AFRICAN MARKETS
NSE Falls 1.2% as Blue Chips Drag Market Lower
The Nairobi Securities Exchange (NSE) closed today’s session in the red despite increased trading activity. The Nairobi All Share Index...
BUSINESS NEWS
JKIA Planned Expansion Signaling a Bold New Chapter
Jomo Kenyatta International Airport (JKIA), Kenya’s international gateway and a critical regional aviation hub, is set for a massive transformation....
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
COMESA Clears Vodacom to Raise Safaricom Stake to 55%
The COMESA Competition and Consumer Commission (CCCC) has cleared Vodacom Group to acquire an additional 15% stake in Safaricom PLC....
GLOBAL MARKETS
Oil Surges as Conflict Disrupts Shipping Through the Strait of Hormuz
Oil prices rose for the third consecutive day on Tuesday, driven by escalating conflict between the United States and Israel...
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
JKIA Planned Expansion Signaling a Bold New Chapter
Jomo Kenyatta International Airport (JKIA), Kenya’s international gateway and a critical regional aviation hub, is set for a massive transformation. As the hub for Kenya Airways (KQ) and a major transit hub for various international...
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NSE Falls 1.2% as Blue Chips Drag Market Lower
The Nairobi Securities Exchange (NSE) closed today’s session in the red despite increased trading activity. The Nairobi All Share Index (NASI) declined by 1.2% settling at 212.81 points, weighed down by losses in blue-chip stocks...
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COMESA Clears Vodacom to Raise Safaricom Stake to 55%
The COMESA Competition and Consumer Commission (CCCC) has cleared Vodacom Group to acquire an additional 15% stake in Safaricom PLC. The regional competition watchdog noted that the proposed transaction will not alter the structure of...
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KQ and TUI Join Forces to Launch KQ Holidays, Enhancing Year Round Travel to Africa
Kenya Airways (KQ), the national carrier, has announced a strategic partnership with European-based TUI Airline Holidays, a subsidiary of the global TUI Group, a move that seeks to enhance KQ’s tourism offerings. The collaboration was...
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Oil Surges as Conflict Disrupts Shipping Through the Strait of Hormuz
Oil prices rose for the third consecutive day on Tuesday, driven by escalating conflict between the United States and Israel and Iran, along with emerging threats to maritime security in the Strait of Hormuz. These...
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