Month: May 2021

The spread between benchmark two- and 10-year Treasuries on wall street also widened slightly to 146 basis points, up more ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 22,385,500 shares in 1,030 deals, ...

Most Asia-Pacific markets came under pressure on Tuesday, following a sell-off in tech stocks that weighed down major U.S. indexes overnight. ...

The Kenya Civil Aviation Authority has suspended all flights to and from Somalia. In a notice issued to airmen on ...

Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the ...

Shelter Afrique, the Pan-African housing development financier, has inked an MoU with Triangle Real Estate, a Juba-based real estate firm ...

The Dow Jones Industrial Average hit a record high on Monday on wall street on hopes that interest rates would ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 35,760,700 shares in ...

Stock markets in Asia-Pacific were broadly higher on Monday, shrugging off the weaker-than-expected April U.S. jobs reports; while oil futures ...

National carrier Kenya Airways (KQ) has signed an interline agreement with South Africa’s regional carrier, Airlink. The deal will enable ...

Ether, the second-largest cryptocurrency by market capitalization, has reached an all-time high of $4,000. As of 10.00 A.M East African ...

Crude oil prices edged higher on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in ...

Three-month copper on the London Metal Exchange touched its all-time high level of $10,660.50 a tonne earlier in Monday's early ...

Trading on the secondary bond market at the NSE posted a 18.6% rise in activity with Kes.20.5 billion worth of ...

Shares in Europe climbed on stronger-than-expected earnings results and growing confidence in a global economic recovery. In local currency terms, ...

The CBK placed Chaterhouse bank limited under statutory management after it violated sections of the Banking Act relating to lending

For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its ...

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya, ...

The derivatives market of the NSE posted a decline in activity during today’s trading session, with 34 single stock futures contracts valued at ...

In Asia, Chinese mainland shares were unable to hold on to earlier gains: The Shanghai composite closed down 0.65% at 3,418.87 while ...

The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya Plc to undertake a rights issue to raise ...

Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United ...

Spot gold was up 0.3% at $1,820.35 per ounce by 0524 GMT, after hitting its highest since Feb. 16 earlier ...

The Dow Jones Industrial Average rose 0.92% to end at 34,545.11 points, while the S&P 500 gained 0.82% to 4,201.58. ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 17,803,700 shares in 992 deals, ...

Asia-Pacific stock markets traded mixed on Thursday as investors look ahead to the U.S. jobs report due later this week ...

KCB Group PLC has issued a notice to Tanzania’s Fair Competition Commission (FCC) of its intention to acquire entire shares ...

KRA recorded improved collection in all revenue streams where Customs & Border Control net the taxman Kes. 54 billion against ...

Oil prices fell on Thursday as gasoline inventories in the United States, the world’s largest oil consumer, rose for a ...

Wall Street’s main indexes and the Dow hit a record high on Wednesday, as growth stocks bounced from a steep ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,540,900 shares in 955 deals, ...

The Capital Markets Authority (CMA) is considering lowering fees for listing on the Nairobi Securities Exchange (NSE) to attract more ...

Australian shares rose on Wednesday while some of the other major Asia-Pacific markets are closed for the day. The benchmark ASX ...

Oil prices edged higher on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell ...

Kenya and Tanzania have signed a multimillion-dollar deal for a gas pipeline that will run between the coastal cities of ...

The Nasdaq ended sharply lower on Tuesday as investors dumped mega-cap growth stocks to seek shelter in more defensive parts ...

Allianz, one of the world's leading insurers and asset managers has completed the acquisition of a 66% stake in Jubilee ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 14,311,000 shares in 987 ...

Octagon Africa has appointed Godwin Simba as its new Group Executive Director of Strategy and Product Development. Previous positions held ...

Stocks in Asia-Pacific were mixed in Tuesday afternoon trade with major markets in Japan and China still closed for holidays. ...

I&M Holdings has completed 90% ownership in Orient Bank, a licensed and well-established bank in Uganda. I&M Holdings PLC and ...

Oil prices added to overnight gains on Tuesday, as more U.S. states eased lockdowns and the European Union sought to ...

Wall Street's benchmark indices, the S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 5,630,300 shares in ...

Asian stock markets are mostly lower on Monday, following broadly negative cues from Wall Street on Friday. The markets are ...

Ether  (ETH), the second-largest cryptocurrency by market capitalization, went above $3,000 Sunday for the first time in history. At press ...

Gold prices ticked up on Monday, supported by a muted dollar ahead of a series of U.S. data, while auto-catalyst ...

Oil prices fell on Monday as a fatal second wave of a coronavirus epidemic hit India cutting short the demand ...

Safaricom had Kes.1.9 billion worth transacted on the NSE, translating to a whooping 79.05% of the week’s total turnover on ...

Core eurozone bond yields trended higher compared to other global markets amid concerns that the U.S. Federal Reserve might consider ...

Homeboyz instituted some cost-cutting measures which resulted in a 49% drop in direct costs and a 63% drop in administrative expenses.

Wall Street ended lower on Friday, with Apple, Alphabet and other tech-related companies weighing on the S&P 500 and Nasdaq ...