Kenyan Wallstreet

9 Jun 2022 - Nigeria’s top lender, Access Bank, will acquire majority stake in Sidian Bank from Centum Investments for Ksh4.3 billion ($36.8 million), two years after it

9 Jun 2022 - Lawmakers have moved to avert a looming economic crisis by adding the Ministry of Petroleum and Mining Sh15 billion to fund the fuel subsidy programme.

9 Jun 2022 - India’s central bank raised the key interest rate for a second straight month and pledged to withdraw the pandemic-era accommodation as it steps up its fight

8 Jun 2022 - On May 26, 2022, Tether expanded its stablecoin offering to include MXNt in the Ethereum, Tron, and Polygon networks, a currency pegged to the Mexican Peso.

8 Jun 2022 - The National Assembly has agreed to raise Kenya's debt ceiling to Ksh 10 trillion from the current Ksh 9 trillion in what is aimed at giving the National

8 Jun 2022 - European officials agreed to the text of a proposed law imposing a standard charger for smartphones, tablets and laptops , in a blow to Apple

8 Jun 2022 - The World Bank on Tuesday slashed its global growth forecast and warned that many countries could fall into recession as the economy slips into a period of

8 Jun 2022 - The world bank has projected Kenya’s real gross domestic product (GDP) will grow by 5.5 per cent in 2022 and 5.2 per cent on average in 2023–24.

8 Jun 2022 - South Africa’s gross domestic product grew by 1.9 per cent in the first quarter, returning the continent’s most industrialised economy to pre-pandemic levels.

7 Jun 2022 - (EASA), a certification and regulatory body that covers airlines that operate in Europe, has revoked a licence it had granted Kenya Airways (KQ)

7 Jun 2022 - Thailand's headline inflation rose at a much faster pace than expected in May, hitting a high of nearly 14 years on soaring energy prices and the end of some

7 Jun 2022 - Kenya’s business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Purchasing Managers’ Index

7 Jun 2022 - Tanzania has reversed a controversial decision to lift a ban on wildlife exports that sparked outrage in the East African country.

7 Jun 2022 - Ethiopia’s central bank on Monday told its citizens not to engage in “illegal” transactions in digital currencies.

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6 Jun 2022 - Pwani Oil Products Limited, the makers of popular household cooking oils-Freshfri, Salit, and Fry Mate, has shut down its plant for the time being. It blames

6 Jun 2022 - Tea prices at the Mombasa auction held below the set minimum price as demand remains subdued at the weekly trading with the onset of summer in key export

6 Jun 2022 - The African Development Bank (AfDB) is set to lend Ksh 17.5 billion towards the construction of the Nairobi-Nakuru highway, making it one of the ten

6 Jun 2022 - Nigeria has shelved plans to raise about $950 million selling overseas bonds, owing to unfavourable market conditions during the time frame approved for the

6 Jun 2022 - Members of Parliament have endorsed a proposal to amend the proposed amendment to Finance Bill 2022 to slash the Value Added Tax on LPG gas from 16 per cent

6 Jun 2022 - Angola’s biggest lender Banco BAI raised 40.1 billion kwanzas ($94 million) from the sale of 10% of its shares in the oil-producing African nation’s

5 Jun 2022 - KCB Group has headhunted Rosemary Kimwatu Koech as its Group Data Protection Officer, leaving her position at Safaricom as its public officer manager.

5 Jun 2022 - NSE Shareholders resolved that the payment of a first and second special dividend of KSh 0.50 per share each, resulting in a total special dividend of KSh

5 Jun 2022 - KCB Group Plc held its 51st Annual General Meeting(AGM) on 3rd June 2022, where shareholders re-elected Lawrence Njiru and Andrew Kairu (Chairman of the KCB

4 Jun 2022 - NSE Equity Turnover fell by 44.99% to KSh 2,326.78m from KSh 4,229.40m in the preceding week. The bonds market decreased by 25.82% to close the week at KSh

4 Jun 2022 - CBK(Central Bank of Kenya) Governor Dr Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a

3 Jun 2022 - Tanzania has registered 3.2 million more, mobile money subscribers, in the first quarter of 2022, indicating growth in financial inclusion.

3 Jun 2022 - The Angaza Awards Women to Watch in Banking & Finance program will on 8 June celebrate the 2022 list of Top 10 women who are steering and shaping Africa’s

3 Jun 2022 - Kenya is set to receive Sh19.8 billion ($170 million) loans from the African Development Bank (AfDB) this year.

3 Jun 2022 - Uganda increased interest rates for the first time since October 2018 to counter accelerating inflation and support the weakening shilling.

3 Jun 2022 - Egyptian bus-hailing service Swvl has announced plans to shut its intra city rides in the country effective Friday, June 3, citing tough economic times.

3 Jun 2022 - Sri Lanka’s headline inflation surged to a record in May amid continuing food and fuel shortages as the country struggles to lift itself out of its worst

2 Jun 2022 - Safaricom and Visa, the global leader in digital payments, today introduced the first M-PESA GlobalPay Visa Virtual card. The launch of the new M-PESA Visa

2 Jun 2022 - The history of the modern cryptocurrency is relatively easy to identify—in 2009, Bitcoin was born, which was the origin of thousands of other cryptocurrencies

2 Jun 2022 - The African Development Centre (ADC), Microsoft’s premier engineering hub, has announced the appointment of Catherine Muraga as its Managing Director

2 Jun 2022 - The National Treasury issued a Sh7.05 billion subsidy to KPLC to allow it to cut electricity bills by a further 15 per cent.

2 Jun 2022 - Tanzania has reduced the cost of fuel effective Wednesday following the Tsh100 billion ($43 million) fuel subsidy the government announced last month.

2 Jun 2022 - Kenya has signed seven bilateral agreements with Sierra Leone aimed at enhancing relations between the two countries.

2 Jun 2022 - South Africa will extend a fuel subsidy by two months to help cushion consumers and businesses against the impact of rising crude prices stemming from

2 Jun 2022 - Express Kenya losses rose to KSh 82.9m in 2021 from a net loss of KSh 30.7m in 2020, according to the company’s annual report and consolidated financial

1 Jun 2022 - Kenya’s inflation accelerated to a new record of 7.1 per cent in May as the cost of food and beverages continues to rise sharply partly affected by the war in

1 Jun 2022 - SeamlessHR provides end-to-end HR software that helps companies effectively manage their entire human resource and payroll processes.

31 May 2022 - The EU ban on Russain importers is expected to impact fuel prices in Kenya in months to come if oil prices keep rising.

31 May 2022 - Germany's consumer prices increased to 8.7% from 7.8% a month earlier, well ahead of expectations for 8%, data from the Federal Statistics Office showed.

31 May 2022 - Sanlam Kenya narrowed its loss to Sh542 million in 2021 compared to a loss of Sh626million in 2020 majorly attributed to increased premium income.

31 May 2022 - Kenya’s national carrier, Kenya Airways (KQ) has announced that it will implement an exclusively cashless system effective June 1 2022 at the Moi

31 May 2022 - If you've ever been in a situation that needed financial assistance immediately, then you know how important it is to set up an emergency fund.

31 May 2022 - The East African Breweries Plc (EABL) has commissioned the construction of a Sh1billion microbrewery that will serve as an innovation centre for alcoholic and

31 May 2022 - Safaricom Investment Co-operative plans to construct a KSh 750 m housing project in Ruaka, Kiambu. The Miran Residence is a three-acre urban development that

31 May 2022 - Kenya Association of Manufacturers(KAM) has raised the red flag over the shortage of US dollars in the market and the impact on local industries.