AFRICAN MARKETS
NSE Records Sharpest Weekly Loss as Market Cap Falls KES 231B
The Nairobi Securities Exchange (NSE) closed the 13th week of the year in the red, recording broad-based losses across all...
BUSINESS NEWS
President Ruto Appoints 7 to the National Infrastructure Fund Governing Council
President William Ruto has officially appointed the Governing Council of the newly established National Infrastructure Fund (NIF). This move follows...
ASIAN MARKETS
Asian Markets Rise as Japan’s Nikkei Surges to Record High on Takaichi’s LDP Takeover
Bond markets responded across Asian Markets with upward pressure on yields. Japan’s 30-year government bond yield rose over 10 basis...
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CORPORATE NEWS
Standard Group Confirms Chaacha Mwita as CEO Effective April 1, 2026
Standard Group PLC has appointed Mr. Chaacha Mwita as the substantive Chief Executive Officer (CEO) of the company, effective April...
GLOBAL MARKETS
Oil Prices Spike over 11% as Strait of Hormuz Remains Closed
On Thursday, US WTI Crude oil futures settled more than 11 percent higher to the highest level in four years while...
CRYPTO CURRENCIES
United Nations Urge Kenya Implement Cryptocurrencies Tax Regulations.
The UN trading agency also directed that banks and related organizations should be advised not to hold cryptocurrencies and related...
LATESTNEWS
Oil Prices Spike over 11% as Strait of Hormuz Remains Closed
On Thursday, US WTI Crude oil futures settled more than 11 percent higher to the highest level in four years while Brent crude surged nearly 8 percent higher amid volatile trading, as market participants grew increasingly...
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CBK Treasury Bills Remain Undersubscribed for the 2nd Week Despite Improved Investor Uptake
The Central Bank of Kenya (CBK) Treasury Bills auction was undersubscribed for the second consecutive week, receiving KES 17.0 billion in bids against an offer of KES 24.0 billion, translating to a performance rate of...
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CAK Raids 6 Foam Mattress Firms Over Price Fixing Allegations
The Competition Authority of Kenya (CAK) has intensified its oversight of the foam mattress sector by conducting simultaneous unannounced search operations, commonly known as dawn raids, at the business premises of six major manufacturers and...
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Standard Group Confirms Chaacha Mwita as CEO Effective April 1, 2026
Standard Group PLC has appointed Mr. Chaacha Mwita as the substantive Chief Executive Officer (CEO) of the company, effective April 1, 2026. The appointment follows Mr. Mwita’s service as the company’s acting CEO since July...
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President Ruto Appoints 7 to the National Infrastructure Fund Governing Council
President William Ruto has officially appointed the Governing Council of the newly established National Infrastructure Fund (NIF). This move follows the enactment of the National Infrastructure Fund Act, 2026, and marks the operationalization of a...
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