NSE Daily Equity Turnover Drops 22.4% to KSh 702.9 Million
Nairobi Securities Exchange(NSE) recorded a decline in equity turnover to KSh 702.9 Million when trading ended at the bourse this Friday compared to KSh 905.9 Million the previous day, a [...]
CBK Accepts KSh 11.9 Billion at the Weekly T-Bills Auction
Central Bank of Kenya(CBK) has accepted bids worth KSh 11.9 Billion at the weekly Treasury Bills Auction, an under subscription of 65.7%, out of bids worth KSh 15.8 Billion received [...]US Markets; Wallstreet Closes Lower, Quarterly Earnings Review
The US markets closed mostly lower on Thursday as the country's Senate advanced the vote on a bill that would raise thefederal debt ceiling.The House of Representatives earlier passed a [...]
Joe Biden Nominates Silicon Valley veteran Meg Whitman as US Ambassador to Kenya
Veteran Silicon Valley executive Meg Whitman has been nominated by US President Joe Biden as America's ambassador to Kenya. Meg Whitman, who has served senior leadership positions in a number of blue chip US [...]US Markets Close Higher Despite Omicron Concerns
Major stock market indices in the United States closed Monday's session with sharp gains with the Dow Jones Industrial Average rising over 640 points despite the concerns over the spread of [...]Hisa Unveils US Stock Market Investing For Kenyans as Regulator Issues No Objection
Hisa Technologies has today unveiled Hisa mobile app that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones using mobile money. For the first [...]
CFOs in Manufacturing Embrace technology to improve business processes SYSPRO Report
Traditionally, the role of the CFO has always been more comparable to someone focused on crunching the numbers with more focus on history – generating reports about the past through [...]Nairobi Securities Exchange Board Declares Special Dividend
The Board of Directors of the Nairobi Securities Exchange have declared a special dividend of Sh 0.50 per ordinary share at its meeting held on 26th November 2021. The board [...]Britam Announces Shock Resignation of CEO Tavaziva Madzinga
Kenya's financial services group Britam Holdings has announced the shock resignation of its managing director, Tavaziva Madzinga, after less than one year in office. The announcement comes barely 10 months [...]CoAmana Tech Startup to link Farmers and Buyers
CoAmana Market Limited, a tech startup is keen to expand its buyer-seller activities in Kenya, with a focus on agricultural products. This is through its digital marketplace, Amana Market, which [...]Reprieve as Tea Auction Records an Increase in Prices
The weekly Mombasa Tea Auction held on 15th, 16th, and 17th November 2021 had 12.3 million kilograms of tea offered for sale. The amount on offer increased from 12.1 million kilograms during [...]NSE Weekly Equity Turnover Declines 28% to KSh 2.5 Billion
Nairobi Securities Exchange(NSE) recorded a decline in weekly turnover to KSh 2.5 Billion from KSh 3.4 Billion the prior week, a decline of 28%. The volume of shares traded also [...]
