Salaam African Bank, the leading bank by branch network in Djibouti, has acquired 100% ownership in Kenya’s Uwezo Microfinance Bank, giving the lender a presence in Kenya’s banking industry. The acquisition took effect on March...

Oil prices edged higher on Friday, taking a break after three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks...

Kohl’s Corp slumped 10.17% on wall street after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.

At the end of today's trading session on the Nairobi Securities Exchange  A total of 10,866,500 shares in 793 deals, corresponding to a market value of KES 240,664,199.00, were traded. Compared with the previous NSE...

Stocks in Asia-Pacific were mixed on Thursday, with data showing Japan’s exports surging in April. The Nikkei 225 finished the trading day 0.19% higher at 28,098.25 while the Topix index advanced slightly to 1,895.92. Nikkei 225 Index...