Markets
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EPRA Reduces Fuel Price on Crude Oil Price Dip
The Energy Petroleum and Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene…
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Innovation at Forefront; Metropol GMD Sam Shares Insights at Stima Sacco Seminar
At the 3rd annual innovation seminar held by Stima Sacco at the Stratmore Business School in Nairobi, Metropol Corporation Group…
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Ethiopia Likely to Default on its $1 Billion Bond
Ethiopia appeared to be on the brink of a debt default on Friday after talks with key holders of the…
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Tanzania’s FDI Doubles to $1 Billion in Q3 2023
Tanzania has witnessed a significant surge in its Foreign Direct Investments (FDI) in the third quarter of 2023, doubling the…
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What You Must Know About Mining Bill (Amendment), 2023 in Kenya
Despite the existence of a regulatory framework and the sector’s immense potential, the contribution of the mining sector to Kenya’s…
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First Future Holdings Joins CMA Sandbox with USSD Trading Platform
The Capital Markets Authority (CMA) has incorporated First Future Holdings Limited (FFHL) into its Regulatory Sandbox initiative to promote Fintech.…
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AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
The African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to provide…
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Analyzing the Kenyan Materials Industry: A Week of Ups and Downs
The Kenyan materials industry has experienced a roller coaster ride in the past week, with an overall increase of 6.1%.…
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CBK’s Treasury Bills Auction Surpasses Expectations to Tap Ksh.45.3 Billion
The Central Bank of Kenya (CBK), the principal fiscal agent of the National Treasury, recently held an auction for Ksh.24…
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Investment Schemes Hit Ksh.175.97 Billion Led by CIC with Ksh.59.9 Billion Market Share
In the quarter ended June 2023, the Total Assets Under Management (AUM) by the Collective Investment Schemes (CISes) reached KShs.175.97…
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