AFRICAN MARKETS
NSE Market Report: Trading Activity Slows, Unga Tops Gainers as AMAC Plunges 16%
Market indices showed mixed performance, with the benchmark NSE All Share Index (NASI) inching up by 0.01 points to close...
BUSINESS NEWS
M-Pesa and EthSwitch Link Millions to Seamless Payments in Ethiopia
Elsa Muzzolini, CEO of M-Pesa Ethiopia, described the integration with EthSwitch as a significant step toward a more connected and...
ASIAN MARKETS
Asian Markets Slip as Geopolitical Concerns Sway Investors
Asian Markets were down on Monday as traders anticipatied fresh tariffs from U.S. President Donald Trump later in the week.
CORPORATE NEWS
Victoria Commercial Bank Secures USD 7.5 Million Green Financing Facility to Support SMEs in Transition to a Low-Carbon Economy
Victoria Commercial Bank is fully committed to aligning its lending with Kenya’s Green Finance Taxonomy (KGFT), introduced by the Central...
GLOBAL MARKETS
Oil Prices Flat as Oversupply and Weak Demand Cap Market Momentum
Oil prices were largely unchanged early Thursday, stabilizing after a two-week low in the previous session. Brent crude futures edged...
CRYPTO CURRENCIES
Bitcoin Hits a New All Time High Above $66K After Successful Launch of U.S ETF
Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a new all-time high above $66,000, marking a full recovery...
LATESTNEWS
NSE Eyes 4 Global Virtual Asset Listings as CMA Pushes for Market Expansion
In a significant move to position Kenya as a global digital finance hub, the Capital Markets Authority (CMA) is in advanced discussions with major international technology companies dealing in virtual assets such as Bitcoin to...
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M-PESA Accelerates Growth with KES 20 Trillion Transaction Value, Revenue Jumps 14% in HY26
Safaricom Plc’s mobile money platform, M-PESA, recorded a total transaction value of KES 20.2 trillion in the six months ended September 2025, up 5.0% from KES 19.2 trillion in the same period the previous year....
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PMI Rises to 52.5 as Kenya’s Private Sector Gains Momentum in October 2025
According to the Stanbic Bank Kenya Purchasing Managers’ Index (PMI), business in the Kenyan private sector expanded in October 2025 recording the highest reading since February 2022 and a 1.2 percent increase at 52.5 from...
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World Bank Withholds KES96.9 Billion Loan Over Fiscal and Governance Reforms
The freeze on World Bank funding might force the Kenyan government to prioritize spending, delay infrastructure projects, or introduce new taxes.
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Safaricom PLC HY 2026 Revenue Soars Past KES 200 Billion, Eyes Ethiopia Breaking Even by FY 2027
Safaricom PLC, East Africa's most valuable company by market capitalization, has reported its results for the half year period ended 30th September 2025. Group-wide service revenue was up by 11.1% YoY to KES 199.9 billion,...
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