Month: November 2021

Capital Markets Authority (CMA) has granted  MTN Uganda permission for its Initial Public Offering (IPO) to be marketed in Kenya, ...

Shares in Asia-Pacific rose on Thursday following the U.S. Federal Reserve’s announcement that it will start tapering the pace of its bond purchases ...

MTN Group has announced plans to proceed with a public offer to sell up to 575 million shares in its ...

Oil prices extended declines on Thursday after Iran and world powers agreed to resume nuclear talks this month that could ...

CMA has further extended two provisional licenses granted to Mt. Elgon Coffee Marketing Agency Limited and United Eastern Kenya Coffee ...

Major Wall Street indexes posted solid gains and marked closing record highs as the Federal Reserve said it will begin ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 12,295,700 shares in 958 deals, ...

Kenya Power and Lighting Company (KPLC) emerged from a loss-making territory or Net Loss of Kes 939 Million in 2020 ...

Shares in Asia-Pacific were mixed on Wednesday as investors looked ahead to the end of the U.S. Federal Reserve’s two-day meeting for clues ...

 Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news ...

Development Finance Corporation (DFC), a US government agency has delayed the disbursement of a $500million (Kes 53.97 billion) loan to ...

Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in ...

In company news, shares of Under Armour Inc jumped 16.5% on wall street after the athletic apparel maker raised its ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 14,636,100 shares in 1,432 deals, ...

Shares in Asia-Pacific were mixed on Tuesday, as Hong Kong-listed shares of Chinese real estate firms fell amid renewed fears. ...

Centum Investment Company’s private equity wing targets acquisitions in various sectors of Kenya’s economy. Centum Capital Partners, a wholly-owned and ...

Oil prices were steady on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, ...

The Nairobi Securities Exchange (NSE) on Monday announced the commencement of trading of the East African Breweries Plc Kes. 11 ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 16,997,600 shares in ...

The inflation rate in Kenya, which measures the cost of living, slowed modestly to 6.45% in the month of October ...

 Shares in Asia-Pacific were mixed on Monday as investors reacted to economic data that showed a mixed picture of Chinese ...

Kenya Electricity Generating Company PLC (KenGen) has reported a 7%  increase in Profit Before Tax from Kes.13.79 billion to Kes.14.76 ...

 Oil prices dropped on Monday as China's release of gasoline and diesel reserves eased concerns over tight global supply, while ...