AFRICAN MARKETS
Market Report: June 02, 2022
The derivatives exchange the NSE (NEXT) had 6 single stock futures valued at Kes 114,700 transacted during Thursday's trading session.
BUSINESS NEWS
Virtual Pay Obtains a License from CBK to Operate in Kenya
Virtual Pay plans to collaborate with all sector players in the market including banks, nonbank financial institutions, major card schemes,...
ASIAN MARKETS
Chinese Markets Mixed on 9% Industrial Data Jump; Major Asian Markets Close for Holiday.
The U.S. dollar index, which tracks the greenback against a basket of its peers in Asia, was at 96.158 after recently...
CORPORATE NEWS
Centum Securities Returns Gain to 14% Despite Company’s Cut in Equities Exposure
According to Centum's annual report, the MSP portfolio of cash securities, which is managed by Centum's asset management subsidiary Nabo...
GLOBAL MARKETS
Oil Prices Soar as Iran fires missiles at Israel
The specter of a prolonged conflict in the Middle East has sent shockwaves through global energy markets, bolstering oil prices.
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
Kenya Airways Plc Posts First Profit in 11 Years at KES 5.4 Billion
Kenya Airways Plc (KQ) on Tuesday posted a remarkable turnaround in its financial performance for the Financial Year ending December 31, 2024. The airline posted a profit after tax of KES 5.4 billion, marking a...
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NSE Market Report: 25 March 2025 – Trading Volume Surges
During today's trading session on the Nairobi Securities Exchange (NSE) saw a trading session marked by mixed results across various sectors. Despite gains in select stocks, others faced significant losses, reflecting varied investor sentiment. The...
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Asian Markets Down Despite Trump’s Offer on Tariff Breaks
Analysts attributed the downturn in Asian Markets to cautious profit-taking as expectations of continued volatility loomed large.
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KCB Group Acquires 75% Stake in Riverbank Solutions
Riverbank Solutions has been a trusted partner of KCB since 2013, providing agency banking solutions.
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NCBA Hosts Women Entrepreneurs’ for an Empowerment Dinner
NCBA last evening hosted an exclusive dinner at Allen Hotel, Kapsabet, Nandi County, to reaffirm its commitment to supporting women entrepreneurs and strengthening stakeholder relationships. Nandi County’s economy is largely driven by agriculture, with key...
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