AFRICAN MARKETS
NSE Market Report 01 April 2025: Turnover Jumps 82%
The Nairobi Securities Exchange (NSE) had a highly active trading session today on Tueaday, with significant improvements across key metrics
BUSINESS NEWS
Kakuzi Set on Second Avocado Shipment to China Amidst Souring Demand.
Kakuzi will be shipping several 20-foot container loads to China by sea before the end of this week as demand...
ASIAN MARKETS
Asian Stocks Down As Thailand Suspends Trading
Kospi, the benchmark index in South Korea sank 1.9% to 2,557.98 during Asian Stock market hours, with Hyundai Motor Co....
CORPORATE NEWS
I&M Group Delivers Strong FY2024 Results as Diviend Rises to KES 3.00
I&M Group PLC reported exceptional financial performance for the fiscal year ending December 31, 2024, with significant growth across key...
GLOBAL MARKETS
US Stock Market Sinks as Tariff Tensions Overshadow Economic Data
US stocks took a heavy blow on Thursday as investors reacted with alarm to the latest developments in President Donald...
CRYPTO CURRENCIES
Bitcoin Hits a New All Time High Above $66K After Successful Launch of U.S ETF
Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a new all-time high above $66,000, marking a full recovery...
LATESTNEWS
CAK to Scrutinize Digital Lenders on Consumer Exploitation Claims
For the first time, the Competition Authority of Kenya (CAK) has been compelled to seriously get to the bottom of digital lenders following a blow-up of cases of consumer exploitation. High interest rates, short repayment...
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NSE’s First Listing since 2020 as SKL Joins Bourse by Introduction
Shri Krishna Overseas Limited (SKL) is set to get listed on the Nairobi Securities Exchange (NSE) after the firm received approval from the Capital Markets Authority (CMA) on Monday. The Nairobi headquartered company joins the...
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NCBA Hosts Exclusive FX Customer Breakfast, Provides Global Insights
NCBA hosted over 100 business leaders, exporters, importers and financial decision-makers from across sectors in a forum aimed at equipping them with insights on navigating economic uncertainty, optimizing liquidity, and achieving sustainable growth. Under the...
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Italy and Equity Bank Forge Strategic Alliance to Revitalize Kenya’s Leather Industry
Kenya Leather Development Council CEO Dr. Isaack Noor, reiterated the government’s commitment to creating an enabling investment climate.
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Tanzania’s Parliament Approves TZS 57.04Trn FY2025/26 Budget
With Parliament’s approval, the Tanzanian government is now set to implement this ambitious budget, reinforcing its commitment to self-sufficiency, sustainable development, and macroeconomic stability.
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