Month: June 2021

The Kenyan economy is expected to rebound to 6.6 percent in 2021 reinforced by the prevailing stable macroeconomic environment and the ...

Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel ...

The National Treasury Cabinet Secretary Ukur Yatani while presenting FY2021/2022 budget before Parliament acknowledged prevailing revenue collection challenges owing to ...

El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress ...

Wall Street's benchmark, the S&P 500 hit a record intraday high on wall street on Thursday as investors juggled signs ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 67,614,800 shares in 962 deals, ...

The Nairobi Securities Exchange (NSE) has announced the changes in their leadership board following their 67th Annual General Meeting held virtually ...

Shares in Asia-Pacific mostly rose on Thursday, as investors looked ahead to an upcoming release of U.S. inflation data for ...

Oil prices slid on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge ...

Kenya's largest mobile telecommunications operator Safaricom Plc, has officially launched the E-Sim service. Safaricom becomes the second telco after Jamii ...

Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when ...

Kenya's Budget and Appropriations Committee of the National Assembly is proposing an upward review of the debt ceiling to enable ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 18,572,300 shares in 1,023 deals, ...

The Sub-Sahara economy growth forecast is projected to resume to 2.8% this year and firm to 3.3% in 2022, underpinned ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures rising 0.44% to $72.54 per ...

Shelter Afrique, a pan-African housing development financier, has signed a Ksh. 1,186,900,000 ($11 million) housing deal with the African Banking Corporation ...

Oil prices rose for a second day on Wednesday on signs of strong fuel demand in Europe, while the prospect ...

Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 9,191,400 shares in 1,066 deals, ...

Shares in Asia-Pacific were mostly lower on Tuesday, as investors reacted to the release of Japan’s revised first-quarter gross domestic ...

Crown Paints Plc has reported a profit of Kes 599 million for the period ended 31st December 2020, an 85 ...

Oil prices edged lower on Tuesday as concerns about the fragile state of the global recovery in demand for crude ...

Wall Street's benchmark, the S&P 500 ended a languid session slightly in the red on Monday, with investors standing by ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 11,242,500 shares in ...

In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90 while the MSCI’s broadest index of Asia-Pacific stocks outside ...

The East Africa Community member states have announced plans to explore the potential of a central bank digital currency (CBDC) ...

The African Development Bank Group and the Government of Tanzania have signed loan agreements totalling $140 million to finance the ...

Oil extended gains to hit fresh multi-year highs on Monday, supported by a brighter economic and fuel-demand outlook. At the ...

Nation Media Group was the week’s top gainer on the Nairobi Securities Exchange ( NSE), adding 31.01% in share price ...

Global markets experienced a lift during the week buoyed by the United State's May employment report  which showed job growth ...

The Bank of Ghana has revealed it is in the advanced stages of introducing a digital currency,  the e-cedi. A ...

Devki Group has announced its withdrawal from the race to invest in troubled Mumias Sugar Company, barely two weeks after ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 9,853,000 shares in ...

Shares in Asia-Pacific were mixed on Friday, as the Reserve Bank of India held steady on interest rates. Hong Kong’s Hang ...

Oil prices eased on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over ...

The cost of living increased slightly in May to highs seen in March on account of the increase in fuel ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 30,291,200 shares in 1,169 deals, ...

Shares in Asia-Pacific were mixed on Thursday, as investors reacted to data out of Australia and China. Hong Kong’s Hang Seng ...

WPP Scan group has announced a further delay in the publication of their audited financial results for the financial year ...

Oil prices rose for a third day on Thursday on expectations for a surge in fuel demand, particularly in the ...

Wall Street's main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 16,523,900 shares in 1,149 deals, ...

Shares in Asia-Pacific were mixed on Wednesday, with official data showing higher-than-expected growth in Australia’s economy for the first quarter. The Nikkei ...

Kenya Reinsurance Corporation (Kenya Re) has recorded a 5% decline in profits before tax to Kes 3.98 billion during the ...

Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply ...

Wall Street indices, the S&P 500 and the Dow rose on Tuesday, with the benchmark S&P 500 within 0.5% of ...

Shares in major Asia-Pacific markets were mostly higher on Tuesday, as investors reacted to the release of a private survey ...

Oil prices rose on Tuesday, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer ...