Markets
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EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading…
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Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
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Kenya Shilling deeps 1.8% year-to-date on continued debt accumulation
The Kenyan shilling has recorded a Year-to-date depreciation of 1.8 percent against the US Dollar due to continued pressure against…
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Kenya’s Forex Reserves slump to a 9-month low of Ksh.869.4 billion
Kenya’s Foreign Exchange Reserves (Forex Reserves) plummeted to a 9-month low as the shilling continues to weaken against the US…
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Shelter Afrique partners with Indian-based Actis for affordable Housing in Kenya
Nairobi- based pan-African housing development financier – Shelter Afrique announced a partnership deal with Actis for affordable housing in Kenya…
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Coffee regulator to on-board five CMA-licensed brokers, finally
The Capital Markets Authority (CMA) licensed coffee brokers will now be on-boarded by the coffee regulator in Kenya, ending a…
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State seeking Ksh.10 billion for budget support in Bond Market
The Kenyan government is seeking to raise an additional Ksh.10 billion for the budgetary support in the financial year 2022/23.…
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Kenya Power beats stock giant Safaricom to move over 7 million shares
Kenya Power and Lighting Company (KPLC) defied all odds to beat stock leader, Safaricom at the Nairobi Securities Exchange (NSE)…
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NCBA stocks up 1.5% on plan to open M-Shwari deals in DRC, Ethiopia & Ghana
NCBA Group’s stocked climbed by 1.52 percent Tuesday to emerge among top five gainers on the Nairobi Securities Exchange (NSE).…
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U.S. stocks fall amid concerns over further Fed policy tightening
Wall Street’s major indexes dropped on Monday as better-than-expected U.S. economic data raised concerns that the Federal Reserve could continue…
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