AFRICAN MARKETS
NSE Market Performance: NASI Retreats 0.8% as Banking Stocks Drag Index Lower
The Nairobi Securities Exchange (NSE) ended the session on May 4, 2026, on a weaker footing, with the Nairobi All...
BUSINESS NEWS
Inflation in Kenya surges to a two year high at 5.6% in April 2026 amid global turmoil
The era of relative price stability in Kenya came to an abrupt halt in April 2026, as a sudden surge...
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
KCB and Centum Launch Mortgage Plan to Boost Home Ownership
KCB Bank Kenya has partnered with Centum Real Estate to roll out a new mortgage offering aimed at enhancing access...
GLOBAL MARKETS
Oil Prices Decline Amid Renewed US-Iran Tensions and Supply Shortage Concerns
Following a sharp increase on Monday, oil prices declined on Tuesday as traders continued to assess the risk of impending...
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
KCB and Centum Launch Mortgage Plan to Boost Home Ownership
KCB Bank Kenya has partnered with Centum Real Estate to roll out a new mortgage offering aimed at enhancing access to home financing. The offer is anchored on a fixed discounted rate of 8.9% for...
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KMRC Prices KES 3Bn Green Bond at 12.2% as it Seeks Tax Exempt Status to Boost Investor Appeal
The Kenya Mortgage Refinance Company (KMRC) has successfully priced its latest green bond issuance at an interest rate of 12.2 percent per annum for an eight-year term, while simultaneously pursuing a tax-exempt status to enhance...
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Oil Prices Decline Amid Renewed US-Iran Tensions and Supply Shortage Concerns
Following a sharp increase on Monday, oil prices declined on Tuesday as traders continued to assess the risk of impending supply disruptions amid renewed tensions between the United States and Iran. Futures for international benchmark...
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NSE Market Performance: NASI Retreats 0.8% as Banking Stocks Drag Index Lower
The Nairobi Securities Exchange (NSE) ended the session on May 4, 2026, on a weaker footing, with the Nairobi All Share Index (NASI) shedding 0.8% to close at 203.76 points. This decline reversed momentum from...
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Kenya Re Eyes Asset Management Unit in Revenue Diversification Push
Listed reinsurance company Kenya Re plans to venture into the asset management business, an initiative aimed at diversifying its revenue streams, enhancing shareholder value, and expanding into the financial services sector amid earnings pressures. The company...
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