Markets
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Kenya’s private sector activity dropped to a 3-month low in August
Kenya’s private sector activity dropped in August to its lowest level since May, with cash flow problems hurting performance, according…
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Equity Taps World Bank Expatriate As It Gears Up For Pan African Expansion
Equity bank has named John Wilson As its group’s Chief Operating Officer. Wilson, who has been the head of financial…
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Telkom accuses Safaricom over its delayed merger with Airtel
Telkom has blamed rival Safaricom over its delayed receipt of requisite approvals from the Communications Authority (CA) in its quest…
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Tanzania to build Ksh27.5 bn 3.2km Bridge on Lake Victoria
Tanzania has signed a deal to construct a 3.2km long bridge on Lake Victoria, a project that will cost approximately…
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CMA in search of new boss as Paul Muthaura exits
Capital Markets Authority (CMA) has announced the start of the process to find its new Chief Executive Officer as the…
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How to Plan for your Future Using a Money Market Fund
When you are young, planning for the future can appear unnecessary because, well, the future is so far away. However,…
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CBK approves 100 PC acquisition of NBK by KCB
Central Bank of Kenya (CBK) has approved the acquisition of 100 percent of National Bank of Kenya’s shareholding (NBK) by…
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Safaricom’s market valuation exceeded 50 PC of Ksh2.2 trillion stock market.
Kenya’s telco giant Safaricom has been noted to dominate all listed companies at Nairobi Securities Exchange (NSE) with a new…
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NBK records a Ksh150M net profit in its half year results
National Bank of Kenya (NBK) has recorded a Ksh150 million half year net profit for the year ending June 30,…
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SWVL invests Ksh1.5 billion into Kenya’s transport system
Shuttle-hailing firm SWVL has announced plans to invest Ksh1.5 billion ($15 million) into Kenyan transport operations. The start-up will enable…
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