In a statement released to the shareholders, Kakuzi said that it expects its net earnings for 2023 to be at...

Uber and Safaricom Plc have today launched a partnership that will see riders across Kenya pay for trips through M-PESA.

KCB Group CEO, Paul Russo said this platform will guarantee speed, affordability, and reliability of transactions, effectively boosting intra-African trade...

This will see KCB Insurance Limited and NBIL distribute life insurance products, underwritten by Sanlam. The partners have also rolled...

Gold's bullish outlook is also supported by the banking crisis and calls for recession, which continues to create uncertainty in...

Equity has also continued to deliver efficiency, convenience and flexibility to its customers by investing in the development of innovative...

Stanbic Holdings Plc has reported an impressive KES 9.1 billion after-tax profit, marking a 26% growth from the previous year

Meanwhile, in Homa Bay County, the M-PESA Foundation in partnership with the County Government of Homa Bay launched two boreholes...

The combination of MTN and Telkom would have overtaken rival Vodacom Group Ltd. in having the most subscribers in South...

Schmidt Futures, in partnership with the Rhodes Trust, have today announced the second cohort of 100 Rise Global Winners, five...

This is a unique opportunity for young investors to learn about the operations of the stock market as they hone...

Ali Hussein Kassim was recently appointed to serve on the board of the Africa Fintech Network as an Executive Board...

Shelter Afrique Chief Finance Officer Kingsley Muwowo has been acting as Managing Director since Chimpondah left the firm early this...

Shares in the Asia-Pacific were mostly higher on Monday as investors monitored market reaction to Chinese economic data. Mainland China...

A stronger dollar also weighed on oil prices as a firmer greenback makes oil more expensive for holders of other...

Once completed, this acquisition will complement KCB Group’s regional footprint with an asset base of Kes. 1.5 Trillion (USD 12.6...

John Ngumi is currently the Board Chair of the Industrial and Commercial Development Corporation (ICDC), a position he has served...

The Officer Commanding Mumias Police Station be and is hereby ordered to facilitate the safe return of all vandalized and...

EABL delivered a strong beer performance, up 27 percent, aided by the beer recovery in Kenya. The Group’s spirits category...

A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the...

It will be delivered through a hybrid approach including classroom learning, mentorship, and internships for the experiential part of the...

KCB Bank’s new interest rates are currently the highest compared to the average industry interest rates on fixed deposit accounts...

Centum Investment Company Plc shareholders are set for a Kes 391 million dividend payout, marking a 77% increase in dividend...

Delna Sethna has more than 20 years of experience in the creative and marketing space. She comes to Ogilvy from...

The Capital Markets Authority (CMA) has granted approval to TransCentury Plc (“TC”) to undertake a rights issue The rights will...

Oil prices eased on Wednesday, giving up earlier gains, after China and Japan reported weak economic data, fueling concerns about...

Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments...

Sources said an OPEC+ technical panel meeting on Tuesday did not discuss a hike of more than the expected 40,000...

Analysis indicates that despite shifting borrowing from short-term debt instruments to medium and long-term instruments, Kenya's domestic debt stock has...

Bitcoin price started a major decline below the $42,000 and $40,000 support levels. BTC gained pace below the $38,000 level...

Netflix said it plans for a more back-end weighted content slate in the first quarter, with big premieres set for...

The derivatives market of the NSE was fairly flat in activity compared to Tuesday’s trading with 10 single stock futures valued...

OPEC+ supply constraints and the ongoing increase in global oil demand will likely keep oil prices well supported in the...

Some oil producers within the Organization of the Petroleum Exporting Countries (OPEC) are struggling to pump at their allowed capacities,...

In earnings across Asian companies, Taiwan’s TSMC reported its fourth-quarter results, posting a record of a 16.4% rise in quarterly...

Data from the U.S. Energy Information Administration on Wednesday showed oil demand has taken a hit from omicron, with gasoline...

Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the...

Asian markets mostly fell on Tuesday as investors remain concerned about inflation as well as likely policy tightening from central...

Global petroleum production increased more slowly than demand, driving higher prices. The slower increase in production was mostly attributable to...

Last year, oil prices rose around 50%, spurred by the global economic recovery from the COVID-19 pandemic slump and producer...

Trading on the secondary bond market on the NSE posted an increase in value, compared to Thursday's trading, with bonds...

After rising for several straight days, oil prices stalled on Friday as Covid-19 cases soared to new pandemic highs across...

Oil gained more ground on Tuesday with prices trading close to last session’s one-month high on expectations that the Omicron...

The U.S. dollar index, which tracks the greenback against a basket of its peers in Asia, was at 96.158 after recently...

Gold prices inched higher on Monday, staying above the key $1,800 per-ounce level, as slightly weaker U.S. Treasury yields offset...

Russia believes oil prices are unlikely to change significantly next year with demand recovering to pre-pandemic levels only by the...

Shares in Asia-Pacific were mixed on Friday as some major markets in the region, including Hong Kong and Singapore, closed...

Shares in Asia-Pacific rose in Thursday trade, as fears over the omicron Covid variant eased in Asia and various economic...

