Trading on the secondary bond market at the Nairobi Securities Exchange (NSE) posted a 5.63% rise in activity with Kes.22.39 billion worth of bonds traded against the Kes 21.19 billion worth of bonds transacted in...

A license to operate telecommunication services in Ethiopia has been awarded to Kenya’s telco giant Safaricom in a consortium made up of Vodafone, Japan’s Sumitomo and UK finance agency CDC Group. License top bidders According...

Global markets were mixed during the week as various economic news streamed in. Inflation news seems to be taking global outlook  from all angles of the investors and could turn out to be a very...

Access Bank, Nigeria’s largest lender, has completed the acquisition of Mozambique’s African Banking Corporation, another milestone achievement in Access Bank’s expansion goals. This would be Access Bank’s fifth acquisition in almost half a decade. Diamond...

Absa Group unaudited Net Profit for the first quarter ended March 31st 2021 rose to Kes 2.4 Billion compared to Kes 1.96 Billion in Q1, 2020, an increase of 28%. The lender’s balance sheet size grew...