Tag: spotlight

At the end of September, Berkshire Hathaway's cash pile reached a record $149.2 billion, up from $144.1 billion in the ...

November started off on solid footing for global markets, with equity markets logging their best weekly return in more than ...

Fresh concerns have been raised about China’s property sector as Kaisa Group has become the latest developer to miss a ...

KRA had a surplus of Kes.5.9 billion in revenue from Domestic Taxes where Kes. 96.6 billion was collected against a ...

Wall Street’s benchmark indices scored record closing highs on Friday and booked solid gains for the week following a strong ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 7,770,400 shares in ...

Stocks in Asia-Pacific were mixed on Friday as shares in Hong Kong led to losses among the region’s major markets. ...

Bank of Kigali (BK Group Plc) has reported a Net Income of Kes 4.1 billion (US$ 36.6 million) an increase ...

Oil prices rose around 1% on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 11,480,200 shares in 977 deals, ...

Capital Markets Authority (CMA) has granted  MTN Uganda permission for its Initial Public Offering (IPO) to be marketed in Kenya, ...

Shares in Asia-Pacific rose on Thursday following the U.S. Federal Reserve’s announcement that it will start tapering the pace of its bond purchases ...

MTN Group has announced plans to proceed with a public offer to sell up to 575 million shares in its ...

Oil prices extended declines on Thursday after Iran and world powers agreed to resume nuclear talks this month that could ...

CMA has further extended two provisional licenses granted to Mt. Elgon Coffee Marketing Agency Limited and United Eastern Kenya Coffee ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 12,295,700 shares in 958 deals, ...

Kenya Power and Lighting Company (KPLC) emerged from a loss-making territory or Net Loss of Kes 939 Million in 2020 ...

Shares in Asia-Pacific were mixed on Wednesday as investors looked ahead to the end of the U.S. Federal Reserve’s two-day meeting for clues ...

Development Finance Corporation (DFC), a US government agency has delayed the disbursement of a $500million (Kes 53.97 billion) loan to ...

Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in ...

In company news, shares of Under Armour Inc jumped 16.5% on wall street after the athletic apparel maker raised its ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 14,636,100 shares in 1,432 deals, ...

Shares in Asia-Pacific were mixed on Tuesday, as Hong Kong-listed shares of Chinese real estate firms fell amid renewed fears. ...

Centum Investment Company’s private equity wing targets acquisitions in various sectors of Kenya’s economy. Centum Capital Partners, a wholly-owned and ...

Oil prices were steady on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, ...

The Nairobi Securities Exchange (NSE) on Monday announced the commencement of trading of the East African Breweries Plc Kes. 11 ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 16,997,600 shares in ...

 Shares in Asia-Pacific were mixed on Monday as investors reacted to economic data that showed a mixed picture of Chinese ...

Kenya Electricity Generating Company PLC (KenGen) has reported a 7%  increase in Profit Before Tax from Kes.13.79 billion to Kes.14.76 ...

 Oil prices dropped on Monday as China's release of gasoline and diesel reserves eased concerns over tight global supply, while ...

While history often points to October as a volatile month for global markets, this year we saw the opposite in ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

Standard Investment Bank (SIB) has successfully traded the largest purchase of Acorn Holdings’ Income and Development Real Estate Investment Trust ...

Shares in Asia-Pacific were mixed on Friday as investors monitored stocks of Apple suppliers after the tech giant’s revenue miss. Mainland ...

East Africa's economic growth is projected to rise to 4.1 per cent in 2021, up from 0.4 per cent in ...

U.S. oil stocks rose much more than expected in the week to Oct. 22, data from the Energy Information Administration showed on ...

Facebook CEO Mark Zuckerberg announced the change Thursday, saying he wanted a new brand and a clearer corporate structure to ...

The reason behind the bullish momentum of Shiba Inu, is as a result of an increase of user access via ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,935,800 shares in 781 deals, ...

The Capital Markets Authority (CMA), Kenya Pension Funds Investment Consortium (KEPFIC) and Nairobi Securities Exchange (NSE) have signed a Memorandum ...

Shares in Asia-Pacific were lower in Thursday trade as the Bank of Japan announced its decision to hold steady on monetary policy. ...

Kenya has received a Kes 16.67 billion ($150 million) loan from World Bank to support local communities hard hit by ...

Oil prices slumped to their lowest in two weeks after official figures showed a surprise jump in U.S. inventories of ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 12,645,900 shares in 1,015 deals, ...

 Shares in Asia-Pacific were lower on Wednesday, with Chinese tech stocks in Hong Kong seeing big losses. Hong Kong-listed shares ...

The Central Bank of Kenya (CBK) has revoked the authorisation granted to Mobile Pay Limited (MPL) which has the brand ...

