Markets
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KRA announces Inflation adjustment on specific rates of excise duty
The prices of several commodities are set to go up from October 1, 2021 when the Kenya Revenue Authority (KRA)…
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CIC Insurance half-year profit up Ksh.337 million
CIC Insurance Group’s pre-tax profit rose by Ksh.337 million for the first half of 2021 compared to a loss before…
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Kenya plans to boost horticulture exports to China
Kenya is seeking to increase its horticulture exports to China in order to boost its revenues, the industry said on…
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Safaricom inks deal with NSE to let customers invest using Bonga points
Safaricom has inked a deal with the Nairobi Securities Exchange (NSE) to enable Kenyans to invest in stocks using their…
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KTDA tea prices up 6.1% at Mombasa Tea Auction
Prices of teas from KTDA-managed factories improved marginally at the Mombasa Tea Auction this week, selling at an average of…
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T-Bills undersubscribed in past week as 91-day paper reign supreme
T-bills remained undersubscribed last week, with the overall subscription rate coming in at 99.8 percent, an increase from the 69.6…
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CMA directs Cytonn Asset Managers to change name
The Capital Markets Authoritry (CMA) has directed Cytonn Asset Managers Limited, a licensed fund manager, to immediately halt signing-up new…
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Xingyun Global enters Kenyan market with Ksh.65 billion investment plan
The onset of the coronavirus pandemic has not darkened the prospects of Kenya being an international business destination. Kenya plays…
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Oil drops towards Ksh.7,610.92 as virus concerns weigh
Oil prices have declined towards Ksh.7,610.92 (USD.70) a barrel as more countries imposed fresh movement restrictions to counter a surge…
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Unga Group shareholders advised to exercise caution when dealing in its shares
Unga Group is advising its shareholders and any other investors to exercise caution when dealing in the company’s shares on…
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