Markets
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Kenya Airways to resume direct flights to U.S
Kenya Airways (KQ) will resume direct flights to the United States this December, owing to the festive season that is…
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NSE board approves 387,401 shares issuance to its ESPO trust
The Nairobi Securities Exchange (NSE) Employee Share Ownership Plan (ESPO) Unit Trust has received an additional 387, 401 shares following…
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Investors sell over Ksh1.6 billion NSE stocks in August
Foreign investors disposed of stocks at the Nairobi Securities Exchange worth Ksh.1.6 billion in August, remaining net sellers in the…
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NSE sees first main market listing since 2018 this year
The Nairobi Securities Exchange (NSE) expects its first main-market segment listing in more than three years to happen before the…
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Treasury fails to meet June Bond target, raises Ksh.19.6 billion
The National Treasury failed to meet its June 23, 2022 tap sale of Ksh.25 billion when it managed to raise…
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Kenya’s dollar crisis sees forex reserve plummet 1% to Ksh.944 billion
Kenya’s usable foreign exchange reserves plummeted to Ksh.944.9 billion in the week ended June 24 amidst outcry by manufacturers and…
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Kenya shilling now 0.2 units shy to hit 118 level against Dollar
Kenya Shilling buckled further against the US Dollar Monday, with only o.25 units shy of hitting the 118 level. Data…
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Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers
Fuel prices have more than doubled in two years, saddling millions of motorists with enormous costs. For example, in the…
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What you need to know about central banks raising benchmark lending rates
Central Banks in both developed and emerging economies are raising their benchmark lending rates amidst the high cost of living…
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Bank of England raises interest rate to 1.25%
The Bank of England (BoE), the central bank of the United Kingdom, on Thursday, raised its benchmark interest rate by…
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