The Nairobi Securities Exchange (NSE) has received approval from the Capital Markets Authority (CMA) to initiate day trading. The rollout ...

Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 9,215,500 shares in 1,163 deals, ...

Konza Technopolis Development Authority (KoTDA) is seeking to partner with the Nairobi Securities Exchange (NSE) to connect investors with viable ...

Stocks in Asia-Pacific were mixed on Tuesday after major indexes on Wall Street rose to record closing highs stateside. Japanese stocks led ...

Allianz, one of the world’s leading insurers and asset managers, has completed the acquisition of a majority stake in Jubilee ...

Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by strong demand ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 12,871,400 shares in ...

Shares in Asia-Pacific were mixed on Monday as investors reacted to the release of HSBC earnings. Hong Kong’s Hang Seng index closed little changed ...

President Muhammadu Buhari is set to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on ...

HF Group Plc has appointed Prof. Olive M. Mugenda as an Independent Non – Executive Director and Chairperson of the ...

Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 11,992,800 shares in ...

Asia-Pacific markets were mixed on Friday, as shares of China Evergrande Group surged in Hong Kong following media reports that the embattled developer ...

President Uhuru Kenyatta has urged the country’s National Treasury and other stakeholders to immediately revise upwards the cash transactions threshold ...

Kenya and Malawi have inked eight new agreements designed to boost bilateral relations including trade and investments between the two ...

Oil prices fell on Friday with Brent on track for its first weekly dip in seven weeks as demand for ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 25,137,200 shares in 1,150 deals, ...

Stocks in Asia-Pacific were mixed on Thursday, as investors monitored shares of developer China Evergrande Group in Hong Kong. Evergrande shares dropped ...

Oil prices were mixed on Thursday, paring earlier gains, as some investors scooped up profits from the recent rally while ...

Wall Street benchmarks, the S&P 500 and the Dow climbed on Wednesday with the Dow hitting an intraday record high ...

Shares in Asia-Pacific were mixed in Wednesday trade as China kept its benchmark lending rate unchanged. The Hang Seng index in ...

Oil prices slipped on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 23,650,900 shares in 1,189 deals, ...

The National Treasury has approved to inject cash into Kenya Power and Kenya Airways in the financial year starting July ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 12,433,200 shares in ...

Oil prices hit their highest in years on Monday as demand continues its recovery from the Covid-19 pandemic, boosted by more ...

Global markets remained positive during the week as investors kept a keen watch on the earnings reports and also a ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 23,036,400 shares in ...

Shares in Asia-Pacific rose on Friday following overnight gains on Wall Street with the S&P 500 jumping nearly 2%. The Taiex in Taiwan ...

The Energy and Petroleum Regulatory Authority (EPRA) cut fuel prices by Kes 5 per litre, bringing down the cost of ...

Bitcoin, the largest cryptocurrency by market capitalization has hit a six-month high on Friday, approaching the record hit in April, ...

 Oil prices climbed on Friday, heading for gains of more than 2% for the week, on increasing signs of robust ...

Kenya has been assigned a “B+” rating from Agusto & Co. Limited, a Pan-African Credit Rating Agency and a leading ...

Oil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a ...

The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 6,515,300 shares in 1,019 deals, ...

Stanbic Holdings Plc has announced the appointment of Mr Joseph Muganda as an Independent Non-Executive Director on the Board effective ...

Asian Pacific stocks closed higher as shares in mainland China edged higher on Wednesday as investors reacted to the release ...

MTN Uganda is offering East African investors free shares to motivate them to buy stock in the telecoms firm that ...

Oil prices dropped on Wednesday, after a mixed finish in the previous session, amid worries that soaring coal and natural ...

Stocks on Wall Street finished lower on Tuesday, extending losses late as investors grew more jittery in the run-up to ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 17,839,700 shares in 886 deals, ...

East African Cables posted a Net Loss of Kes 753.2 Million at the end of the financial year ended 31st ...

Shares in Asia-Pacific tumbled on Tuesday, with major indexes in China and South Korea falling at least 1%. The Hang Seng ...

Bitcoin extended its two-week rally Monday, climbing to the highest level since early May. The cryptocurrency last traded more than ...

Sub-Saharan Africa is set to emerge from the 2020 recession brought about by the COVID-19 pandemic with growth expected to ...

 Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of ...

Shares in Asia-Pacific were mixed in Monday trade as stocks in Hong Kong led gains regionally. Hong Kong’s Hang Seng index ...

Oil prices rose on Monday, extending multiweek gains, amid supply restraint from major producers and growing demand for fuels as economies ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 27,205,800 shares in ...

Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised ...

Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 25,772,600 shares in 923 deals, ...