Lawrence Baraza
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Markets
Treasury Seeks Ksh.50BN in Domestic Market to Finance Projects
The Central Bank of Kenya (CBK) published the prospectus for the November Treasury Bond and is seeking to raise Ksh.50…
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Markets
KCB’s Market Cap Down 47.2% to Ksh.64.4BN Within a Year
The Kenya Commercial Bank (KCB) share price closed the week ended October 19, 2023, at Ksh.19.90 – a 79-month low.…
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Currencies
Kenya Shilling Edges up 0.04% Against US Dollar
The Kenya Shilling stabilised against the US Dollar at 149.84 units at the close of trading Thursday, representing a 0.04%…
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T-Bills
Investors Heavily Shun 182, 364-day T-Bills Even as Shilling Holds Steady
Investors opted for short-term Treasury Bills which saw 91-day paper oversubscribed by 588.9% in the latest auction results. The Central…
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Markets
Rwandan Bank Stocks Up 1.4% After Crossing to NSE20 Index
Bank of Kigali (BK Group) finished among the top gainers on the Nairobi Securities Exchange (NSE) Thursday having gained 1.4%.…
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Markets
Safaricom’s Report On its First Half, 2024 Results
Safaricom PLC will report the first half of 2024 results on November 09, 2023. It’s the first publicly listed company…
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Markets
Safaricom Stocks down 1% to close Day at Ksh.13.8
Safaricom Plc stocks fell by 1% after the bell rang Wednesday to close at Ksh.13.8 per share. Data shows volume…
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Southern Africa
Amazon Sets Date to Open $225MN First Online Shop in Africa
U.S. e-commerce firm Amazon announced it will launch its online shopping service in South Africa in 2024, entering a market…
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Corporate
The late Chris Kirubi’s Children gain $1.3 million from stake in Centum
The late Chris Kirubi’s children Robert Kirubi and Mary-Ann Musangi, have witnessed a significant increase of more than $1.3 million…
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Corporate
Family Bank Puts on Offer 800MN News Shares to Raise Ksh.10BN
Family Bank received formal approval from shareholders Wednesday to offer up to 800 million new shares through a rights issue.…
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