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 [...]
KPLC: A Value Stock or A Value Trap?
This week, the hottest stock in the Nairobi Securities Exchange has been KPLC and for a good reason. This week alone, the stock is up 23.1% and 15.9% Year To [...]
Daily Markets Update: 7th September 2022
Nairobi Securities Exchange BAT, FTGH, and JUB are among the counters sparking interest amongst investors. In today’s early morning trading session, SMER leads the gainers at 8.76%. BRIT has lost [...]Daily Markets Update: 6th September 2022
Nairobi Securities Exchange The Nairobi Securities Exchange reacted positively to the Court ruling upholding William Ruto’s victory as it gains KES 42bn on Monday 5th September's trading session. The best [...]Kenya's Forex Reserves Fall to a 5-year Low on the Weakening Shilling
Data by the Central Bank of Kenya in the weekly bulletin shows forex reserves dropped a massive Sh28 billion in the week ended September 2 to $7.37 (Sh884 billion) billion [...]Britam's Half Year Profit Grows by 77% to Ksh 667.5 Million
Britam Holdings has posted a net profit of Sh 667.5million for the half-year period ending June 30, a 77 per cent jump from Sh376 million posted in a similar period [...]