Stocks on Wall Street indexes closed broadly higher on Wednesday after investors cheered positive economic data and the White House...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 8,857,100 shares in 853...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE). A total of 13,002,800 shares...

IMF Deputy Managing Director and Acting Chairperson of the Executive Board, Antoinette Sayeh, said Kenya had shown remarkable resilience to...

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures falling 3.25% to $71.13 per...

The oil and gas rig count, an early indicator of future output, rose by three to 579 in the week...

Kakuzi Plc is also the first organisation in sub-Sahara Africa to establish a functional Independent Human Rights Advisory Committee (IHRAC).

Benchmark Brent crude oil futures and WTI both gained around 2% on Thursday, buoyed by record U.S. implied demand.

Wall Street ended sharply higher on Wednesday after the Federal Reserve said it would end its pandemic-era bond purchases in...

South Korea’s Kospi closed near flat to 2,989.39 during Asia's trading hours, while in Australia, the S&P/ASX 200 dipped 0.7%...

The derivatives segment on the Nairobi Securities Exchange (NSE) posted gains in activity with 4 single stock futures contracts valued...

Chinese stocks declined on Tuesday, tracking other losses in Asia-Pacific markets, as the omicron variant returned to focus. Meanwhile, bitcoin...

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) declined with bonds valued at Kes 1.78 billion...

Questions had swirled over whether Evergrande & Kaisa were simply too big to be allowed to fail, given its collapse...

Oil prices extended gains on Thursday on confidence that the omicron coronavirus variant would not dent global growth, even as some...

Wall Street closed slightly higher on Wednesday with the three major indexes managing their third straight day of gains after...

Investors on wall street were also reassured by positive news about the Omicron variant of COVID-19, which had helped send...

A delay in the return of the Iranian oil supply also supported prices. Indirect U.S.-Iran nuclear talks have hit roadblocks....

Australia’s S&P/ASX 200 closed near the flatline to 7,245.10, also recovering from slight losses earlier. MSCI’s broadest index of Asia-Pacific...

KCB Group Plc had announced the proposed acquisition on 26 November 2020, informing shareholders that it had entered into a...

Nvidia rallied 2.9% on wall street as it bounced back from a selloff in Big Tech stocks early this week....

The Nasdaq ended lower for a second straight session on Tuesday, while the S&P 500 rose, as rising Treasury yields...

In extended trade, Zoom Video Communications jumped 6% on the Nasdaq after the video-conferencing company posted quarterly revenue that beat...

Japanese Prime Minister Fumio Kishida signalled on Saturday he was ready to help counter soaring oil prices following a request...

Tesla Inc extended its decline, shedding 0.4% during trading on wall street following news that CEO Elon Musk sold about...

All three major wall street indices fell, extending their losses throughout the trading day and adding to Tuesday’s sell-off which...

Wall Street closed lower on Tuesday, ending a multi-day rally of consecutive record closing highs as profit-taking and worries over...

Shares in Asia-Pacific were mixed on Tuesday following overnight gains on Wall Street that took the major indexes to record...

Oil prices rose for a third straight session on Tuesday as the passage of a U.S. infrastructure bill, Chinese exports...

At the end of September, Berkshire Hathaway's cash pile reached a record $149.2 billion, up from $144.1 billion in the...

Fresh concerns have been raised about China’s property sector as Kaisa Group has become the latest developer to miss a...

KRA had a surplus of Kes.5.9 billion in revenue from Domestic Taxes where Kes. 96.6 billion was collected against a...

Wall Street’s benchmark indices scored record closing highs on Friday and booked solid gains for the week following a strong...

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

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

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 last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of...

Standard Investment Bank (SIB) has successfully traded the largest purchase of Acorn Holdings’ Income and Development Real Estate Investment Trust...

East Africa's economic growth is projected to rise to 4.1 per cent in 2021, up from 0.4 per cent in...

Facebook CEO Mark Zuckerberg announced the change Thursday, saying he wanted a new brand and a clearer corporate structure to...

The reason behind the bullish momentum of Shiba Inu, is as a result of an increase of user access via...

The Capital Markets Authority (CMA), Kenya Pension Funds Investment Consortium (KEPFIC) and Nairobi Securities Exchange (NSE) have signed a Memorandum...

Wall Street benchmarks, the S&P 500 and the Dow climbed on Wednesday with the Dow hitting an intraday record high...

Global markets remained positive during the week as investors kept a keen watch on the earnings reports and also a...

The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com...

Stocks on Wall Street finished lower on Tuesday, extending losses late as investors grew more jittery in the run-up to...

Oil prices rose on Monday, extending multiweek gains, amid supply restraint from major producers and growing demand for fuels as economies...

The world investor week is important in reminding investors that in every single decision that they make, they need to...

The Central Bank of Nigeria has announced the postponement of the launch of the country’s digital currency, eNaira.

The derivatives market of the Nairobi Securities Exchange (NSE) posted a decline in activity with 15 single stock features valued at...

CMA is mandated to regulate the structured spot commodity markets in Kenya. The Coffee Exchange Regulations were gazetted by the...

Shares in Asia-Pacific slipped in Friday trade, with Japanese markets among the region’s biggest losers.