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
Kenya’s $1 Billion Microsoft Data Center Gone Dark
Kenya’s ambition to position itself as Africa’s leading technology hub has encountered a significant setback after plans for a proposed...
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
Stanbic Q1 Earnings Rise as Balance Sheet Grows to KES 551.7 Billion
Stanbic Bank Kenya has reported its financial results for the first quarter of 2026, showcasing a resilient performance with a...
GLOBAL MARKETS
Oil Prices Surge as Middle East Tensions Escalate
Oil prices surged on Monday following a warning from Israeli Prime Minister Benjamin Netanyahu that the confrontation with Iran remains...
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
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 2.1% to 209.65 points from 205.34 points in the previous week. The rally was driven...
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Safaricom’s Stake Sale Delay Yeilds Gains of KES 16.1Bn to the State
Delays in the Kenyan government’s planned sale of its 15 percent stake in Safaricom to South Africa’s Vodacom, resulting from pending legal proceedings, are expected to yield the Treasury an unexpected gain of Sh16.1 billion...
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Oil Prices Surge as Middle East Tensions Escalate
Oil prices surged on Monday following a warning from Israeli Prime Minister Benjamin Netanyahu that the confrontation with Iran remains “not over.” This statement has intensified concerns that hostilities in the Middle East may resume,...
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Investor Appetite Returns as CBK T-Bills Record 122.6% Subscription
The Central Bank of Kenya (CBK) Treasury Bills auction was oversubscribed in the 19th week, bringing to an end a three-week streak of undersubscription. The auction attracted KES 29.42 billion against an offer of KES...
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KNBS and CBK Set to Launch 2026 Surveys Mapping Kenya’s Shadow Economy
The Kenya National Bureau of Statistics (KNBS) and the Central Bank of Kenya (CBK) have joined forces for the 2026 Other Financial Corporations Survey (OFCs). While banks often dominate the headlines, this survey targets the...
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