The Trading Room

Moody's Investors Service ("Moody's") has affirmed Ethiopia's B1 long-term issuer and senior unsecured ratings changing the outlook on the Government of Ethiopia to negative from stable on September 20, 2019. Moody's Investors Service said in...

Government owned East African Portland Cement company last week issued a one month notice termination of contract for its employees in managerial positions. Managing Director Stephen Nthei told the trading room that this was in...

Shareholders of troubled Cement Maker Athi River Mining Company will have to wait longer to know the fate of the company as Businessman Jaswant Rai heads back to court on Monday. Directors and majority shareholders...

The old legal tender of Kes. 1,000 becomes defective in just ten days. Central Bank of Kenya issued a new legal tender for the which the Kes 1,000 has been the first CBK Governor Patrick...

National Carrier Kenya Airways yesterday announced that it will suspend its direct flights to Libreville and Cotonou as from 14 October ,2019. KQ said this was in line with their restructuring plan and that they...