The Trading Room

Commercial lender, Equity Bank Kenya, has placed Nairobi's Eastland Hotel under receivership due to an undisclosed debt.  Receivership is a legal procedure in which a court or a secured creditor designates a receiver to assume...

Building on last year’s pattern, the National Treasury and the Central Bank of Kenya (CBK) are again planning to reopen older bonds when raising new domestic debt on the back of predetermined interest rates amid...

Larry Ellison has briefly overtook Elon Musk as the world's richest man, this was after Oracle made $101 billion in a single day. This is the largest one-day increase ever recorded on the Bloomberg Billionaires...

U.S. retail giant Walmart intends to establish its presence in Africa by the end of 2025, with plans to open its first store in South Africa. The retailer already owns Massmart, a retail group in South...

The National Treasury has reversed course on arrangements to balance domestic and external borrowing after realizing how tough a hurdle it is to source financing from outside. The Exchequer set out to find a balance...