AFRICAN MARKETS
NSE Market Report 01 April 2025: Turnover Jumps 82%
The Nairobi Securities Exchange (NSE) had a highly active trading session today on Tueaday, with significant improvements across key metrics
BUSINESS NEWS
Five Kenyans among 100 Rise Global Winners
Schmidt Futures, in partnership with the Rhodes Trust, have today announced the second cohort of 100 Rise Global Winners, five...
ASIAN MARKETS
Asian Stocks Down As Thailand Suspends Trading
Kospi, the benchmark index in South Korea sank 1.9% to 2,557.98 during Asian Stock market hours, with Hyundai Motor Co....
CORPORATE NEWS
I&M Group Delivers Strong FY2024 Results as Diviend Rises to KES 3.00
I&M Group PLC reported exceptional financial performance for the fiscal year ending December 31, 2024, with significant growth across key...
GLOBAL MARKETS
US Stock Market Sinks as Tariff Tensions Overshadow Economic Data
US stocks took a heavy blow on Thursday as investors reacted with alarm to the latest developments in President Donald...
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’s Inflation Remains Unchanged at 3.8% in June 2025
In the month of June 2025, Kenya’s inflation print was recorded at 3.8%, unchanged from May 2025, and a decline of 80 basis points relative to June 2024. Core inflation was 3.0% in June 2025...
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CMA Expands Kenya’s Fund Market with New Multi-Currency Schemes
FCPA Wycliffe Shamiah, Chief Executive Officer of CMA, emphasized that collective investment schemes continue to attract robust interest, with total assets under management now exceeding KES 500 billion.
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EPRA’s July Review: Fuel Prices Surge Amid Global Tensions
Kenya’s reliance on imported petroleum products leaves it vulnerable to such global shocks, pushing EPRA to hike prices based on global shifts.
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Fintrust Securities Joins NSE in Push to Deepen Fixed-Income Trading
Fintrust’s entry into the ASD framework enables the firm to actively engage in bond trading on the NSE platform, aligning with efforts to enhance market liquidity, transparency, and investor inclusivity.
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CAK to Scrutinize Digital Lenders on Consumer Exploitation Claims
For the first time, the Competition Authority of Kenya (CAK) has been compelled to seriously get to the bottom of digital lenders following a blow-up of cases of consumer exploitation. High interest rates, short repayment...
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