Investment


Liquid Telecom Receives $180M Investment from CDC Group Plc

Liquid Telecom has reached an agreement with CDC Group Plc, the UK’s development finance institution, to invest $180m with the company.Owned ...

Challenges Hindering Profitability in Kenya’s Insurance Sector

The Insurance industry in Kenya can be termed as Africa’s most well-developed example with the best-regulated markets. The sector, with its challenging ...

Residentials Accounted for 85% of New Buildings in Nairobi County in 2017
Africa Will Be Fastest Urbanising Continent By 2020
By Rahab Mbiriti (Statistician)Residential buildings accounted for 85 percent of the completed private buildings reported to Nairobi City County in 2017 ...

Equities Recorded Mixed Performances With NASI and NSE 25 Declining
equities market Secondary
The equities market recorded mixed performances with NSE 20 gaining by 0.8 percent while NASI and NSE 25 declined by 1....

Private Firms Created Fewer Jobs in November Than in October

Kenyan companies hired fewer people in the month of November as compared to October as a result of a fall in demand ...

Number of Registered Agricultural Societies Grew by 4.99% in 2017 – KNBS

By Rahab Mbiriti (Statistician)The total number of agricultural societies and unions registered grew by 4.99 percent, from 5,629 in 2016 ...

Mastercard and Housing Finance Bank Partner to Build Uganda’s Digital Payments Ecosystem

Mastercard, in partnership with Housing Finance Bank, today launched Mastercard Debit and Prepaid Card options to the bank’s customers. These payment solutions ...

Average Interbank Rate Spikes To 4.1% in November
CBK Announces Ksh 35Bn Tap Sale on the Infrastructure Bond
The average interbank rate increased to 4.1 percent during the month of November from 3.6 percent in October, pointing to ...

Sending Money to China Through M-PESA is Now Possible

Subscribers of M-Pesa, Kenya’s largest mobile money platform can now send money to China through WeChat, one of the leading social media ...

UBA Reports 262% Growth in Profit Before Tax

United Bank for Africa (UBA), Kenya has today announced its results for the period ended September 30, 2018.The bank reported a ...






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