Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow...

At the end of today's trading session on the Nairobi Securities Exchange A total of 26,082,100 shares in 945 deals,...

Umeme Limited, the largest electricity distributor in Uganda, has recorded a sharp decline in net profit after a challenging financial...

Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally...

Bitcoin (BTC) was trading around $54,680 as of 12:50 UTC (8:50 p.m. ET), after falling late Monday to around $53,715, the...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts...

Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put...

Britam Holdings is looking forward to sell part of its 48.2 % stake in mortgage financier HF Group  to one...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand....

Central Bank of Nigeria has said the country’s citizens were free to use bitcoin and other cryptocurrencies and that all...

The benchmark all share index of the Nairobi Securities Exchange gained by 3% during the week to close the week...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,250,000 shares in...

KCB Group, East Africa's largest commercial bank, expects the proportion of loans it restructured last year to fall by half...

Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with...

Kakuzi Plc, a Kenyan agricultural listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has reported a...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a...

Bitcoin's price spiralled on Wednesday as the cryptocurrency continues to receive support from investors amidst the Feds Reserve decision to...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,092,200 shares in 845 deals,...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase...

KCB Group Plc has posted a net profit of Kes.19.6 billion for the financial year ended 31st December 2020. This...

Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of...

The Capital Markets Authority (CMA) has set a July 1 deadline for coffee brokers to get new licences under rules...

KCB Group, the country’s largest and most profitable lender, has secured a US$ 150 Million credit facility to enable it...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 18,283,800 shares in 947 deals,...

Kenyan households are set for tough times as electricity bills are expected to rise in the March 2021 review. Electricity...

Asia-Pacific markets mostly edged higher Tuesday following a relatively subdued start to the global trading week as investors look ahead...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States...

Bitcoin extended it's decline on Tuesday as a rally that took it past $61,000 over the weekend unwounded, reminding investors...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,335,800 shares in...

Super Petrol prices rose by Kes 7.63 to retail at Kes 122.81 per litre following the latest Energy and Petroleum...

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major...

Bitcoin, however, has more than doubled in 2021, following high-profile endorsements this year from the likes of Tesla's Elon Musk, Twitter's...

At the end of today's trading session on the Nairobi Securities Exchange A total of 16,376,700 shares in 773 deals,...

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although...

Google has notified all YouTube Content Creators that they will be subject to Withholding tax from their monthly earnings from June 2021....

The African Development Bank has been ranked as the world’s Best Multilateral Financial Institution for 2021 by the world-renowned American...

The Kenya Power and Lighting Company ( KPLC) has recorded a loss after tax of Kes.0.94 billion compared to a...

Oil prices fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data...

South Africa’s (SA) economy contracted the most since 1946 as restrictions to curb the spread of the coronavirus pandemic ravaged...

The Kenya Red Cross, the largest humanitarian organization in Kenya in conjunction with the Danish Red Cross and Grassroots Economics,...

The African Development Bank (AfDB) has approved two grants for research that will increase African women’s access to a range...

Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 16,051,200 shares in...

Monday’s session in Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp...

Standard and Poor’s (S&P)  has downgraded Kenya’s sovereign rating to ‘B’ from ‘B+’ despite a deal with the International Monetary...

South African based Liberty Holdings, and the largest shareholder in Liberty Kenya, plans to increase its ownership in Liberty Kenya...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 8,685,200 shares in...

Shares in Asia-Pacific were mostly lower Friday as investors watched bond yields and technology stocks in the region. Mainland Chinese...

Stanbic Holdings Plc net profit for the year that ended on December 31, 2020, dropped by 19% to Kes 5.2...

Bitcoin’s price fell by the most in a week after U.S. Federal Reserve Chair Jerome Powell acknowledged he “would be...

Oil prices rose more than 1% on Friday, extending gains from the previous session after OPEC and its allies agreed...

Kenya’s Public Debt Stock is forecasted to reach Kes 7.8 trillion at the end of the 2020/21 fiscal year and...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 16,134,900 shares in 988 deals,...

