Markets
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Bitcoin market value slumps to a five-month low
The value of Bitcoin fell to the lowest level in more than five months since August last year on the…
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T-Bills remained oversubscribed past week on eased liquidity
T-bills were oversubscribed, with the overall subscription rate coming in at 156.4 percent, up from the 96.6 percent recorded the…
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Fuel prices remain unchanged third time
The Energy and Petroleum Regulatory Authority (EPRA) has retained fuel costs in the country for the third time since November…
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Standard Group tops gainers on NSE to trade Ksh.15.5 per share
Standard Group closed the day to emerge top gainer on Nairobi Securities Exchange (NSE) when its stocks surged 9.93 percent…
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Volkswagen invests over Ksh.11.3 billion in electric cars as sale surpasses Tesla’s in Europe
Europe’s largest carmaker Volkswagen is falling further behind Tesla in the race to dominate the market for electric cars. Volkswagen…
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Equity Bank receives green light to operate in insurance business
The Equity Group has officially received a license to operate in insurance business with its new subsidiary dubbed Equity Life…
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Kipevu Oil terminal to enhance supply, cost stability of petroleum products
Kenya will double the capacity of handling petroleum products when the Ksh.40 billion New Kipevu oil terminal becomes fully operational…
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List of African nations which performed best on stock market in 2021
The Lusaka Securities Exchange in Zambia finished 2021 as the best-performing stock market in Africa, registering a 93.2 percent gain…
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NSE extends suspension from trading KQ share for further 12 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
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Blow to motorists as court declines to shoot down car comprehensive cover increase
Motor vehicle owners have been dealt a major blow as underwriters move to increase premiums by more than half the…
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