Markets
-
Shilling hits 10-month all-time low to Ksh.111.01 against US dollar
The Kenyan Shilling dropped to a ten-month all-time low against the US Dolar Thursday when it crossed the Ksh.111 mark,…
Read More » -
Kenya outlines new measures to combat money laundering activities
Kenya has unleashed new restrictive measures to regulate cash movement within her economy, aimed at combating money laundering activities. A…
Read More » -
Vivo Y33s officially launches in Kenya
Vivo has taken a keen interest in the budget smartphone segment with the recently launched Vivo Y21 and now the…
Read More » -
Fire breaks out at Kuwait oil refinery
A fire broke out on Monday at the sulfur removal unit of the Mina Al-Ahmadi oil refinery in Kuwait, the…
Read More » -
Kenya drops 4 points in latest Africa financial market index report
Kenya’s overall performance slipped from the top ten in capital markets ranking in Africa. The report measured the openness and…
Read More » -
Shilling now 0.77 units shy to hit 111.68 level last seen in Dec 2020
The Kenya shilling weakened against the US dollar hitting a nine-month low of 110.9, amid increased import activities by local…
Read More » -
Bitcoin price nears Ksh.7 million all-time high: Here’s why
Bitcoin is at it once again having broken the Ksh.6.6 million (US$.60,000) barrier over the weekend, to a brief high…
Read More » -
Locally assembled cars price up 36% as police lead in purchase
Local motor vehicle assemblies companies are foreseeing setting higher sales after President Uhuru Kenyatta directed all ministries and other state…
Read More » -
COMESA export trade drops by 11% to Ksh.1 trillion
The value of Intra-COMESA total exports declined by 11 percent from Ksh.1.2 trillion (US$.10.9 billion) in 2019 to Ksh.1 trillion…
Read More » -
Cytonn High Yields Solution placed under receivership
Two of Cytonn Investment Management Plc’s entities, Cytonn High Yields Solutions and Cytonn Project Notes (CPN) have been placed under…
Read More »