Market News


Five Arrested Over 446 Bags of Counterfeit Sugar in Kayole
Sugar
Police, on the night of 15th of August 2019, nabbed 22,300 kilograms of counterfeit sugar and arrested five suspects who were caught ...

Kakuzi Half Year Profits Dip By 9 Percent Over Lower Revenues on Tea
Avocado South Africa
Kakuzi has released its half-year results with profits declining by 9 percent on account of lower revenues from the sale of tea....

KCB Group’s Half Year Pretax Profits Up By 5 Percent
KCB
KCB Group has registered a 5 percent jump in pretax profits for the first half-year according to results released on Thursday.Kenya's ...

Relief At The Pump As Prices of Petrol And Diesel Dip
Petrol
Motorists have something to smile about in the next 30 days after the Energy and Petroleum Regulatory Authority (EPRA) reduced the price ...

Kenya’s Manufacturing Sector at a Mediocre Growth – World Bank
Kenya Inflation Economic Growth IMF, debts
World Bank’s “Jobs in Global Value Chain” (GVC) report shows that Kenya’s growth in the manufacturing sector is awful.The government of ...

Kenyan Coffee Prices Outshone by Rwanda’s at Mombasa Auction
coffee
Things at the Mombasa Tea Auction are shaky for Kenya as the quality of Rwanda’s coffee is seen to be shining brighter....

Parastatals Ordered To Surrender All Cash To Treasury
Banking
Kenya's National Treasury has ordered all State corporations to surrender all cash balances in their bank accounts.The decision to order parastatals ...

Interbank Rate Up To 3.2% As Banks Trade Cautiously
Banking
Last week witnessed a favourable liquidity in the markets as a result of government payments as well as the effect emanating from ...

CBK Remains Supportive As Shilling Depreciates 0.1%
The Kenyan Shilling Dollar Turnover Kenyan Shilling
The Kenyan shilling remained resilient against the US Dollar last week according to stats compiled by Cytonn Investments.Last week saw the ...

T-Bill Subscription Slightly Dips But Still Above The 100% Mark
T-Bill
Last week, T-Bill subscription slightly dropped but maintained its dominance above the 100 percent mark.The overall subscription rate stood at 122....






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