AFRICAN MARKETS
NSE Records Mixed Weekly Performance as Trading Activity Jumps 92%
The Nairobi Securities Exchange (NSE) closed the week in the green territory, with the Nairobi All Share Index (NASI) rising...
BUSINESS NEWS
NSE Trading Slumps as NASI Declines to 208.20
The Nairobi Securities Exchange (NSE) ended the session on May 11, 2026, on a weaker footing, with the Nairobi All...
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
Treasury Allocates KES 1.1 Billion to Consolidated Bank Recapitalization
Tier III lender Consolidated Bank of Kenya expects a fresh capital injection by June 30, 2026, from the National Treasury...
GLOBAL MARKETS
Oil Prices Rebound as US – Iran Ceasefire Negotiations Stall
Oil prices rose on Tuesday after U.S. President Donald Trump indicated that the ceasefire efforts involving Iran were in a...
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
Treasury Allocates KES 1.1 Billion to Consolidated Bank Recapitalization
Tier III lender Consolidated Bank of Kenya expects a fresh capital injection by June 30, 2026, from the National Treasury following the allocation of KES 1.125 billion in the 2026/2027 draft programme-based budget to strengthen...
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SBM Bank Kenya Bolsters Capital Base Ahead of New CBK Requirements
Mauritius-based SBM Holdings injected an additional KES 405 million into its Kenyan subsidiary, SBM Bank Kenya, during the financial year ended December 2025 as the lender intensified efforts to meet the Central Bank of Kenya’s...
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Oil Prices Rebound as US – Iran Ceasefire Negotiations Stall
Oil prices rose on Tuesday after U.S. President Donald Trump indicated that the ceasefire efforts involving Iran were in a fragile state. His remarks came after he dismissed Tehran’s counterproposal aimed at ending the conflict,...
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NSE Trading Slumps as NASI Declines to 208.20
The Nairobi Securities Exchange (NSE) ended the session on May 11, 2026, on a weaker footing, with the Nairobi All Share Index (NASI) shedding 0.7% to close at 208.20 points. This decline reversed momentum from...
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Airtel Challenges Rivals With Sh5.6 Billion Tatu City Data Center Project
Airtel Africa is investing Sh5.68 billion ($44 million) in Tatu City to construct what is expected to become East Africa’s largest hyperscale data center. As Africa’s digital economy accelerates, the battle for technological dominance is...
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