Kenya’s Inflation Rises to 19-Month High at 6.91% Pushed by Rising Energy Costs
Kenya's Inflation stood at 6.57% in August as the Central Bank of Kenya warned of risks arising from both domestic...
Kenya's Inflation stood at 6.57% in August as the Central Bank of Kenya warned of risks arising from both domestic...
“The upcoming OPEC+ meeting on Monday will be crucial for oil price direction next week. A production increase beyond 400,000 bpd would...
At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 14,867,500 shares in 953...
Shares in Asia-Pacific were mixed on Thursday, as investors reacted to the release of Chinese factory activity data for September....
Wall Street ended firmer on Wednesday in a partial rebound from the previous day’s broad sell-off, with remarks from U.S....
The independent analysis of Safaricom’s true value to society identifies the socio-economic and environmental impacts of the company and quantifies...
Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns...
Wall Street's benchmark indices, the S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as...
Huawei has nearly 30 years of expertise in the WAN field and will continue to build the competitiveness of its...
Gold is often considered a hedge against higher inflation, but a Fed rate hike would increase the opportunity cost of...
Global markets were mixed this week, as many analysts comprehended the possible impact of China's Evergrande Group into a global...
The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains...
Telkom, the number three South African telecommunications operator has enjoyed a positive response to news that it plans to spin...
The benchmark wall street indexes for U.S stock markets rose 1% on Wednesday as investors mostly took in stride the...
Let’s talk about Buy now pay later Going shopping is fun if you have the finance that is. But imagine,...
Elsewhere in Asia, the Nikkei 225 in Japan slipped 0.67% to close at 29,639.40 while the Topix index shed 1.02%...
The majority of Wall Street investors are waiting for the end of this week’s Fed meeting that may shed light...
Global markets were mixed this week as various economic development from various markets across the markets, in the news was...
Shares in Asia-Pacific were mixed on Friday, with shares of China Evergrande Group continuing to take a beating.
Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened...
Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy’s recovery and...
Forex exchange reserves dipped by over Kes. 11.3 billion after the Central Bank of Kenya (CBK) released more dollars into...
M-PESA, the world’s leading mobile money service has today announced that it has reached 50 million monthly active customers strengthening...
The bitcoin adoption idea has been to place 200 ATMs where El Salvador citizens can exchange Bitcoins for US dollars...
The Nasdaq ended Friday at a new peak but the other main Wall Street indexes fell, reflecting the mixed sentiment...
Technology stocks, which tend to benefit from a low-rate environment, finished higher, upping Nasdaq to record close. Apple Inc rose...
Wall Street benchmark indexes, the S&P 500 and Nasdaq topped their record closes once again on Monday, bolstered by technology...
Asia-Pacific markets traded mixed on Friday as investors remained cautious ahead of the Federal Reserve’s annual Jackson Hole symposium where...
Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while...
Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA’s full approval of a COVID-19...
Wall Street rallied on Monday, and the Nasdaq reached an all-time closing high as sentiment was boosted by full FDA...
Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering...
U.S Stocks, looked on as the global market's benchmark pulled back for the week but not before the S&P 500...
At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of...
Wall Street's benchmark, the S&P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares...
At the end of Thursday's trading session on the Nairobi Securities Exchange (NSE). A total of 28,493,200 shares in 1,099...
The U.S. dollar index, which tracks the greenback against a basket of its peers in Asia, was at 93.41 after...
KCB Group Plc has posted a strong performance in the first half of the year, driven by improved economic activity,...
Wall Street's main indexes slid on Wednesday, with the S&P 500 falling over 1%, after the release of minutes from...
TotalEnergies Marketing Kenya, one of the biggest suppliers of Petroleum and Gas products in East Africa, has appointed Mr Eric...
Wednesday’s delay on the Johannesburg Stock Exchange meant investors in Naspers, the biggest shareholder in Tencent, were unable to immediately...
Wall Street’s main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a...
Asia-Pacific stocks slipped on Monday as investors reacted to the release of Chinese economic data for July. Retail sales in China rose...
Trading on the secondary bond market at the NSE posted a 2.99% decline in activity with Kes.21.99 billion worth of...
South Korean and Taiwanese stocks led losses among major Asia-Pacific markets in Friday trade, with shares of firms related to...
The International Finance Corporation (IFC) has partnered with FMO, a Dutch development bank, to assist small businesses in Kenya by...
Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products...
The Johannesburg Stock Exchange (JSE) and FTSE Russell have once more partnered to launch a new multi-asset index solution for...
If you are planning to visit Ghana in the near future or have recently relocated there, continue reading to find...
Gold prices edged lower on Wednesday, pressured by a stronger dollar and a rise in bond yields, while investors cautiously...
Wall Street's Dow Jones Industrial Average rose 162.82 points, or 0.46%, to 35,264.67, the S&P 500 gained 4.4 points, or...
