Bitpesa Resumes services after Partnering With Airtel Money
After a period of unease, BitPesa will be able to resume their service in Kenya after all. Not because Safaricom suddenly changed its mind, as that has not happened yet. [...]
CBK to Auction 2-year 10 year Treasury Bonds worth Ksh 35BN this month
Reuters Kenya's central bank said on Tuesday it will auction two-year and 10-year Treasury bonds worth a total 35 billion shillings ($342.57 million) this month. The bank said in a [...]KCB forms a holding company
Kenya's largest Bank in terms of assets,The Kenya Commercial Bank Group(KCB ) has created a new holding company to manage KCB's Kenya and its east african subsidiaries in line with CBK's requirements. [...]CMA okays Apollo Asset to roll out 20th Unit Trust Scheme
Kenya's Capital Markets regulator has given a green light to Apollo Asset Management Limited to roll out a collective investment scheme known as Apollo Unit Trust Scheme. We are an independent investment and [...]World's Top Construction equipment maker partners with Car General to open Nairobi Shop
One of the world’s top heavy construction equipment manufacturers Doosan Infracore, in collaboration with Car and General, its distributor in East Africa, has opened a new equipment and parts distribution [...]Tullow Oil to stay away from Three Heritage Sites in Northern Kenya Oil search
Tullow Oil has said it will not drill in three world heritage sites in Northern Kenya that form potential areas of operation as part of the Group’s ongoing commitment to [...]The Daily Market Report 4-Jan-2016
Market Report 24/12/2015 The benchmark NSE-20 Share Index was down 0.83 points to close at 4,007.33 points. The All Share Index (NASI) was down by 0.20 points to close at [...]Based on Data,Expect an increase in Stock Prices on the NSE in January
It is that time of the year where we sit down and quickly jot down our new years resolutions in the hopes to actually realize them during the year 2016. [...]Home Afrika Issues Profit warning despite 62% rally in Dec
Nairobi Securities Exchange GEMS listed Property developer Home Afrika Ltd has said it expects its Full Year 2015 profit to fall by at least 25 per cent compared to 2014.The firm [...]Bill Gates Lauds Mpesa, says its the best tool he has ever seen
American business magnate and the world's richest man, Bill Gates has hailed Kenya's Mobile money transfer service, Mpesa,saying its the best tool he and his wife have ever seen in [...]African Stock Market Performance 2015
As you can see above majority of African equity markets took a big hit in 2015 and underperformed on a large scale. From the data we sought, only 3 exchanges [...]Al Jazeera's Africa Investigates' probes BAT in Kenya scandal
• Kenya was the first African nation to ratify WHO’s plan to curb smoking • But Kenya is reliant on $1 billion in taxes on BAT • Allegations that Big [...]
