeds from its on-going fundraising. [...]Kenya Power acquires Licence from C.A to Provide Internet
Kenya Power, Kenya’s sole distributor of electricity, has been issued with a Network Facility Provider – Tier 2 License by the country’s Communications Authority. The license designates Kenya Power as [...]Pressure On Dstv as Netflix Finally Launches In Kenya
Popular American internet streaming media service provider,Netflix is now available in Kenya which means that finally DSTV and other pay tv service providers will come under intense pressure as Kenyans [...]Atlas Creditors Issued One month to lodge claims
Creditors of Atlas Development’s Kenyan units have a month to lodge claims, the firms which are under liquidation said in newspaper notices. The Nairobi Securities Exchange (NSE) and London Stock [...]Market Report 6th Jan 2016
All the three indices increased today with the NSE-20, NSE-25 and the NASI climbing 33.94pts, 35.78pts and 1.32pts to close the day at 4,008.53, 4,206.66 and 146.81 respectively. Market capitalization [...]Kenya Power to Improve Machakos electricity Supply with Ksh 400M
The quality of power supply to the residents of Machakos County is set to greatly improve following a massive exercise by national electricity distributor Kenya Power to rehabilitate the power [...]Co-operative Bank Kenya secures Ksh 10.7 Billion from IFC
Kenya's Cooperative Bank has secured a long-term financing facility with the International Finance Corporation (IFC) amounting to KES 10.7 Billion(USD 105 million) The bank will apply proceeds to of the facility [...]Kenya Ranked 9th among the world’s top 10 countries to visit in 2016
Rough guides,a travel guidebook and reference publisher,has ranked Kenya Ninth among the top 10 countries to visit in 2016. Rough Guides notes Foreign media hasn’t been kind to Kenya lately, and [...]Court reinstates Prof. Olive Mugenda as Kenyatta University VC
The Labour Relations Court has reversed earlier orders sending Kenyatta University Vice Chancellor Olive Mugenda on terminal leave pending hearing of a case challenging her ouster filed by activist Okiya [...]
