Markets
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Oil prices drop as coronavirus caseloads rise
Oil slipped on Monday in thin trading as rising COVID-19 case numbers in some parts of the world kept a…
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What’s next for Russia’s Sputnik COVID-19 vaccine in Kenya?
Pharmacy and Poisons Board (PPB) has revealed that one of the importers of the Sputnik V vaccine is keen on…
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Kenya shilling holds steady against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar buoyed by improved forex reserves. The shilling anchorage can be…
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Kenya in race to take over Ksh.750 billion in Eurobonds
Kenya is in a race to take up nearly Ksh.792.33 billion in Eurobonds over the next 18 months. According to…
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Extension of suspension from trading KQ shares to stay for further 9 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading the Kenya Airways (KQ) shares for a further nine…
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LG to wind up smartphone business, completely withdraw from market
LG Electronics, South Korea’s second-largest appliance firm after Samsung, is closing down its loss-making mobile phone business, after failing to…
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Oil down 5% as rising OPEC+, Iranian output weighs
Oil fell by more than Ksh. 326.46 ($3) a barrel on Monday as rising supply from OPEC+ and higher Iranian…
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Nairobi business ventures to acquiring stakes, assets in local firms
The listed trading firm, Nairobi Business Ventures has announced that it is in the process of acquiring shareholding and assets…
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Kenyan shilling strengthens further against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar amid subdued demand for the dollar. Inflation rate Year-on-year inflation…
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Kenya exports about Ksh.2.74 billion worth of goods to South Korea
The Fresh Produce Consortium is proposing linking of exporters to markets in a bid to balance the trade deficit between…
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