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Wednesday, June 3rd, 2020

Market News

Former CBK Governor urges greater mobile money connectivity

The study, carried out by former Central Bank of Kenya (CBK) governor Njuguna Ndung’u shows that Safaricom’s control of a…

Safaricom executives’ buy more Shares

Safaricom Plc bought more shares in it's EPSAP plan, bringing the total holding of the Telco by executives to 32.2…

The Rate Cap is here to Stay!

Kenyan parliamentary committee has rejected a request from the finance ministry to scrap the cap on commercial interest rates imposed…

Feds Might Cut Rates Today.

Chairman of The United States Federal Reserve Bank; Jerome Powell

More News

Home Afrika Loss Widens to 887 Million as Hopes For Recovery Dims

The directors of the company have not issued a dividend recommendation for the…

Absa Quarterly Profit Rise to Kes. 2 Billion

The company’s balance sheet remained on an expansionary curve with net loans and…

Equity Bank Registers 14% Decline in Net Earnings in Q12020

The Group increased its loan loss provision tenfold to Kshs. 3 billion from…

Scangroup to pay Special Dividend in Late 2020.

The company expects to close the sale of Kantar by June 2020.

Kenya Airways Loss Widens 71% to Kes 12.9 Billion

Cargo tonnage increased from 64,238 tons to 68,264 tons, representing a 6.3 percent…

Standard Chartered Defer Dividend Payment on Inability To Hold It’s AGM

Standard Chartered Ban had issued a dividend notice of Kes 15.00 per share…

Latest News

Market Report: June 02, 2020

There were no contracts concluded on the derivatives market of the NSE in today’s trading…

Asia Pacific Stocks mixed as U.S.-China Tensions Linger

The Japanese yen traded at 107.61 per dollar after weakening from levels around…

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