AFRICAN MARKETS
NSE Drops 0.5% in Bearish Weekly Reversal Amid Weak Activity
The Nairobi Securities Exchange (NSE) concluded week 17 in the red, with all major indices posting declines, reversing the bullish...
BUSINESS NEWS
Gulf African Bank Sees 57.7% Stake Shift in Strong Investor Confidence Signal
Kenya’s leading Shariah-compliant lender, Gulf African Bank has announced changes in its shareholding structure following the completion of acquisitions of...
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
WPP Scangroup PLC Reports Widening Losses for FY 2025 Amid Revenue Declines
The audited financial results for WPP Scangroup PLC for the fiscal year ended December 31, 2025, saw Scangroup’s revenue fall...
GLOBAL MARKETS
Oil Rallies 2% as US-Iran Talks Collapse Again
Oil prices rose sharply over the weekend and into Monday, climbing nearly two percent as plans for a second round...
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
NSE Dividend Surge Signals Strong Returns for Investors in 90 Days
Investors at the Nairobi Securities Exchange (NSE) are entering a peak dividend harvest season, with at least 15 listed firms scheduled to issue payouts over the next 90 days. This wave of corporate distributions highlights...
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NSE Drops 0.5% in Bearish Weekly Reversal Amid Weak Activity
The Nairobi Securities Exchange (NSE) concluded week 17 in the red, with all major indices posting declines, reversing the bullish performance recorded in the previous week. The Nairobi All Share Index (NASI) declined the most,...
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Kenya Faces Three Hurdles in a Bid for World Bank’s KES 96Bn Loan
The World Bank has imposed three binding conditions on Kenya before it can disburse a loan facility worth KES 96.9 billion (approximately USD 750 million). The funding, which is critical to bolstering the states fiscal...
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Oil Rallies 2% as US-Iran Talks Collapse Again
Oil prices rose sharply over the weekend and into Monday, climbing nearly two percent as plans for a second round of peace negotiations between the United States and Iran unraveled once again. By Sunday evening,...
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Banks Apply Premiums of Up to 16.57% as New Loan Pricing Takes Effect
A recent analysis of current lending data reveals that commercial banks are applying premiums ranging from 4.11 percent to 16.57 percent on personal loans before the inclusion of fees and other charges, hence exposing significant...
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