The derivatives market of the NSE posted flat activity during Tuesday's trading session, with 19 single stock futures contracts valued at...
Local agri-business firm Kakuzi PLC has announced the appointment of an Independent Human Rights Advisory Committee (IHRAC) to be chaired...
Shares in Asia-Pacific were mostly higher on Tuesday. Meanwhile, South Korean game developer Krafton plunged in its debut. South Korea’s...
SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.2% to 1,023.54 tons on Monday from...
At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of...
Safaricom and the Nairobi Securities Exchange (NSE) have today announced a partnership that is set to enable Kenyans to invest...
Oil prices fell nearly 2% on Monday, extending last week’s steep losses on the back of a rising U.S. dollar...
Reinsurance company Kenya Re posted a 66% decline in half-year profit for the period that ended on 30th June 2021 despite...
Crude Oil prices slid on Friday, and were on track for steep weekly declines on concerns over the impact on...
The derivatives market of the NSE posted a rise in turnover and activity during Monday’s trading session, with 29 single stock...
Bank of Kigali (BK) Group led the gainers on the NSE with 7.06% share price appreciation closing at KES 31.85...
Oil prices edged higher on Thursday, supported by tensions in the Middle East, but failed to regain most of the previous...
The Kenya Power Board of Directors has appointed Rosemary Oduor as the acting managing director and chief executive officer of...
At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 5,843,800 shares in 880...
Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the delta variant of...
African Securities Exchanges that include some of the most vibrant and biggest bourses in the continent have moved a step...
The derivatives market of the Nairobi Securities Exchange (NSE) posted a rise in turnover during Monday's trading session, with 19 single...
Shares in major Asia - Pacific markets rose on Monday, as data showed Chinese manufacturing activity growth slowed in July.
Oil prices fell on Monday on worries over China’s economy after a survey showed factory activity growing at its slowest pace...
The Nasdaq ended lower on wall street on Thursday, pulled down by Apple, Amazon and other Big Tech companies as...
The Kenya Revenue Authority (KRA) has announced plans to auction Kenya Power transformers if 30 days elapse before they clear...
Manufacturers from Kenya and Tanzania have called for the expedited resolution of non-tariff barriers (NTBs) and the review of the East African Community Common External Tariff (EAC CET). This...
Anwar Soussa has been picked to lead the Global Partnership for Ethiopia, an international consortium comprising Safaricom Plc, Vodacom Group,...
Oil prices fell on Monday, with Brent dropping after four days of gains, as investors and traders awaited crucial talks...
Nairobi Business Ventures (NBV) has announced plans to acquire four businesses in Kenya at a combined cost of Kes 3...
The S&P 500 and the Nasdaq both registered record closing highs on Tuesday, lifted by Apple Inc and other technology...
Over 1.3 million Safaricom customers have downloaded the M-PESA Super App while more than 100,000 businesses have downloaded the M-PESA...
Shares in Asia-Pacific dropped on Monday, as Japan’s markets plummeted. Meanwhile, China kept its benchmark lending rate unchanged. Japanese stocks...
The National Treasury Cabinet Secretary Ukur Yatani while presenting FY2021/2022 budget before Parliament acknowledged prevailing revenue collection challenges owing to...
Access Bank, Nigeria’s largest lender, has completed the acquisition of Mozambique’s African Banking Corporation, another milestone achievement in Access Bank’s...
Shelter Afrique, the Pan-African housing development financier, has inked an MoU with Triangle Real Estate, a Juba-based real estate firm...
KRA recorded improved collection in all revenue streams where Customs & Border Control net the taxman Kes. 54 billion against...
At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 14,311,000 shares in 987...
The share price valuation puts Coinbase at a whooping 65.3 billion U.S Dollars on listing.
KenGen Plc, the company carrying out the field work, has just completed the first geothermal drilling at the site in...
Volume on wall street stood at 9.65 billion shares, compared with the 12.39 billion average for the full session over...
The latest rally of Bitcoin up at $60,000 lifts bitcoin’s market cap to $1.12 trillion, not so far below the...
Rolls Royce remained optimistic that it would start to generate cash in the second half of 2021, indicating that it...
Bitcoin’s price soar from Wednesday, was sustained through early trades on Thursday after the world's largest cryptocurrency experienced a sharp...
Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalization cross...
Bharat Thakrar, the Chief Executive Officer of listed marketing firm WPP Scangroup, and his Chief Finance Officer Satyabrata Das have...
The International Monetary Fund (IMF) on Monday said it will soon disburse Kes 262.69 billion (USD 2.4 billion) to the...
Kenya's top lender, KCB Group, has made a formal application to the regional competition watchdog to be cleared for the...
The Central Bank of Kenya (CBK) Monetary Policy Committee (MPC) on Wednesday kept the benchmark rate unchanged at 7% in...
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