Investment trends opportunities that could emerge from COVID-19
Kenyan firms engaged in ICT and e-commerce, pharmaceuticals, logistics and delivery as well as research and data analytics, top the list of beneficiaries those who will reap big from the [...]
Bamburi Cement Net Earnings Fall to KSh359 Million
Bamburi Cement posted a drop in net profit in 2019 to KSh 359 Million from KSh 572 Million net profit booked in 2018. The manufacturer suspended its operations in Rwanda [...]Prices Fall by 15% at Nairobi Coffee Exchange
The prices of Kenyan coffee have fallen by up to 15% at the Nairobi Coffee Exchange (NCE), in what NCE Chief Executive Daniel Mbithi attributes to high volumes of low [...]
Moody's revises Kenya's ratings to negative
Kenya's huge borrowing requirements has pushed down the country's rating to negative from stable. This negative outlook of B2 by Moody's rating agency reflects the rising financial risks posed by [...]Daily Global Markets Brief
On Thursday US dept of Labor reported initial jobless claims have hit a total of 33.5 Million in the last seven weeks having fallen by 677,000 to 3.17 Million during [...]NSE Market Report 07/05/2020
Turnover at the Nairobi Securities Exchange on Thursday's trading declined from KSh 1.6 billion to KSh 1 billion while the number of shares traded also declined by nearly half to [...]IMF Approves $739M Disbursement to Kenya
The Executive Board of the IMF has approved Ksh78 billion ($739 million) drawn under the Rapid Credit Facility (RCF) to help meet Kenya's urgent balance of payments needs. A statement [...]
Best Ways to Get a Good Online Forex Broker
A CFD broker is essential for a trader if he wants to begin his trading career. A forex broker provides his clients with many beneficial tools that may help an [...]Kenya to Suffer the Biggest Slump in Economic Growth in the EA Region Citi
The East African region is set to experience a slowdown in economic growth in 2020, given the restrictive measures governments have imposed to limit the spread of covid19 and the [...]
Kenya Seeks Suspension of Debt Payments
Kenya is seeking debt-relief options with lenders as the state seeks more money to deal with the negative impacts of the COVID-19 pandemic. According to Treasury Principal Secretary, Julius Muia, [...]Podcast; Key Takeaways from The World Bank Kenya Economic Update
In the recently released Kenya Economic Update, the World Bank reported that Kenya’s Gross Domestic Product growth rate will shrink to 1.5 percent. In this podcast, our resident economist, Prince [...]
Tea Auction Records Decline in Prices
The weekly Mombasa Tea Auction held on the 27th and 28th April, 2020 recorded 12.3 million kilograms of tea offered for sale, compared to 10 million kilograms for the same [...]
