Business
Retired Kenyans in Push to Have Pensions Match Living Cost
October 26, 2023
Retired Kenyans in Push to Have Pensions Match Living Cost
Kenya Association of Retired Officers wants the Salaries and Remuneration Commission (SRC) to review pensions to align this with the…
Kenya’s Locally Assembled Cars Market Share Up 77.6% in Seven Months
October 26, 2023
Kenya’s Locally Assembled Cars Market Share Up 77.6% in Seven Months
Locally assembled vehicles in Kenya had a market share of 77.6% in the first seven months of 2023 when compared…
Treasury Seeks Ksh.50BN in Domestic Market to Finance Projects
October 24, 2023
Treasury Seeks Ksh.50BN in Domestic Market to Finance Projects
The Central Bank of Kenya (CBK) published the prospectus for the November Treasury Bond and is seeking to raise Ksh.50…
KCB’s Market Cap Down 47.2% to Ksh.64.4BN Within a Year
October 23, 2023
KCB’s Market Cap Down 47.2% to Ksh.64.4BN Within a Year
The Kenya Commercial Bank (KCB) share price closed the week ended October 19, 2023, at Ksh.19.90 – a 79-month low.…
Kenya Shilling Edges up 0.04% Against US Dollar
October 19, 2023
Kenya Shilling Edges up 0.04% Against US Dollar
The Kenya Shilling stabilised against the US Dollar at 149.84 units at the close of trading Thursday, representing a 0.04%…
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…
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%.…
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…
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…