The Trading Room

Nyakoe Hotel, Kisii County The National Bank of Kenya (NBK) has placed Nyakoe Hotel under receivership due to an insolvent debt of unknown size. Receivership is a legal procedure in which a court or a...

The Central Bank of Kenya (CBK) has raised KES 179.8 billion from the tap sale of two reopened infrastructure bonds auctioned last week. The sale, which advertised KES 50 billion, with coupon rates of 12.5%...

Listed lender Standard Chartered Bank Kenya has recorded a 21% decline in after-tax profit to KES 8.1 billion in the first six months ended June 30, 2025, down from KES 10.2 billion in the same...

KCB Bank kenya has started negotiations to acquire 40%  stake in local Ethiopian Bank.This move was initiated by Ethiopia National Bank allowing foreigh banks to invest in their country.This is one of the financial reforms...

The Nairobi Securities Exchange (NSE) market cap has surged 63.8% to KES 2.62 trillion year-on-year, the highest since February 2022. The market boom has been underpinned by a shift in investors’ interest from bonds to...