Market News


Nairobi’s property market remains subdued due to political uncertainty

The property market in Kenya remains depressed in the third quarter of 2017 owing to direct result of uncertainty in the market ...

Rate cap has impacted on Kenyan banks lending and deposit rates – Fitch

Fitch Ratings says  Kenya's cap on loan rates and its floor on deposit rates have had a dramatic impact on the spread ...

GeoPoll ranks Equity as most preferred bank

Equity Bank has been identified as the most preferred bank in Kenya according to a recent GeoPoll Straw Poll conducted in August ...

Kenya Power half year 2017 pre-tax profit down 9.7pc

Kenya Power has posted a 9.7 percent decline in their pre-tax profit to KSh10,912 million in the first half of 2017 ...

Rate cap has led to decline of loan applications and disbursements – KBA

Capping of interest rates at 4 percent above the Central Bank Rate (CBR) has not led to the intended objectives says the ...

The Kenyan economy is taking a hit – President Uhuru concerned

President Uhuru Kenyatta has raised concern over the current political stalemate in the country saying it is affecting the economy. “Things are ...

Online platform launched to promote trade and ease of doing business

Kenya’s initiative to promote the buy Kenya build Kenya has been given a boost with the launch of online trade portal aimed ...

KenGen Posts Ksh 9.1 Billion Shillings in Profits After Tax

Kenya Electricity Generating Company (KenGen) has posted a pretax profit of Ksh 11.53 billion in its Financial Year to end June. ...

Jumia Travel Revives Business in Sudan Following Uplifting of Sanctions by the US

Jumia Travel, an online hotel portal which enlists more than 30,000 hotels across the continent is set to revive its business in ...

Kenya To Have 3 Million More Electricity Customers by 2020
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Kenya is set to have three million more customers added to the national grid by the year 2020 according to the report ...