Kenya's private sector records biggest expansion since 2018
The Stanbic Bank Purchasing Managers Index ( PMI) for Kenya increased to 56.3 in September of 2020 from 53 in August, pointing to the biggest expansion in private sector activity [...]
Performance of Bitcoin Vs Gold in the last 5 Years
If you invested $10 in Bitcoin 10 years ago, you would be a millionaire now. Never before could you make so much money in a decade.Is Bitcoin still worth investing [...]
Net Assets of Online Forex Dealers Hit KSh234.3 Million
The net assets base of online forex dealers was KSh 234.27 Million as at 31st May 2020. This is compared to KSh 5.3 Billion held by fund managers, KSh 971.3 [...]CBK Raises KSh 10.7 Billion from Treasury Bill Auction
The Central Bank of Kenya (CBK) raised KSh 10.698 Billion from this week's Treasury Bills Auction out of the targeted KSh 24 Billion, representing a performance rate of 64.9%. This [...]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 [...]
