Markets
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CMA goes hard on entities seeking to raise capital from the public
The Capital Markets Authority (CMA) has issued tough rules on entities seeking to raise funds from members of the public…
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Mumias Sugar placed under receivership by KCB Group over debt
KCB Group has placed the Mumias Sugar Company under receivership following the execution of a lenders agreement deed dating back…
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CBK says it will not extend 30th September deadline for withdrawal of old KSh.1000 notes
You have until 5 pm on Monday to hand in any old 1000 shilling notes in your possession or else…
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CBK retains base lending rate at 9% for the 16th straight month
The Central Bank of Kenya (CBK) has retained the base lending rate at nine percent for the 16th consecutive month…
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Mombasa Port on track to handling 1.4m containers by end year
The port of Mombasa is on track to achieve its target of 1.4 million containers by the end of the…
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EAPC fires its managers in cost cutting restructuring plan
East Africa Portland Cement Company (EAPC) issued 136 supervisors and managers dismissal notices last week in a cost-cutting restructuring plan. …
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Bank of Japan leaves policy unchanged after FED rate cut
The Bank of Japan on Thursday warned of increasing downside risks for the global economy but held off on further…
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Asian markets mixed as FED leaves traders seeking more
Asian markets mostly rose Thursday after the Federal Reserve cut interest rates, but, investors were left unsure about its next…
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Kenya Power half year net earnings to drop by 25 P.C
Kenya Power and Lighting Company (KPLC) has issued a notice that its net earnings for the financial year ended June…
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Tala suspends its financial services in Tanzania
Tala, a global digital lending App has announced its decision to suspend operations in Tanzania. MetroplTV Digital desk has learned…
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