Tag: spotlight

A pull-back in economically sensitive cyclicals kept wall street benchmarks; the S&P 500’s and the blue-chip Dow’s gains muted, while ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,287,600 shares in 862 deals, ...

The International Finance Corporation (IFC) has announced that it invested over $1 billion in the telecoms, media and technology (TMT) ...

Shares in Asia-Pacific were higher on Thursday, with markets in Japan closed for a holiday. Hong Kong’s Hang Seng index was among ...

BAT Kenya Plc has declared an interim dividend of Kes 3.50 per ordinary share to be paid on 16th September ...

Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten ...

Netflix Inc late Tuesday reported slowing subscriber growth, sending its shares down 3.3% on wall street, the second-largest percentage loser ...

Kenyan marketing platform Alfluence Inc has raised $1 million (Sh108 million) led by Dubai-based EQ2 ventures joined by Nigeria VC ...

Shares in Asia-Pacific were mixed on Wednesday trade, following an overnight bounce stateside that saw the Dow Jones Industrial Average ...

The price of bitcoin ( BTC) dropped below $30,000 late Monday night for the first time since Jun. 22, dragging ...

Oil prices fell on Wednesday after an industry report showed an unexpected build-up in U.S. oil inventories last week, which ...

Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safe-haven U.S. Treasuries ...

Shares in Asia-Pacific fell on Tuesday following an overnight tumble for stocks on Wall Street that saw the Dow Jones Industrial ...

Standard Bank has revealed plans to acquire 100% ownership in financial services firm Liberty Holdings. Standard Bank is Africa’s largest ...

Oil prices fell more than $1 a barrel on Monday after the OPEC+ group of producers overcame internal divisions and ...

Kapchorua Tea Kenya Plc was the week’s top gainer on the NSE, adding 25.6% in investor wealth to close the ...

Global Markets were mixed, majority of them loosing ground last week yet remain in a steady and mostly uninterrupted uptrend ...

Wall Street ended lower on Friday, weighed down by declines in Amazon, Apple and other heavyweight technology stocks, while investors ...

Credit Fair, a consumer-lending fintech startup, has raised $15million as part of a seeding round led by two angel investors ...

At the end of the last weekday of trading on the Nairobi Securities Exchange. A total of 12,141,300 shares in ...

State-run Ethio Telecom, which invited private investors to buy a stake in it over the past few months, reported an ...

Shares in Asia-Pacific were mixed on Friday as the Bank of Japan held steady on monetary policy. The Nikkei 225 in Japan ...

Global insurance solutions firm Linkham Group based in the UK has officially confirmed completing a deal that will see them ...

Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to ...

The Nasdaq ended lower on wall street on Thursday, pulled down by Apple, Amazon and other Big Tech companies as ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,174,900 shares in 1,040 deals, ...

Relief for Kenyans after the government retained fuel prices at the same levels as last month in the July review. ...

Shares in Asia-Pacific were mixed on Thursday as China reported its second-quarter gross domestic product (GDP) rose. Mainland Chinese stocks ...

The Ethiopian Communications Authority(ECA) has issued the Final License to Safaricom Telecommunications Ethiopia PLC following its incorporation as a local ...

Oil prices fell nearly 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top ...

Wall Street's benchmark, the S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session ...

The dollar gained strength as Inflation surged after the release of the consumer price index report that increased by 5.4%, ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 13,331,800 shares in 1,100 deals, ...

Shares in Asia-Pacific mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report released overnight. The Shanghai Composite in mainland China fell ...

Unaitas Sacco has secured Kes 1 billion funding from Dutch private equity Oikocredit International for onward lending to small and ...

Oil prices fell on Wednesday on future demand concerns after data showed that China’s first-half crude imports dropped, but were ...

Wall Street benchmark indices, the S&P 500 and Nasdaq, ended lower on Tuesday after hitting record highs earlier in the ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 13,213,000 shares in 1,025 deals, ...

Square CEO Jack Dorsey has confirmed that the company is looking into building a hardware bitcoin wallet that will give consumers greater ...

Shares in Asia-Pacific were higher on Tuesday as investors reacted to China’s trade data for June. Hong Kong’s Hang Seng index led ...

The UK, other G7 countries and multilateral partners are set to invest $80 billion in the private sector across Africa. ...

Oil prices climbed on Tuesday, reversing some of the previous day’s losses, as tight supply and expectations of a further ...

Wall Street’s main indices closed at their highest levels ever on Monday, lifted by Tesla and bank stocks as investors ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 10,374,100 shares in ...

Stocks in Asia-Pacific rose on Monday, with shares in Japan and China leading gains regionally. Japan’s Nikkei 225 surged 2.25% to close ...

Social media giant TikTok has taken a drastic step toward not only banning cryptocurrency influencers on its platform but all ...

The Kenya Revenue Authority (KRA) has announced plans to auction Kenya Power transformers if 30 days elapse before they clear ...

Oil prices were lower in early Asian trade on Monday as the dispute in talks among key producers to raise ...

The market capitalization of the Nairobi Securities Exchange (NSE) posted a 1% rise this week to Kes 2.73 Trillion from the ...

