Kenya's Economy is Transitioning Towards Post-COVID, Central Bank Governor
The Central Bank of Kenya Governor Dr Patrick Njoroge today addressed the press after the Monetary policy committee met on Tuesday, 29 September. Njoroge commences by noting that since the [...]
Jubilee Holdings Partners with Allianz Africa in KSh10.1 Billion Deal
Jubilee Holdings Limited (JHL) has entered into a set of agreements with Allianz Africa Holding GmbH (Allianz) with respect to Jubilee’s subsidiaries engaged in short term general (property and casualty) [...]Acorn Targets Fund Managers with REITs
Acorn, a leading property developer, has rolled out an 8-week roadshow to sell its Real Estate Investment Trusts (REITs) to fund managers. This promotion, which took off a week ago, [...]
Remittances Remain Strong in August to Hit Ksh 29.3 Billion
The Central Bank of Kenya has revealed that diaspora remittances inflows remained strong for the fourth month running hitting Ksh29.3 billion ($274.1 million) in August 2020. The amount was 28 [...]NSE Weekly Turnover Declines to KSh3.4 Billion
Weekly turnover at the Nairobi Securities Exchange(NSE) declined to KSh 3.4 Billion for the period ended 25th September, 2020 from KSh 5 billion turnover in the previous week. The volume [...]NSE Turnover Drops to KSh 502.5 Million
Turnover at the Nairobi Securities Exchange (NSE) declined to KSh 502.46 Million compared to the week's high of KSh 1.44 Billion on Thursday. The volume of shares traded fell to [...]Turnover at the NSE rises to KSh 1.44 Billion
Turnover at the Nairobi Securities Exchange(NSE) climbed up significantly, boosted by heavy foreign investors activity on Equity Bank, to KSh 1.44 Billion. This was on a volume of 44.59 Million [...]NSE Extends Suspension From Trading Kenya Airways Shares for 6 Months
The Nairobi Securities Exchange has extended the suspension from trading Kenya Airways shares for another six months. The airline is preparing for a government buyout. A statement from the bourse [...]
Turnover at NSE edges slightly to KSh 685.81 Million
Turnover at the bearish Nairobi Securities Exchange(NSE) rose slightly to KSh 685.81 Million this Wednesday compared to KSh 607 Million the previous day. This was on a volume of 25.82 [...]Insight into Retail Forex Trading Rules Regulations across Africa
Forex Trading has grown very popular in Africa since the start of last decade with increased participation in retail side. The demand for retail forex trading is now quite substantial [...]Microsoft Acquires Video Game Maker Bethesda for $7.5 Billion
Microsoft has acquired Zenimax Media Inc, the parent company of Bethesda Softworks in its most expensive video game deal in history. The $7.5 billion cash acquisition will boost Microsoft's gaming [...]NSE Turnover Rises to KSh 607 Million
Turnover at the Nairobi Securities Exchange(NSE) rose to KSh 607 Million on Tuesday 22nd September. 23.81 Million shares were traded in 1,053 deals. This is compared to a turnover of [...]
