Business
Equities turnover dips by 72% to Ksh.464.4 million
August 28, 2023
Equities turnover dips by 72% to Ksh.464.4 million
The equities market was on a downward trajectory in one week to August 25, with NASI, NSE 20, and NSE…
Family Bank doubles investment to provide technical skills training for 2000 youth
August 25, 2023
Family Bank doubles investment to provide technical skills training for 2000 youth
Over 2000 youth are set to benefit from technical and vocational training in construction through an additional Ksh.60 million investment…
Government securities – What does the trend mean for your business?
August 25, 2023
Government securities – What does the trend mean for your business?
Throughout the year, investors have shown a preference for the short-end. Treasury has only managed to attract uptake of long-term…
Kenya Eurobonds:Â What we know so far
August 21, 2023
Kenya Eurobonds:Â What we know so far
In the week to August 19, the yields on Eurobonds were on an upward trajectory, with the yield on the…
More pain as Shilling value falls 0.4% against US Dollar
August 21, 2023
More pain as Shilling value falls 0.4% against US Dollar
The Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.144.2 from Ksh.143.6 recorded the…
T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper
August 21, 2023
T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper
The Treasury Bills (T-Bills) were oversubscribed for the second week, with the subscription rate coming in at 186.2%, albeit lower…
IMF throws its weight behind Ruto’s fuel stabilisation mechanism
August 18, 2023
IMF throws its weight behind Ruto’s fuel stabilisation mechanism
President William Ruto’s fuel stabilisation mechanism received weighty support Friday amidst confusion about the return of fuel subsidy programme. Speaking…
African currencies under pressure on continued higher US interest rates
August 18, 2023
African currencies under pressure on continued higher US interest rates
Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on imports Since the…
Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
August 18, 2023
Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday
August 18, 2023
Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday
Bitcoin slipped sharply on Thursday evening, tumbling by as much as 9 percent to just over $26,000. The cryptocurrency last…