Daily Markets Update: 27 September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 133.92, shedding 0.70%. The index has returned -19.55% year to date. The current 52-week range is 116.88 [...]
Shilling Tumbles to Record Low Against the Greenback ahead of the MPC Meeting
The shilling on Monday plunged to an all-time low against the dollar, signalling inflation and higher cost of imported goods. CBKdata shows theshillingexchanged at an average of Kes 120.5971 against [...]
Daily Markets Update: 26th September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 134.86, shedding 0.07%. The index has returned -18.98% year to date. The current 52-week range is 116.88 [...]Daily Markets Update: 23rd September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 134.96, gaining 0.16%. The index has returned -18.92% year to date. The current 52-week range is 116.88 [...]Rapid Rate Hikes to Hurt Emerging Markets Amidst Global Inflation- CBK Governor
CBK Governor Patrick Njoroge has warned that rapid policies put in place by advanced economies could hurt emerging markets’ growth amid global inflation. Patrick Njoroge, who spoke on Bloomberg Television [...]Kenya Creating Legal Framework for Crypto Regulation Central Bank
Kenya will look to introduce a regulatory framework for cryptocurrencies, this is according to Dr Patrick Njoroge, Governor of the Central Bank of Kenya (CBK). Any crypto or all the [...]
Daily Markets Update: 22nd September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 134.75, shedding 0.16%. The index has returned -19.05% year to date. The current 52-week range is 116.88 [...]Daily Markets Update: 21st September, 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 134.96, gaining 1.44%. The index has returned -18.92% year to date. The current 52-week range is 116.88 [...]Daily Markets Update: 20th September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 133.04, gaining 0.34%. The index has returned -20.08% year to date. The current 52-week range is 116.88 [...]KCB Injects Ksh 120 Billion in Oil Marketing Companies as Govt Phases out Fuel Subsidies
KCB Bank Kenya has injected over Sh120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector. The facility is [...]NSE Admits Private Wealth Capital as Kenya's First Non-Bank Authorized Security Dealer
The Nairobi Securities Exchange (NSE) has admitted Private Wealth Capital Limited (PWCL) as an Authorized Securities Dealer (ASD) for fixed income securities listed on the Nairobi bourse. The admission makes [...]Coffee Exports Earnings Hit KES 25.2 Billion
Kenya’s coffee exports earnings in the 11 months to August 2022 increased by KES 9.8 billion ($81 million), attributed to higher volumes and better prices in the international market on [...]
