Market News


Nestlé and Innscor Partners to Enhance Consumers’ Out of Home Experience

Nestlé Professional, the out-of-home arm of Nestlé, has entered into a partnership with Innscor Kenya Limited to provide the latter with beverage ...

Nairobi City Water announces rations due to decreased levels

The Nairobi City Water and Sewerage Company have stated that Water shortage in Nairobi County is far from getting back to normal ...

Treasury downgrades 2017 economic outlook 5.1pc from 5.9pc

Kenya’s National Treasury has revised the 2017 Economic Outlook forecast to 5.1 percent from 5.9 percent attributed to drought and ...

SBM Holdings Limited  makes non-binding offer for Chase Bank
chase-bank-kenya
SBM Holdings Ltd, the third largest company listed on the Stock Exchange of Mauritius has expressed an interest in a total or ...

Diesel Consumption in Kenya Declines for the first time in Seven Years

Diesel consumption in Kenya slipped to 1.24 billion litres in the first six months of the year compared to 1.25 ...

Challenges Facing the Retail Sector in Kenya: Will It Be Out of the Woods?

The retail sector in Kenya has been going through turbulent times according to a report released by Cytonn Investments that looked at ...

Kenya’s retail sector to maintain annual growth of 7.4pc in the next 2-3 years

The retail sector in Kenya outlook is positive offering higher returns compared to other asset classes with average returns of 25.0 ...

Kenya’s Insurance Sector Continues to Boom With 12.4% in Q2’2017

The Insurance Regulatory Authority (IRA) released Q2’2017 numbers for the insurance industry in Kenya with the market recording growth in total gross ...

AfDB and Commercial Bank of Africa (CBA) sign a US $90-million financial package to fund SME’s and grow Trade Finance in Africa

The African Development Bank and Commercial Bank of Africa Limited (“CBA”) have today signed a US $90-million financial package, aimed at ...

Moody’s set to downgrade KCB, Equity and Co-op bank

Global ratings agency Moody's Investors Service has warned of a likely downgrade of credit of KCB Bank Kenya Limited (KCB Bank), Equity ...