AFRICAN MARKETS
NSE Gains Momentum as Safaricom Jumps 6.8%
The Nairobi Securities Exchange (NSE) was on an upward trajectory, with the benchmark index, the Nairobi All Share Index (NASI),...
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 Rise as Renewed Clashes Between US and Iran Hinders Market
Oil prices surged on Friday following an exchange of hostilities between the United States and Iran in the Strait of...
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
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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Oil Prices Rise as Renewed Clashes Between US and Iran Hinders Market
Oil prices surged on Friday following an exchange of hostilities between the United States and Iran in the Strait of Hormuz. The confrontation escalated concerns that the already fragile ceasefire between the two nations is...
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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 $1 billion hyperscale data center backed by Microsoft and UAE-based artificial intelligence firm G42 stalled...
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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 notable 5.5% increase in net profit compared to the same period in 2025. Profits and...
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