Oil Prices Edged Higher, Investors Look Forward to OPEC+ Meeting
Oil prices climbed in early Asian trade on Monday, stimulated by the bright outlook for fuel demand growth in the...
Oil prices climbed in early Asian trade on Monday, stimulated by the bright outlook for fuel demand growth in the...
Kenya expects to receive a loan of $750 million from the World Bank in the next two weeks to support...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 29,604,700 shares in...
Family Bank Group has posted a Kes 728.8 million Profit Before Tax for the first quarter of 2021, a 71.3%...
At the end of today's trading session on the Nairobi Securities Exchange A total of 36,496,500 shares in 1,256 deals,...
Safaricom Plc, Kenya’s telecommunication giant that runs M-Pesa, was on Saturday awarded a license to operate telecommunication services in Ethiopia...
KCB Group Plc has posted a net profit of Kes.6.4 billion in the first quarter of 2021 ending March, a...
Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on...
At the end of today's trading session on the Nairobi Securities Exchange A total of 17,034,000 shares in 1,162 deals,...
Stocks in Asia-Pacific were mixed on Wednesday, with multiple markets in Southeast Asia closed for a holiday. The Nikkei 225 in...
NCBA Group PLC has recorded a profit after tax of Kes 2.84 billion for the quarter ending March 31, 2021....
Oil prices were steady on Wednesday as concerns of a possible resumption in Iranian supply that would result in an...
The Bank of Uganda has announced a split of mobile money into a stand-alone business, regulated as a financial service,...
Individual smallholder tea farmers affiliated with the Kenya Tea Development Agency Holdings Ltd (KTDA Holdings PLC) will now own direct...
Safaricom Plc, Kenya's telecommunication giant, was on Saturday awarded a license to operate telecommunication services in Ethiopia in a consortium made...
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as prospects...
Standard Chartered Bank Kenya has reported a 19% growth in net profit in the first three months to March 31...
The bitcoin sell-off continued Monday following a roller-coaster week of trading as authorities in China and the U.S. move to...
Oil prices edged higher on Monday as a storm formed in the Gulf of Mexico. Iran said a three-month nuclear...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 12,344,600 shares in...
Shares in Asia-Pacific were mixed on Friday following an overnight bounce on Wall Street. The Taiex in Taiwan jumped 1.62% on the...
Salaam African Bank, the leading bank by branch network in Djibouti, has acquired 100% ownership in Kenya’s Uwezo Microfinance Bank,...
Oil prices edged higher on Friday, taking a break after three days of losses as investors braced for the return...
At the end of today's trading session on the Nairobi Securities Exchange A total of 10,866,500 shares in 793 deals,...
Stocks in Asia-Pacific were mixed on Thursday, with data showing Japan’s exports surging in April. The Nikkei 225 finished the trading day...
Bitcoin, the world’s largest cryptocurrency by market capitalization, slumped on Wednesday by 8.7%. BTC was above the 10-hour moving average...
Transcentury Plc, a listed firm in the Nairobi Securities Exchange, has reported a Kes1.4 billion net loss for the half-year...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 30,615,500 shares in...
Shares in Asia-Pacific were mixed on Monday trade as investors reacted to the release of Chinese economic data while also...
Bitcoin took a 3.7% drop to near $45,100 Sunday afternoon EST after Tesla CEO Elon Musk did not outright deny...
Oil prices edged lower on Monday as the recovery of a major U.S. pipeline network eased concerns about oversupply, and...
At the end of today's trading session on the Nairobi Securities Exchange A total of 11,820,800 shares in 840 deals,...
Six Nairobi Securities Exchange (NSE)-listed firms have announced a delay in releasing their full-year results, citing the need for more...
Major Asia-Pacific stock markets declined on Thursday, as Wall Street fell sharply with inflation data triggering fears of a rate hike....
Tesla CEO Elon Musk has announced that Tesla would be suspending the option to pay for vehicles using Bitcoin. In...
Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the...
Asia-Pacific shares were mostly down on Wednesday, as Taiwan’s markets tumbled after authorities said they may raise its COVID-19 alert...
Sasini Plc a listed firm in the Nairobi Securities Exchange, has reported a notable rise in the six months period...
Crude oil prices edged higher on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in...
KCB Group PLC has issued a notice to Tanzania’s Fair Competition Commission (FCC) of its intention to acquire entire shares...
The Capital Markets Authority (CMA) is considering lowering fees for listing on the Nairobi Securities Exchange (NSE) to attract more...
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 fell on Monday as a fatal second wave of a coronavirus epidemic hit India cutting short the demand...