Global markets had to offer a bit of everything for investors, from labor market readings to Federal Reserve minutes to ...

The three major wall street indexes rallied to record closing highs on Friday as financials and other economically focused sectors ...

At the end of the last weekday of trading on the Nairobi Securities Exchange. A total of 17,825,500 shares in ...

Shares in Asia-Pacific fell on Friday as Covid worries resurfaced in the region. South Korea’s Kospi dropped 1.07%% to close at 3,217.95. ...

Manufacturers from Kenya and Tanzania have called for the expedited resolution of non-tariff barriers (NTBs) and the review of the East African Community Common External Tariff (EAC CET). This ...

Mrs Jennifer Karina has been appointed as the chairperson of the Board of Directors at Kenya Reinsurance Corporation, with effect ...

Oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories but were ...

At the end of Thursday's trading session on the Nairobi Securities Exchange.  A total of 19,290,800 shares in 1,218 deals, ...

Oil prices fell for a third day on Thursday amid anxiety that supply may rise after the collapse of this ...

Stocks on wall street ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 15,587,500 shares in 1,202 deals, ...

Uganda has completely separated mobile money services from the regulation of the Uganda Communications Commission to the Bank of Uganda ...

Shares in Asia-Pacific were mixed on Wednesday following losses on Wall Street with the S&P 500 ending its seven-day winning ...

Diamond Trust Bank (DTK) has announced the appointment of Mr Jeremy Ngunze as the non-executive Director of the Bank with ...

Oil prices steadied on Wednesday after a steep drop in the previous session, following the cancellation of talks among OPEC+ ...

Liquid Technologies Africa's largest fibre company has partnered with Facebook to build an extensive long haul and metro fibre network ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 13,078,700 shares in 989 deals, ...

Shares in major Asia-Pacific markets struggled for direction on Tuesday as investors reacted to the Australian central bank’s interest rate ...

Kenya Electricity Generating Company (KenGen) is set to benefit from its Clean Development Mechanism (CDM) Projects further giving impetus to ...

Oil jumped to its highest level in nearly three years after talks between OPEC, and its oil-producing allies were postponed ...

Anwar Soussa has been picked to lead the Global Partnership for Ethiopia, an international consortium comprising Safaricom Plc, Vodacom Group, ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 17,387,700 shares in ...

The Kenya Revenue Authority(KRA) tax collection reached an eight-year high of Kes 1.669 Trillion during the financial year 2020/21 compared ...

Shares in Asia-Pacific were mixed on Monday as Brent crude futures hovered around $76 while investors watched for developments from ...

Nairobi Business Ventures recorded a 44.48% gain during the week on the Nairobi Securities Exchange (NSE) to close the week ...

Shares in Europe were down slightly, a surprise on global markets but backed on worries that inflationary pressures, seen across ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 17,761,200 shares in ...

Asia-Pacific stocks were mixed on Friday as investors looked ahead to a closely-watched U.S. jobs report set to be released ...

The Capital Markets Authority (CMA) has signed a Memorandum of Understanding (MoU) with the Kenya Private Sector Alliance (KEPSA) to ...

Centum Real Estate Limited has posted a 72% decline in profit after tax for the period ended 31st March 2021 ...

Oil prices held steady on Friday after OPEC+ ministers delayed a meeting on output policy as the United Arab Emirates ...

A survey conducted by the KBA Centre for Research on Financial Markets and Policy in collaboration with the Japan International ...

Didi Global Inc jumped 16.0% during trading hours on wall street, on its second day of trading as a U.S.-listed ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 23,766,100 shares in 1,056 deals, ...

Shares in Asia-Pacific slipped on Thursday as investors reacted to the release of Chinese economic data. Mainland Chinese stocks closed ...

Nairobi Business Ventures (NBV) has announced plans to acquire four businesses in Kenya at a combined cost of Kes 3 ...

The Energy and Petroleum Regulatory Authority (EPRA) has appointed Daniel Kiptoo as the new Director-General of the energy regulatory body ...

Wall Street's S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly ...

Kapchorua Tea Kenya has announced it will pay a first and final dividend of Kes 10 per share despite posting ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 12,676,300 shares in 1,017 deals, ...

Major Asian markets were mixed by the close on Wednesday, with oil prices continuing to rise. Meanwhile, China released its ...

TPS Eastern Africa, the owner of Serena Hotels plans to issue 200 million new ordinary shares through a rights issue after its ...

Oil prices on Wednesday extended the previous day’s small gains after an industry report showed U.S. crude stockpiles fell last ...

The S&P 500 and the Nasdaq both registered record closing highs on Tuesday, lifted by Apple Inc and other technology ...

The World Bank Board of Executive Directors has approved $130 million additional financing for the Kenya COVID-19 Health Emergency Response Project to ...

Shares in Asia-Pacific fell on Tuesday despite gains overnight on Wall Street as the S&P 500 and Nasdaq Composite closed ...

The United Nations Conference on Trade and Development (Unctad) report shows foreign direct investments (FDI) into Africa fell by $7 ...

Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the ...

Google has rolled out three programs worth Kes. 642 million ($6 million) which are expected to support women and young ...

Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 18,713,100 shares in ...