Market News


Carrefour Pushes to Bar Competitors Within its Premises

French retailer Carrefour is on a mission to bar its competitors in the retail sector from setting up business in prime locations ...

It “Is False” Foreign Affairs on the Release of Four Kenyans in Juba
It “Is False” Foreign Affairs on the Release of Four Kenyans in Juba
Foreign Affairs Ministry has refuted claims that the government had brokered a deal to release four Kenyans jailed in Juba, South Sudan,  ...

Four Kenyans Jailed in South Sudan Released

The four Kenyans who had been jailed for life in South Sudan have been released and will be expected back in the ...

Kenya’s Private Sector on a Recovery Path in Medium Term -PMI
Kenya’s Private Sector on a Recovery Path in Medium Term -PMI
Kenya’s private sector activity in Kenya rose marginally in November attributed to political instability in the country according to the latest Markit ...

Lufthansa Becomes the Only Five-Star Airline in Europe
Airline
Lufthansa. the largest German airline was on Monday awarded a five-star certification from British aviation consulting specialist Skytrax. The certification puts Lufthansa ...

Bitcoin Described as a ‘dangerous speculative bubble’
Cryptocurrency: Bitcoin Shaping  The Market of Finance?
Stephen Roach, Yale University senior fellow and the former Asia chairman and chief economist at investment bank Morgan Stanley says Bitcoin is ...

It is Time For Growth, Consolidation as Cytonn Eyes Regional Markets
It is Time For Growth, Consolidation as Cytonn Eyes Regional Markets
Cytonn Investments Management Plc says it is "It is time for consolidation and looking for more business" after posting robust profitability of ...

80pc of Kenyan Job-Seekers Willing to Quit Jobs for Better Pay
80pc of Kenyan Job-Seekers Willing to Quit Jobs for Better Pay
A new Trends and Insights For Africa (TIFA) study released Monday on employee-employer relationships, finding that 80 percent of the employed job ...

Cytonn Posts a 421.4% Profit Growth in their Q3’2017 Results

Cytonn Investments Management Plc (‘Cytonn Investments’) has posted a 537 million shillings’ profits growth (421.4 percent) on their financial results for ...

Diaspora Remittances Hit Fresh Month High in October
Investors Keep off Short-term T-bills as Yields dip at Auction
Diaspora Remittances Diaspora remittances in October hit a fresh monthly high of USD 185.5 million (30.13% y/y; 5.34% m/m) ...