Markets
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Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
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EPRA explains reason behind fuel shortage in Kenya
The Energy Petroleum and Regulatory Authority (EPRA) says the government has delayed compensating Oil Marketing Companies (OMC), a reason behind…
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TotalEnergies issue Ksh.1.31 dividend on slumped Ksh.2.7 billion net profit
TotalEnergies has declared a Ksh.1.31 dividend per share for its shareholders after it posted a Ksh.2.7 billion profit for the…
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Kenya’s inflation in March up 5.6% from 5.1% in February on Russia, Ukraine war
Inflation in Kenya for the month of March soared to 5.6 percent down from 5.1 percent in February to indicate…
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CBK bags over Ksh.7.1 billion at treasury bill weekly auction
The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on…
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Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
Bitcoin has risen to Ksh.5,428,966.00, reaching its highest level since December last year compared to when it last slumped to…
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KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
KCB Group PLC has finished a merger process for its KCB Bank Rwanda and Banque Populaire du Rwanda (BPR) after…
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Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
Twiga Foods has been named one of the 100 Most Influential Companies globally by Time Magazine. Twiga Foods made it…
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Explainer; What a weak and strong shilling means for Kenyan economy
The Kenyan Shilling has retained its vulnerability against the United States Dollar at a low of 114.8 units, signaling a…
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CBK suspends Ecobank from forex trade for a week
The Central Bank of Kenya (CBK) has suspended Ecobank from forex trade over what it termed as unsafe trading practices…
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