Kenya’s Inflation Soars to 6.99pc In January – KNBS
Market News
Kenya consumer prices soared by 0.64 per cent in January compared to December, bringing the month’s rate of increase to
By David Indeje
·Month: January 2017
SMEs in Kakamega Town to Access High Speed Internet
Technology
Safaricom has today launched its high-speed internet dubbed ‘Fibre for Business’ in Kakamega town, targeting Small and Medium-sized Enterprises (SMEs)
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TPS Eastern Africa (Serena) Top Gainer at the NSE on Tuesday
Stock Watch
TPS Eastern Africa (Serena) was the top gainer of the day at the NSE on Tuesdays. The company gained 8.92
By Juma
·Cytonn Investments Acquires 25pc stake in Superior Homes
Market News
Cytonn Investments, a leading real estate developer has signed a partnership agreement and the purchase of 25 percent stake in
By David Indeje
·Food Inflation Expected to Remain High
Commodity Watch
Food inflation remained high in December, particularly for tomatoes, sugar, cabbages, kales (sukuma wiki), and maize flour, driven by the
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Kenya’s Economic Growth to Drop Slightly In 2017 – CBK
Market News
Kenya’s economy is expected to grow by 5.7 percent in 2017 from about 5.9 percent in 2016, Dr. Patrick Njoroge,
By David Indeje
·Airtel Africa Refutes Speculation of Possible Exit from Africa
Investment
Airtel Africa, a leading telecommunications company with operations in 15 countries across Africa, has refuted speculative media reports erroneously stating
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Kenya Had Her Say and Chad Had Her Way at the AU Elections
Market News
The much awaited and much publicized African Union elections where the Africans Heads of States were to meet and elect
By Juma
·T-Bills Undersubscribed as Liquidity Remains Tight in Last Week’s Trading
Stock Watch
T-Bills T-bills were undersubscribed for the 5th consecutive week, with overall subscription coming in at 76.6 percent compared to 82.5 percent
By Juma
·Shilling Depreciates Against the Dollar But CBK Has it Covered
Money
The Kenya Shilling depreciated against the US Dollar by 10 bps during the week to close at 104.0 shillings from
By Juma
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