The Trading Room

Absa Group subsidiary, Absa Bank Uganda, has signed an agreement to acquire Standard Chartered Bank Uganda’s Wealth and Retail Banking (WRB) business. The deal follows StanChart’s announcement last year that it was exploring the divestment...

In Week 43 of 52, equity trading volume at the NSE totaled 134.4 million shares, up by 82% from 74 million shares traded in the previous week, bringing aggregate market turnover to KES 4.2 billion,...

Kenyan Banks contributed a total of KES194.81 billion to the National Treasury in the year ended 31 December 2024, according to the Total Tax Contribution of the Kenya Banking Sector – 2024 Report. The report,...

Oil prices rose in early Monday trading, buoyed by renewed optimism over U.S.-China trade relations and reinforced by sanctions-driven supply constraints.

Safaricom Plc, Kenya’s leading mobile network operator, marked its Silver Jubilee, celebrating 25 years of operation since its official launch on October 23, 2000, a journey characterized by growth, innovation and transformation.  Dr. Peter Ndegwa,...