At the end of the last weekday of trading on the Nairobi Securities Exchange this week. A total of 13,379,900...
Tanzania is looking forward to signing for a $30 billion Liquefied Natural Gas (LNG) project within six months after the...
Stocks in Asia-Pacific mostly rose in Thursday trade, as investors reacted to the U.S. Federal Reserve’s decision to keep its easy money policy...
Britam Holdings Plc has reported a net loss of Kes 9.1 billion for the financial period ended 31st December 2020,...
Oil prices edged lower on Wednesday with a rapid spread of COVID-19 infections in India, a bigger-than-expected build in U.S....
Digital mobile lenders will have six months to be licensed by the Central Bank of Kenya (CBK) if Parliament adopts...
On Monday, oil prices fell on fears that surging COVID-19 cases in India will drive down fuel demand in the...
Stocks in Asia-Pacific were mixed on Friday, with the price of bitcoin tumbling below $49,000. The Nikkei 225 in Japan fell...
Bitcoin has fallen beneath the $50,000 psychological support line hitting its lowest point in 48 days. Bitcoin (BTC) is currently...
Shares in Asia-Pacific were mixed in Tuesday trade as China kept its benchmark lending rate unchanged. Stocks in Japan led...
The Kenya National Highway Authority (KeNHA) and China Communications Construction Company Monday signed a Kes 17.9 billion (about 166 million...
Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge...
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures...
Bitcoin's price edged lower after the largest cryptocurrency reached an all-time high on Wednesday trading at around $64,717.01 hours before...
However, a closer look at fuel cost tabulation indicates that taxes make up over 50 per cent of Kenya's retail...
Bitcoin, the largest cryptocurrency by market capitalization, surged by 3 % on Tuesday, reaching an all-time high of $62,218.94 as...
Total SE has signed agreements with Ugandan officials for an oil development set to transform the East African nation into...
Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles...
At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 10,513,000 shares in...
Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses. The losses came as the...
Sameer Africa Plc has reported a Kes 43 million net profit during the financial year ended 30th December 2020, a...
Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of...
The Nigeria Securities and Exchange Commission has banned the trading of unregistered foreign securities. In a statement issued on Thursday,...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 14,973,700 shares in...
Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record...
Business activity in Kenya shrank sharply in March as the hike in fuel prices and COVID-19 restrictions hit key sectors...
Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies...
At the end of today's trading session on the Nairobi Securities Exchange. A total of 15,308,200 shares in 1,032 deals,...
The Central Bank of Kenya (CBK) accepted bids worth Kes 81.94 Billion from the 18-year old April 2021 Infrastructure Bonds...
Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight. Hong...
The IMF has advised the Kenyan Treasury to impose a 16 per cent VAT on fuels from the current 8...
Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand...
At the end of today's trading session on the Nairobi Securities Exchange. A total of 16,417,600 shares in 1,050 deals,...
Family bank has posted an 18% rise in the profit after tax to Kes 1.2 billion during the financial year...
Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out...
The mortgage finance bank HF Group reported a Kes 1.7 billion net loss for 2020, from Kes 110 million net loss in...
Eveready E. A Plc has reported a loss before tax of Kes.50 million for the financial period ended 30th September...
Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC +...
At the end of today's trading session on the Nairobi Securities Exchange A total of 22,981,300 shares in 1,192 deals,...
Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei...
Kenya has sought the Debt Service Suspension Initiative (DSSI) extension to June 2022, a one-year extension from the earlier granted...
Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with...
At the end of today's trading session on the Nairobi Securities Exchange. A total of 29,487,800 shares in 1,269 deals,...
Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura...
NCBA’s full-year net profit for the year 2020 nosedived by 42% to Kes4.6 billion as the bank ramped up its...
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 16,754,100 shares in...
Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday. The Nikkei 225...
Equity Group Plc registered a 51% growth in its balance sheet with total assets growing to Kes 1.015 billion during...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 10,003,200 shares in...
Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation...
Standard Chartered Bank Kenya has posted a 34% decline in its full-year net profit for the year that ended on...
Shares in major Asia-Pacific markets were mixed on Thursday, though tech stocks in the region took a hit following a...
Bitcoin (BTC) declined on Thursday, as the rally recorded yesterday when Elon Musk announced that the company would start accepting...
Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug...
At the end of today's trading session on the Nairobi Securities Exchange. A total of 17,584,300 shares in 1,053 deals,...
Absa Bank Kenya PLC posted a normalised profit after tax for the period ended December 2020 of Kes 6.5 billion...
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