NCBA’s full-year net profit for the year 2020 nosedived by 42% to Kes4.6 billion as the bank ramped up its provisions for loan losses. The tier-one lender put aside Kes 20.4 billion to cover expected...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has switched to an OPEC+ meeting this week where the extension of supply curbs may be...

Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions of shares, while the banks index shed about 1.9%.

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 16,754,100 shares in 1,217 deals, corresponding to a market value of KES 653,715,725.00, were traded. Compared with the...

Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday. The Nikkei 225 in Japan gained 1.2% in afternoon trade while the Topix index advanced 0.79%. South Korea’s...