Month: September 2021

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 14,867,500 shares in 953 ...

Shares in Asia-Pacific were mixed on Thursday, as investors reacted to the release of Chinese factory activity data for September. ...

Oil prices fell on Thursday, extending losses after official figures showed an unexpected rise in inventories in the United States although ...

Wall Street ended firmer on Wednesday in a partial rebound from the previous day’s broad sell-off, with remarks from U.S. ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 8,826,100 shares in 1,289 deals, ...

All Kenyans will be compelled to be members of the National Health Insurance Fund (NHIF) and to make a contribution ...

Asia-Pacific stocks largely fell in Wednesday trade following an overnight tumble on Wall Street, with the Nasdaq plunging nearly 3% ...

According to a report titled Entrepreneurship and Free Trade Volume II by the African Development Bank(AFDB),  Egypt, Nigeria, Kenya and ...

The independent analysis of Safaricom’s true value to society identifies the socio-economic and environmental impacts of the company and quantifies ...

Nation Media Group (NMG) has completed a share buyback program that began on 28th June 2021 and closed on September ...

Oil prices fell for the second straight day on Wednesday as doubts re-emerged over demand, with Covid-19 cases continuing to rise ...

Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 14,304,800 shares in 937 deals, ...

 Stocks in Asia-Pacific were mostly lower on Tuesday, as various firms downgraded China’s GDP forecasts. Goldman Sachs on Tuesday slashed ...

The Central Depository and Settlement Corporation (CDSC) has finalized the integration of the CDS SWIFT messaging functionality, thus enhancing the ...

Oil markets rose on Tuesday, reversing earlier losses and extending their rally into a sixth session, amid continued concerns over ...

Wall Street's benchmark indices, the S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 13,485,600 shares in ...

Huawei has nearly 30 years of expertise in the WAN field and will continue to build the competitiveness of its ...

Shares in Asia-Pacific were mixed on Monday, with investors monitoring stocks related to embattled developer China Evergrande Group. Mainland Chinese stocks ...

Kenya Electricity Generating Company PLC (KenGen) has kicked off the construction of a Research and Development (R&D) Centre at Tana ...

China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and ...

Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts ...

Gold is often considered a hedge against higher inflation, but a Fed rate hike would increase the opportunity cost of ...

Global markets were mixed this week, as many analysts comprehended the possible impact of China's Evergrande Group into a global ...

The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 10,959,900 shares in ...

Stocks in Asia-Pacific were mixed on Friday, as investors continued to watch developments surrounding China Evergrande Group. The Nikkei 225 in Japan jumped ...

The Uganda Securities Exchange (USE) has partnered with MTN to provide a digital platform for opening securities accounts, making it ...

Oil prices rose for a fourth day on Friday, taking Brent towards three-year highs, as investors focused on tighter supplies ...

U.S. stocks on wall Street gained more than 1% on Thursday as investors appeared relieved about the Federal Reserve’s stance ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 17,580,900 shares in 975 deals, ...

Shares in Asia-Pacific were mostly higher in Thursday trade as investors in Asia-Pacific continue monitoring the situation surrounding China Evergrande Group. ...

Nigeria and Ghana are looking forward to adopting central bank digital currencies as they look to ride the wave of ...

Ethiopia and the Government of Kenya through the Ethiopia Customs Commission and the Border Control and Operation Coordination Committee have ...

Telkom, the number three South African telecommunications operator has enjoyed a positive response to news that it plans to spin ...

 Oil prices rose on Thursday, extending strong gains overnight with fuel demand growing and crude stocks declining as production remains ...

The benchmark wall street indexes for U.S stock markets rose 1% on Wednesday as investors mostly took in stride the ...

Let’s talk about Buy now pay later Going shopping is fun if you have the finance that is. But imagine, ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 20,957,300 shares in 1,072 deals, ...

Elsewhere in Asia, the Nikkei 225 in Japan slipped 0.67% to close at 29,639.40 while the Topix index shed 1.02% ...

Kenya Power has withdrawn an application to increase bills by up to a fifth, shifting its focus to lowering costs, ...

Oil prices climbed more than 1% on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more ...

The majority of Wall Street investors are waiting for the end of this week’s Fed meeting that may shed light ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 16,991,000 shares in 1,160 deals, ...

Vodacom Group has signed a deal that could see it buy an additional 10.9 per cent stake in Safaricom Telecommunications ...

Shares in Asia-Pacific were mixed on Tuesday as investors continued monitoring the situation surrounding embattled developer China Evergrande Group. Japanese stocks ...

Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global ...

Wall Street fell in a broad sell-off on Monday, with the S&P 500 and Nasdaq suffering their biggest daily percentage ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 5,916,500 shares in ...

