Markets
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Kenya shilling weakens to its lowest on Ukraine, Russia tensions
The value of Kenya shilling hit its record low Thursday to trade 113.8 units against the dollar on Russia, Ukraine…
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Ten steps to consider before executing forex trade
Forex trade can be confusing for someone who might be a beginner. This will lead to the person experiencing various…
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KMRC’s first corporate bond oversubscribed by 480% to Ksh.8.1 billion
Kenya Mortgage Refinance Company’s (KMRC) first tranche of the Medium Term Note (MTN) was oversubscribed by 480 percent to collect…
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Oil price up 13% to Ksh.11k in 7yrs on Russia, Ukraine tension
Oil prices surged Tuesday, February 22, 2022, on fears that rising tensions between Ukraine and Russia could disrupt supplies around…
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How Kenya is making home ownership possible for low income households
Rachel Mwangangi is getting ready to move into her dream home in Nairobi, within the first quarter of 2022. It…
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Banks to soon have uniform lending rates for mortgages
The Kenya Mortgage Refinancing Company (KMRC) is now mulling hiring a consultant to develop uniform lending terms for home loans…
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Kenya’s January remittance down 3.4 percent to Ksh.38.5 billion
Total remittance from Kenyans living abroad dropped by 3.4 percent to Ksh.38.5 billion in January compared to Ksh.39.5 billion that…
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Safaricom’s Q3 results up 16% on increased M-Pesa transactions
M-Pesa transactions increased by 16.1 percent for the third quarter ended December 2021, strengthening Safaricom’s revenue portfolio. “Our M-Pesa platform,…
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CMA okays Central Depository to offer securities lending, borrowing
The Capital Markets Authority has approved Central Depository and Settlement Corporation (CDSC) to offer securities lending and borrowing (SLB) as…
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Samsung unveils first half flagship devices
Samsung has globally announced the release of the 2022 Galaxy S Series range of devices that consists of the Galaxy…
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