Markets
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NSE 20-Share Index falls below 2,500 points as bear run deepens
The Nairobi Securities Exchange (NSE) 20-Share Index slipped below 2,500 points Wednesday, deepening the bear run at the bourse as…
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Co-op Bank posts a Ksh.7.5 bn profit in its half year results
The Cooperative Group has announced a 5.6% jump in its half-year earnings to Ksh.7.5 billion. The marginal rise in net…
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Sanlam Kenya Posts Sh639.7M profit in its 2019 half year results
The Nairobi Securities Exchange (NSE) listed firm has returned a Sh639.7 million after-tax profit for the six-month period ending June…
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“Revise Interest capping law” Parliament asked.
Commercial Banks now say if parliament will not repeal the interest rate capping law, it should at least widen the…
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Kenya Bankers Association Strategic Plan.
The Kenya Bankers Association has raised concerns over increased non-performing loans in the banking sector. According to a report released…
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NSE 2019 Half Year Market Review And Outlook Briefing
The Nairobi Securities Exchange CEO Geoffrey Odundo has fears that the bourse is currently experiencing a windstorm based on the…
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Why non- performing loans are still a problem in the banking sector
The Kenya Bankers Association (KBA) has raised concerns over increased cases of non-performing loans in the banking sector. According to…
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Family Bank’s pretax profit up by 257% to KSh. 520.9 million
Family bank recorded a near four-fold increase in its profitability to post a pre-tax profit of Ksh. 520.9 million during…
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Tullow oil Kenya to contribute Ksh.154 billion in revenue by 2022
Tullow oil anticipates that oil production will contribute around Ksh154 billion in revenue once the Early Oil Pilot scheme moves…
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Stock market report and NSE Closing Numbers
A slight improvement in share prices was seen at the close of the Nairobi Securities Exchange on Monday afternoon with…
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