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
I&M Bank to Settle Dollar Debt Using MTN Proceeds Amid FX Pressures
I&M Bank Kenya has disclosed plans to use part of its proceeds from its corporate bond to settle its dollar...
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
Absa Bank Kenya Revamps Asset Financing, Commits KES 100Bn Over Three Years
Tier I lender Absa Bank Kenya has revamped its asset financing programme pledging to deploy KES 100 billion over the...
GLOBAL MARKETS
Oil Prices Extend Decline on Trump’s Indication of Iran Peace Deal
Oil prices recorded a second consecutive decline on Wednesday following President Donald Trump’s announcement that the United States would temporarily...
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
I&M Bank to Settle Dollar Debt Using MTN Proceeds Amid FX Pressures
I&M Bank Kenya has disclosed plans to use part of its proceeds from its corporate bond to settle its dollar denominated debt. The lender has earmarked KES 6.5 billion to fully settle a USD 50...
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Stanbic PMI Edges Up in April 2026 From 47.7 to 49.4 as Price Pressures Hit Hard
The Stanbic Bank Purchasing Managers’ Index (PMI) remained in contraction territory for the second consecutive month as Kenya’s private sector continued to face challenging operating conditions in April 2026. While the index rose to 49.4...
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Oil Prices Extend Decline on Trump’s Indication of Iran Peace Deal
Oil prices recorded a second consecutive decline on Wednesday following President Donald Trump’s announcement that the United States would temporarily suspend its naval escort operations in the Strait of Hormuz, thereby bolstering market expectations for...
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CBK Unveils the Best and Worst Banks for Your Loans and Deposits in March 2026 Rankings
The Central Bank of Kenya (CBK) has recently released its latest data on commercial bank interest rates, revealing a significant shift in the cost of credit and the returns on savings compared to the previous...
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Kenya-Tanzania Trade Records First Decline in a Decade
For the first time in ten years, the volume of trade between Kenya and Tanzania has recorded a decline, retreating from a record high and raising fresh concerns about slowing momentum between East Africa’s two...
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