Markets
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Investor confidence up on digital sector after CBK takeover
Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector. According to…
Read More » -
CBK commences regulation of digital lenders
All digital lenders within the Kenyan market space will start being regulated effective December 23, 2021, the Central Bank of…
Read More » -
List of Kenyans who own TV, Radio stations
There are over 40 TV stations in Kenya many of which are owned by politicians and other powerful businesspeople in…
Read More » -
Wakanda completes 85% acquisition of Choice Microfinance Bank
Wakanda Network Limited (Wakanda) has successfully finalized the acquisition of an 85 percent shareholding of Choice Microfinance Bank Limited (Choice…
Read More » -
Why consumers now prefer product purchase in installments against cash first payment
Demand for Pay-As-You-Go financing for products in the East African Market is set to skyrocket in 2022 as more consumers…
Read More »