Month: November 2016


Central Bank of Kenya Absolves Itself Over NYS Scandal
Central Bank Expected to Retain Policy Rate at 10pc
The Central Bank of Kenya has distanced itself from the scandal that has embroiled the National Youth Service saying it cannot be ...

FastJet Suspends Three Routes Due to Low Passenger Demand

Fastjet has suspended flights of three routes as part of the company’s ongoing turnaround program in pursuit of long term sustainable financial ...

Chase Bank Kenya To Be Out of Receivership in Q1 2017 – CBK
chase-bank-kenya
Chase Bank Kenya might be out of receivership during the first quarter of 2017 according to the Central Bank of Kenya Governor ...

Fears Over Spying Software Acquisition by National Intelligence Service
internet
The Bloggers Association of Kenya (BAKE) has today launched the State of the Internet in Kenya 2016 report. The report was launched ...

Green Maize Retailing Highest in Mombasa and Lowest in Nakuru and Eldoret
maize farming
Green maize is retailing highest in Mombasa and lowest in Nakuru and Eldoret. This is because in Mombasa, a 115-kilogram bag of ...

Shilling Weakens Against US Dollar
Kenyan-Shilling Turnover
Currency The Kenyan shilling weakened against the US Dollar by 0.03%, despite the dollar retreating from peaks against its own basket ...

Bourse Closes in Austere State During Monday’s Trading Session
bonds-and-shares-nse
Equities The bourse closed in an austere state during Monday’s trading session with all the indices pointing south. The NSE-20 Share Index ...

Customer Satisfaction is More Important Than Ever During the Festive Season
Customer service
The end of year festive season is almost upon us and for many businesses, especially those in the retail sector, this means ...

Foreign Exchange Reserves Reduce by KES 38.6Bn Since Beginning of November
US-Dollar-Demand-Weakens-Shilling
Macro Economic Kenya's foreign exchange reserves have reduced by USD 378Mn (KES 38.6Bn) since the beginning of NovemberThis drop has ...

M-Shwari Mobile Services to be Launched in Ivory Coast by CBA

Plans are in place by the Commercial Bank of Africa (CBA) to launch M-shwari mobile services in the West African republic of ...




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