- Kenya Association of Manufacturers (KAM) has raised concern over a looming food shortage crisis should the ongoing shortage of maize and wheat in the country
- KCB Group PLC on Wednesday released its first quarter financial results with profit after tax surging 54.6% to KSh 9.9 billion. The bank said the growth was
- TotalEnergies said it has agreed to buy 50% of Clearway Energy Group, the fifth-largest renewables company in the United States, marking the French group's
- Absa Bank Kenya PLC has on Wednesday released its financial results for the first quarter of 2022 posting a 22% growth in Profit after Tax to Ksh 3 billion.
- India has imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 10 million tonnes, a government order
- Ethiopian Airlines and Boeing Inc. have announced that the carrier is further expanding its all-Boeing freighter fleet with an order for five 777 Freighters.
- NSE Daily Equity Turnover declined to KSh 581 million from the previous session’s KSh 2.3 billion. The volume of shares sold at the bourse stood at 16 million
- Sidian Bank recorded an increase in net profit to KSh 117.4 million at the end of the first three months of the year compared to KSh 113.9 million in Q1 2021,
- Kenswitch Kenya Limited and Absa Bank Kenya Plc have signed a partnership that will allow the bank's customers to access over 2200 ATMs on the Kenswitch
- African Alliance, a South African-based Group, has notified the Capital Markets Authority(CMA) of its intention to cease the operation of its investment
- Tanzania has admitted its current account is hurting after it registered a deficit of $1.31 billion in the first three months of 2022, compared with the $352
- The Serum Institute of India (SII), the world's biggest vaccine maker, is considering setting up its first manufacturing plant in Africa as it looks to expand
- Nigeria’s central bank unexpectedly raised its benchmark interest rate for the first time in six years to curb accelerating inflation and boost portfolio
- Kenya’s mobile money use hit a new high of Sh1.82 trillion in the first quarter of 2021 as businesses fully recover from the effects of the Covid-19 pandemic,
- IMF leaders warned that growing pressures undermining global integration, including an increase in trade barriers, threaten economic growth worldwide.
- Untapped Global has announced the close of a $10.3 million round in form of debt and equity pre-seed. The company said it will use the funds to launch its
- NSE Daily Equity Turnover rose significantly to KSh 2.3 Billion from the previous day’s KSh 447 million, boosted by the sale of Stanbic shares, which saw the
- Tanzania will spend TSh468 billion to acquire new aircraft for its national carrier Air Tanzania in the coming financial cycle. This disclosure was made by
- Uganda has introduced an electronic passport for its citizens, becoming the first country in East Africa to do so. Those who are yet to acquire the e-passport
- DTB( Diamond Trust Bank) Group recorded a net profit of KSh 2.2 billion at the end of the first three months of this year compared to KSh 1.9 billion over a
- I&M Group Plc recorded an increase in Net profit of KSh 2.7 billion in Q1 2022 compared to KSh 1.9 billion over a similar period in 2021, an increase of
- Joshua Oigara, Chief Executive Officer and Managing Director of Kenya Commercial Bank (KCB) Group is stepping down at the end of May 2022, after serving for
- Central Bank of Kenya(CBK) has floated an 18-year Infrastructure bond worth KSh 75 billion. The Government intends to use this auction proceeds to fund
- Ghana's central bank has raised its main interest rate by 200 basis points to 19% to control inflationary pressures and promote macroeconomic stability,
- Kenya Airways (KQ) has suspended ticketing services in Malawi over the country’s biting dollar shortage crisis. As a result, passengers travelling from Malawi
- Individual income tax collection from employment, rent, business, interests, and dividends grew for the first time by a third since the onset of the Covid-19
- Equity Bank has introduced its Equity Virtual Assistant (EVA), the Bank’s chat banking platform on social media platforms including WhatsApp, Facebook
- Kenya is set to roll out a grant telemedicine program across the country to improve access to healthcare, particularly in remote and marginalized regions.
- Nairobi Securities Exchange( NSE) began the week with 13million shares valued at KSh 447million, against 7.95million shares valued at Kes.273million posted on
- The Celo Foundation, a non-profit US-based organization that supports the growth and development of the open-source cryptographic networks has released its
- Nairobi Central Railway Station project designs have been completed by Atkins UK on behalf of Kenya Railways Corporation and the Ministry of Transport.
- Nairobi Securities Exchange(NSE) Weekly Equity Turnover stood at KSh 1.64billion on 54.8million shares when trading ended at the bourse last week, against KSh
- Central Bank of Kenya(CBK) received bids worth KSh 17 billion at the May Treasury Bonds tap sale out of the advertised amount of KSh 10 billion and accepted
- Equity Group has invested KSh400 million in establishing a subsidiary that will run its insurance business as the listed firm seeks to diversify from the
- Whether you are just a beginner in investments or you have been in the game for a long time, there are certain fundamental rules and principles that you need
- Kenyans living abroad sent home KSh41.35 billion in April (diaspora remittances), a KSh700 million drop compared to the KSh42.05 billion sent in March.
- Airtel Africa Plc has recalled $505 million bonds and sold off telecommunication towers in Malawi, Madagascar and Tanzania for a total consideration of $284
- Kenya's Horticulture exports earnings dropped by KSh20 billion in the first quarter of this year, attributed to low-quality avocados and a sharp fall in
- Kenya’s debt repayments towards infrastructure projects funded by China have more than doubled to KSh73.48 billion the current financial year, attributed to
- Regional micro-financier Platinum Credit is set to get a Sh5.2billion ($45 million) loan from the International Finance Corporation (IFC) to support the
- The African Development Bank (AfDB) has announced a $1.5-billion fund to boost grain production to help avert potential food shortages stemming from Russia’s
- The Ministry of Tourism & Wildlife has launched a new strategy Dubbed “the new vision for Kenya’s tourism” that seeks to diversify the country’s tourism
- Kericho County government has signed a deal with Stanbic Bank to offer financial support to Small and Medium Enterprises (SMEs) to grow their businesses in
- Bitcoin Pizza Day is celebrated on 22nd May to commemorate the early adopters who used Bitcoin to pay for Pizza marking first time it was used to buy goods
- The International Monetary Fund (IMF) has agreed to delay the deadline, by at least three months, for Somalia’s credit facility in a move which could free up
