The Trading Room

Kenya has received a $750 million loan from the World Bank to support its budget and help the East African economy recover from the effects of the COVID-19 pandemic. The World Bank approved this development...

Stocks on wall street closed modestly higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 30,537,700 shares in 1,004 deals, corresponding to a market value of KES 1,168,022,928.00, were traded. Compared with the...

Shareholders of listed infrastructure firm Transcentury Plc have approved a rights issue, primarily aimed at the company raising capital for the operations of the company. The news of the rights issue which hit markets before...

Williamson Tea, one of the oldest tea companies in Kenya, has issued a profit warning for the financial year that ended on 31st March 2021. In a public statement, the company said ” currently forecast...