AFRICAN MARKETS
NSE on Bullish Momentum as NASI Gains 0.6%
The Nairobi Securities Exchange (NSE) closed today’s session in the green with broad-based gains recorded in major indices. The Nairobi...
BUSINESS NEWS
KBA Intensifies Five-Year Push for 5% PAYE Reduction to Stimulate Economy
The Kenya Bankers Association (KBA) has issued a renewed call for the government to implement a uniform five percent reduction...
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
Asahi Secures East Africa Regulatory Exemptions in US$2.3B EABL Acquisition Deal
Japanese conglomerate Asahi Group Holdings has received regulatory exemption in Kenya, Uganda and Tanzania from making a mandatory takeover offer...
GLOBAL MARKETS
EPRA Announces Sharp Rise in Fuel Prices for May-June Cycle
The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices for the monthly pricing cycle...
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
KBA Intensifies Five-Year Push for 5% PAYE Reduction to Stimulate Economy
The Kenya Bankers Association (KBA) has issued a renewed call for the government to implement a uniform five percent reduction in Pay As You Earn (PAYE) across all income bands. This proposal, detailed in a...
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I&M Bank Tranche 1 Bond Shatters Targets with 232% Oversubscription
I&M Bank Limited has announced the closure of the first tranche of its KES 20 billion Medium-Term Note (MTN) programme, receiving an overwhelming response from investors that resulted in a 232.26% subscription rate. The bank...
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Asahi Secures East Africa Regulatory Exemptions in US$2.3B EABL Acquisition Deal
Japanese conglomerate Asahi Group Holdings has received regulatory exemption in Kenya, Uganda and Tanzania from making a mandatory takeover offer for regional brewer East African Breweries PLC (EABL) following its planned acquisition for Diageo Kenya...
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CBK T-Bills Oversubscribed by 10% as Yields Rise
The Central Bank of Kenya (CBK) Treasury Bills auction was oversubscribed for the second consecutive week, albeit at a lower rate compared to the previous week. The CBK received KES 26.41 billion in bids against...
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EPRA Announces Sharp Rise in Fuel Prices for May-June Cycle
The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices for the monthly pricing cycle commencing May 15 and concluding June 14, 2026. According to the latest review, the maximum...
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