Markets
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Carbon credit market confidence ebbs as big names retreat
Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle…
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Equities turnover dips by 72% to Ksh.464.4 million
The equities market was on a downward trajectory in one week to August 25, with NASI, NSE 20, and NSE…
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Government securities – What does the trend mean for your business?
Throughout the year, investors have shown a preference for the short-end. Treasury has only managed to attract uptake of long-term…
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Kenya Eurobonds: What we know so far
In the week to August 19, the yields on Eurobonds were on an upward trajectory, with the yield on the…
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T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper
The Treasury Bills (T-Bills) were oversubscribed for the second week, with the subscription rate coming in at 186.2%, albeit lower…
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Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
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Investors opt for reopened August Bonds as Treasury fetches Ksh.53bn
Local investors in government securities heavily subscribed to the re-opened bond issues this month as Treasury taped a staggering Ksh.53…
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Kenya unfairly paying Ksh.160 billion more on interests in sovereign bonds – report
The accelerated issuance of foreign currency-denominated debt has led to an increasing pace of sovereign credit rating assessments by the…
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Saudi Aramco’s profit down 38% to Ksh.4.3 trillion in Q2
Oil firm Saudi Aramco announced its profits of Ksh.4.3 trillion (US$30.08 billion) for the second quarter, a sharp fall from…
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