Oil Prices Edge Lower as Data Shows Unexpected Build in U.S Inventory
Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in...
Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in...
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,...
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...
At the end of today's trading session on the Nairobi Securities Exchange A total of 7,935,800 shares in 781 deals,...
Shares in Asia-Pacific were lower in Thursday trade as the Bank of Japan announced its decision to hold steady on monetary policy....
Kenya has received a Kes 16.67 billion ($150 million) loan from World Bank to support local communities hard hit by...
Oil prices slumped to their lowest in two weeks after official figures showed a surprise jump in U.S. inventories of...
Stephen Chege has been appointed as Vodacom Group Chief External Affairs Officer, reporting to Vodacom Group CEO Shameel Joosub effective...
At the end of today's trading session on the Nairobi Securities Exchange A total of 12,645,900 shares in 1,015 deals,...
Shares in Asia-Pacific were lower on Wednesday, with Chinese tech stocks in Hong Kong seeing big losses. Hong Kong-listed shares...
The Central Bank of Kenya (CBK) has revoked the authorisation granted to Mobile Pay Limited (MPL) which has the brand...
The Nairobi Securities Exchange (NSE) has received approval from the Capital Markets Authority (CMA) to initiate day trading. The rollout...
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly...
At the end of today's trading session on the Nairobi Securities Exchange A total of 9,215,500 shares in 1,163 deals,...
Konza Technopolis Development Authority (KoTDA) is seeking to partner with the Nairobi Securities Exchange (NSE) to connect investors with viable...
Stocks in Asia-Pacific were mixed on Tuesday after major indexes on Wall Street rose to record closing highs stateside. Japanese stocks led...
Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by strong demand...
At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 12,871,400 shares in...
Shares in Asia-Pacific were mixed on Monday as investors reacted to the release of HSBC earnings. Hong Kong’s Hang Seng index closed little changed...
President Muhammadu Buhari is set to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on...
HF Group Plc has appointed Prof. Olive M. Mugenda as an Independent Non – Executive Director and Chairperson of the...
Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,992,800 shares in...
Asia-Pacific markets were mixed on Friday, as shares of China Evergrande Group surged in Hong Kong following media reports that the embattled developer...
President Uhuru Kenyatta has urged the country’s National Treasury and other stakeholders to immediately revise upwards the cash transactions threshold...
Kenya and Malawi have inked eight new agreements designed to boost bilateral relations including trade and investments between the two...
Oil prices fell on Friday with Brent on track for its first weekly dip in seven weeks as demand for...
At the end of today's trading session on the Nairobi Securities Exchange A total of 25,137,200 shares in 1,150 deals,...
Stocks in Asia-Pacific were mixed on Thursday, as investors monitored shares of developer China Evergrande Group in Hong Kong. Evergrande shares dropped...
KEPSA and the Corporate Council on Africa (CCA) have signed the Kenya- U.S trade deal that will enable Kenyan Small...
Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a new all-time high above $66,000, marking a full recovery...
Oil prices were mixed on Thursday, paring earlier gains, as some investors scooped up profits from the recent rally while...
Shares in Asia-Pacific were mixed in Wednesday trade as China kept its benchmark lending rate unchanged. The Hang Seng index in...
Oil prices slipped on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure...
At the end of today's trading session on the Nairobi Securities Exchange A total of 23,650,900 shares in 1,189 deals,...
The National Treasury has approved to inject cash into Kenya Power and Kenya Airways in the financial year starting July...
Oil prices rose on Tuesday, recouping earlier losses, as falling temperatures in China, the world's biggest energy consumer, revived concerns...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,433,200 shares in...
Bitcoin price today surged above the $62,000 mark as reports suggested that the first US BTC Futures exchange-traded fund (ETF)...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 23,036,400 shares in...
Shares in Asia-Pacific rose on Friday following overnight gains on Wall Street with the S&P 500 jumping nearly 2%. The Taiex in Taiwan...
The Energy and Petroleum Regulatory Authority (EPRA) cut fuel prices by Kes 5 per litre, bringing down the cost of...
Bitcoin, the largest cryptocurrency by market capitalization has hit a six-month high on Friday, approaching the record hit in April,...
Oil prices climbed on Friday, heading for gains of more than 2% for the week, on increasing signs of robust...
Kenya has been assigned a “B+” rating from Agusto & Co. Limited, a Pan-African Credit Rating Agency and a leading...
Oil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a...
At the end of today's trading session on the Nairobi Securities Exchange A total of 6,515,300 shares in 1,019 deals,...
Stanbic Holdings Plc has announced the appointment of Mr Joseph Muganda as an Independent Non-Executive Director on the Board effective...
Asian Pacific stocks closed higher as shares in mainland China edged higher on Wednesday as investors reacted to the release...
MTN Uganda is offering East African investors free shares to motivate them to buy stock in the telecoms firm that...
Oil prices dropped on Wednesday, after a mixed finish in the previous session, amid worries that soaring coal and natural...
At the end of today's trading session on the Nairobi Securities Exchange A total of 17,839,700 shares in 886 deals,...
East African Cables posted a Net Loss of Kes 753.2 Million at the end of the financial year ended 31st...
Shares in Asia-Pacific tumbled on Tuesday, with major indexes in China and South Korea falling at least 1%. The Hang Seng...
Bitcoin extended its two-week rally Monday, climbing to the highest level since early May. The cryptocurrency last traded more than...
Sub-Saharan Africa is set to emerge from the 2020 recession brought about by the COVID-19 pandemic with growth expected to...
Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of...
Shares in Asia-Pacific were mixed in Monday trade as stocks in Hong Kong led gains regionally. Hong Kong’s Hang Seng index...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 27,205,800 shares in...
Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised...
At the end of today's trading session on the Nairobi Securities Exchange A total of 25,772,600 shares in 923 deals,...
Shares in Asia-Pacific were mostly lower on Wednesday, with major indexes in Japan and South Korea leading losses regionally. Japan’s Nikkei...
MTN Uganda is set to sell a fifth of its stake to Kenyan and other East African investors when it...
Sanlam, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, announced that they...
U.S. oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy...
The International Finance Corporation (IFC) is set to lend $15 million (kes1.6 billion) to Guaranty Trust Bank Kenya for onward...
Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the previous...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 9,869,400 shares in...
Asian markets were mixed in Monday trade, with the Hang Seng index in Hong Kong tumbling more than 2% following its return...
Kenya and Uganda have expressed interest in the establishment of the third point of entry and exit (PoEE) at their...
Recently, Kenya Power withdrew an application to increase bills by up to a fifth, shifting its focus to lowering costs,...
Oil fell on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in...
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...
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...
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...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 13,485,600 shares in...
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...
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...
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....
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