Shares in Asia-Pacific slipped in Thursday trade, with technology stocks in the region falling sharply. In Japan, the Nikkei 225 fell 2.13%...

Bitcoin rose 5% on Wednesday to just above $50,000. Traders are now speculating whether the move represents a resumption of...

Equity Bank has announced plans to lend Kes 75 billion to Small and Medium Enterprises (SMEs) at concessionary terms, at...

Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing...

Visa has announced the 2021 edition of the Everywhere Initiative. The initiative opens an innovation program that tasks start-ups and...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 5,708,300 shares in 944 deals,...

The International Monetary Fund has raised Kenya’s 2021 economic growth forecast from 4.7% to 7.6% after reaching a financing agreement...

Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 26,376,100 shares in 968 deals,...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 10,900,800 shares in...

Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although...

Kengen Plc, the leading electric power generation company in Kenya, recorded a decline in total revenue by 3% from Kes 22.36...

Unga Group says wheat prices have rallied to levels not seen in past decade due to some major exporting economies...

Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar, and expectations...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 10,648,000 shares in 800 deals,...

Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months. The...

Britam Holdings has announced the appointment of Mr Tavaziva Madzinga as the Group Managing Director of Britam Holdings Plc Group,...

Oil prices fell on Wednesday after industry data showed a surprise build in U.S. crude stocks last week as a...

Increased demand for medical gases drove up Carbacid’s six months revenue to Kes 449.7 million, a 27% improvement.

Sudan's Central bank devalued its currency on Sunday, announcing a new regime to “unify” official and black-market exchange rates

Kenya recorded a jump in the EAC intra-trade during the third quarter of 2020, as the COVID-19 pandemic paved the...

BOC Kenya has opted not to recommend the company's takeover by Carbacid Investments to its shareholders. The decision comes after...

Visa today announced the expansion of Practical Business Skills, a global digital platform delivering free educational resources to help (SMB)

Listed publishing firm, Longhorn has posted a Kes145.33 million net loss in the half-year period ended December 31, 2020, down...

Bitcoin hovers around $52,000 as markets wait and see whether the current price level will be held in the next...

Tobacco manufacturer British American Tobacco (BAT)  demonstrated resilience amidst the COVID-19 pandemic posting a 42% rise in the profit after...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 12,417,200 shares in 870...

The price of bitcoin hit a record high above $52,000 on Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) was...

Kenya is expected to raise its debt ceiling of kes 9 trillion to accommodate growing expenditure needs amid underperforming tax...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 15,966,600 shares in 965...

Bitcoin’s price broke above $50,000 for the first time in history on Tuesday, continuing its impressive rally as major companies...

Kenya's treasury aims to raise Kes 123.8 billion from sovereign bonds sold to foreigners in the next four months and...

Equity Group Holdings Plc on Monday announced the appointment of Mr Yves Cuypers as the first Regional Director in charge...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 10,631,700 shares...

The prices for Super Petrol, Diesel, and Kerosene have increased by Kes 8.19 per litre, Kes 5.51 per litre, and...

Bitcoin on Sunday morning hit a new high of $49,716.44 a 6.2% rise from Saturday's price range. This came after...

Equity Banque Commercial du Congo (Equity BCDC) on Thursday launched its new identity following the successful merger of Equity Bank...

Mastercard (MA), the credit-card giant company, has announced plans to give its vendors the option to receive payments in cryptocurrencies...

Kenya Electricity Generating Company (KenGen) Plc signed a Kes 709 million contract to drill three geothermal wells in Djibouti. On...

Kenya Airways has received Kes 10 billion from the National Treasury in a secret bailout. This comes as a contradiction...

Leading power producer, Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Kes 1,153,856,022 in dividends for the...

The world’s largest cryptocurrency by market capitalization, bitcoin has rallied to an all time high blowing past $45,000, $46,000 and...

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel,...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 6,603,500 shares...

Sameer Afria Plc has announced its return to the tyre business. In a notice issued by the company, the Nairobi...

Allianz, the German insurance, is set to  acquire full ownership of its China life insurance business after agreeing to buy...