Markets
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October inflation down 6.45% on fuel cost cut
The cost of living for the month of October eased slightly when inflation rate dropped to 6.45 percent against September…
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CMA, NSE and KEPFIC sign MoU to promote infrastructure investments through capital markets
The Capital Markets Authority (CMA), Nairobi Securities Exchange (NSE) and Kenya Pension Funds Investment Consortium (KEPFIC) have signed a Memorandum…
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Faulu bank targets 1 million new customers with digital banking App launch
Faulu Microfinance Bank Limited has launched a digital banking app christened Faulu DigiCash App with a target to reach over…
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NSE day trading to start on November 22
The Capital Markets Authority (CMA) has approved the daily trading of stocks on the Nairobi Securities Exchange starting November 22,…
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Nigeria becomes first African nation to roll out digital currency
The Central Bank of Nigeria joined a growing list of emerging markets betting on digital currency to cut transaction costs…
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Safaricom trades over 9 million shares to start week as top mover
Safaricom Plc started off the week on a right path when it traded over nine million shares to emerge as…
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Nairobi out of cheapest cities to construct buildings in Africa
A new survey by property firm Turner and Townsend dubbed International Construction Market Survey has revealed that it is cheaper…
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Investor wealth at NSE hits Ksh.630 billion in Q3
Investors at the Nairobi Securities Exchange (NSE)saw their wealth swell to highs of Ksh.630 billion in the third quarter of…
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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,…
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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…
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