The high court has declared minimum tax provisions unconstitutional and its tax guidelines void. In its judgement, the High Court ...

Hong Kong’s Hang Seng index led losses among Asia-Pacific markets in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to ...

The BOC Kenya Board has appointed Joseph Ramashala the Non-Executive Director with effect from 13 September 2021. This comes after ...

China has been named the leading bilateral lender to Kenya by the Central Bank of Kenya (CBK) accounting for 67% ...

Oil prices fell on Monday, extending losses from Friday after the U.S. dollar jumped to a three-week high and the U.S. ...

Global markets were mixed this week as various economic development from various markets across the markets, in the news was ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 12,263,100 shares in ...

The board of ICEA LION General Insurance Company Limited has appointed Mr Philip Lopokoiyit as the new Chief Executive Officer ...

Shares in Asia-Pacific were mixed on Friday, with shares of China Evergrande Group continuing to take a beating.

Longhorn Publishers has reported a profit after tax of kes 7.48 million for the first six months ended 30th June ...

Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, ...

The three major wall street indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 18,178,000 shares in 1,065 deals, ...

Asia-Pacific stocks were largely lower on Thursday, with Chinese stocks leading losses regionally. By the mainland market close on Thursday, ...

Kenya Power, the electricity distributor company is back to profitability according to its parent Ministry. Chief Administrative Secretary (CAS) in ...

The African Development Bank Group (AfDB) board has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility ...

Oil prices slipped on Thursday, paring back only some of the large gains made the previous day on the back ...

Stocks on wall street closed higher on Wednesday as rising crude oil prices boosted energy shares and a swath of ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 12,451,800 shares in 1,579 deals, ...

Shares in Asia-Pacific were largely lower on Wednesday, as investors reacted to the release of Chinese economic data. Hong Kong’s Hang ...

The Energy and Petroleum Regulatory Authority (EPRA) has raised the prices of super petrol by Kes.7.58 per litre to past ...

Oil prices climbed on Wednesday after industry data showed a larger than expected drawdown in crude oil stocks in the United States, the ...

Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 17,720,500 shares in 1,216 deals, ...

Shares in Asia-Pacific were mixed on Tuesday as investors looked ahead to the release of U.S. consumer inflation data for ...

The Kenya Electricity Generating Company PLC (KenGen) has been cleared to sell an equivalent of 4.6 million tonnes of carbon ...

 Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 15,651,400 shares in ...

Shares in Asia-Pacific were mixed on Monday, with stocks in Hong Kong leading losses. Hong Kong-listed shares of Alibaba dropped 4.23% following ...

Oil prices rose for a second session on Monday as concerns over U.S. output following damage from Hurricane Ida supported ...

Major Global markets edged slightly downward last week, with the U.S markets leading as some benchmark indices logged their first ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 11,263,500 shares in ...

Shares in Asia-Pacific rose on Friday, as investors monitored Hong Kong-listed stocks of firms in regulation-hit sectors such as video ...

Analysts at British bank Standard Chartered predict that Bitcoin’s price could reach $100k by the end of 2021 or early ...

Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 16,311,000 shares in 1,227 deals, ...

Hong Kong stocks dropped on Thursday, with shares in the rest of Asia-Pacific also largely declining. Shares of Tencent and Netease in Hong ...

Stanbic Holdings Plc Board of Directors has appointed Ms Wambui Kihuha-Mbesa as an Independent Non-Executive Director on the Board, with ...

The Board of Directors of Home Afrika Limited has appointed Mr Nelson Ashitiva as a Non-Executive Director of Home Afrika ...

Oil prices rose for a second session on Thursday, recovering from earlier losses as a decline in U.S. Gulf of ...

Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy’s recovery and ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 11,049,600 shares in 1,378 deals, ...

Shares in Asia-Pacific were mixed on Wednesday, with shares of China Evergrande Group recovering slightly after briefly falling below their ...

The price of bitcoin fell Tuesday after breaking through $52,000 late Monday, reaching its highest level since May. The price ...

Oil prices were little changed on Wednesday following overnight losses from a stronger dollar and demand concerns, with a slow production ...

Forex exchange reserves dipped by over Kes. 11.3 billion after the Central Bank of Kenya (CBK) released more dollars into ...

Benchmark index of wall street, the S&P 500 closed lower on Tuesday while the Nasdaq edged up to a record ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 14,312,200 shares in 1,406 deals, ...

Shares in Asia-Pacific were mostly higher on Tuesday, as China’s August trade data came in above expectations. The Shanghai Composite in mainland ...

M-PESA, the world’s leading mobile money service has today announced that it has reached 50 million monthly active customers strengthening ...