Business
Investors Heavily Shun 182, 364-day T-Bills Even as Shilling Holds Steady
October 19, 2023
Investors Heavily Shun 182, 364-day T-Bills Even as Shilling Holds Steady
Investors opted for short-term Treasury Bills which saw 91-day paper oversubscribed by 588.9% in the latest auction results.The Central Bank…
Rwandan Bank Stocks Up 1.4% After Crossing to NSE20 Index
October 19, 2023
Rwandan Bank Stocks Up 1.4% After Crossing to NSE20 Index
Bank of Kigali (BK Group) finished among the top gainers on the Nairobi Securities Exchange (NSE) Thursday having gained 1.4%.It…
Safaricom’s Report On its First Half, 2024 Results
October 19, 2023
Safaricom’s Report On its First Half, 2024 Results
Safaricom PLC will report the first half of 2024 results on November 09, 2023.It’s the first publicly listed company on…
Bolt Lovers in Kenya to Pay More for Rides on Rising Fuel Costs
October 19, 2023
Bolt Lovers in Kenya to Pay More for Rides on Rising Fuel Costs
Ride-hailing App Bolt has revised its fares in response to the surge in fuel costs, adding more pain to the…
Sugar Price in Kenya Surge Raising Concern
October 19, 2023
Sugar Price in Kenya Surge Raising Concern
Sugar prices are soaring in Kenya, causing widespread concerns among consumers and local businesses as sugar is one of the…
Safaricom Stocks down 1% to close Day at Ksh.13.8
October 18, 2023
Safaricom Stocks down 1% to close Day at Ksh.13.8
Safaricom Plc stocks fell by 1% after the bell rang Wednesday to close at Ksh.13.8 per share.Data shows volume traded…
Amazon Sets Date to Open $225MN First Online Shop in Africa
October 18, 2023
Amazon Sets Date to Open $225MN First Online Shop in Africa
U.S. e-commerce firm Amazon announced it will launch its online shopping service in South Africa in 2024, entering a market…
The late Chris Kirubi’s Children gain $1.3 million from stake in Centum
October 18, 2023
The late Chris Kirubi’s Children gain $1.3 million from stake in Centum
The late Chris Kirubi’s children Robert Kirubi and Mary-Ann Musangi, have witnessed a significant increase of more than $1.3 million…
Family Bank Puts on Offer 800MN News Shares to Raise Ksh.10BN
October 18, 2023
Family Bank Puts on Offer 800MN News Shares to Raise Ksh.10BN
Family Bank received formal approval from shareholders Wednesday to offer up to 800 million new shares through a rights issue.This…
KRA collects Ksh.3.4 billion from Tax Amnesty Programme
October 18, 2023
KRA collects Ksh.3.4 billion from Tax Amnesty Programme
Kenya Revenue Authority (KRA) has so far collected Ksh.3.4 Billion from the ongoing tax amnesty programme.Caroline Rotich, Chief Manager of…