Market News


Public Feedback Wanted for 2016/17 National Budget
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The public has been invited to give feedback on the 2016/17 National Budget after it early this month. “The Cabinet Secretary, Mr. ...

KES 264.3 Bn Lost to Corporate Governance Issues
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Kenyan investors have incurred Kshs. 264.3 billion losses as a result of isolated corporate governance issues affecting a section of companies, ...

Deacons Shareholders Give Nod to List on Nairobi Securities Exchange

The shareholders of Deacons Kenya Ltd. approved the listing of the Company’s shares by introduction subject to statutory and regulatory approvals from ...

Govt Orders Tax Waiver on Payments of Bonuses, Overtime and Retirement Benefits
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Kenya’s low-income earners will have their bonuses, overtime and retirement incomes boosted if a tax waiver on them is implemented. President Uhuru ...

Employment Increased in 2015 -KNBS Economic Survey
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In 2015, total employment outside small-scale agriculture and pastoralist activities increased by 5.9 percent to 15,160.8 thousand persons according to ...

NSE Investment Challenge Launched
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Kenyan Youths in any tertiary institution of learning (universities, technical schools or any post-secondary institution of learning) will benefit from the Nairobi Securities ...

Kenyan Shilling Repeats Stellar Performance
Barclays Africa Expect the Shilling to Hit 106 Against USD by End of 2018
The Kenyan shilling leveraged on gains recorded in the previous two trading periods, registering a rally against all of the currencies in ...

Kenya’s Insurance Sector Saturated with Low Penetration – Report
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The insurance sector in Kenya is saturated and faces low penetration rates in one of the best-regulated markets. The insurance sector is fragmented and competition ...

Safaricom Pays Artistes KES 152 Mn in Skiza Tunes Royalties
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Safaricom Limited has released Kshs.152 million to Collective Management Organisations (CMOs) and Premium Rate Service Providers (PRSPs), for payment to artistes ...

Kenya Sets FY2016/17 Budget Deficit to 9.3 percent Starting July
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The Kenyan Treasury has projected an overall budget deficit equivalent to 9.3 percent of its gross domestic product for the fiscal ...