Market News


Kenya Records World’s 28th Highest Inflation Rate of 10.28 Pc
youth Africa
Kenya records the first highest inflation rate since May 2012 (57 months). According to a report from Kenya Bureau of Statistics (KEBS), ...

President Uhuru Makes Changes By Re-Assigning Principal Secretaries

President Uhuru Kenyatta has made some changes to some departments by re-assigning Principal Secretaries in what the Statehouse has described as a ...

National Bank of Kenya Bounces Back After Being in the Profitability Cold for Long
National Bank of Kenya Board during the 2016 AGM
National Bank of Kenya has bounced back to profitability after recording a profit before tax of 182 million shillings for the period ...

Adult Entertainment Becomes Expensive as Spirits Tax jumps to 14.3 pc

The government increased tax on spirits by 14.3 per cent and increased duty on low-cost beers such as EABL’s Senator Keg. ...

Elderly Kenyans Over 70yrs Old to Receive Free Medical Cover Starting January 2018

All elderly people of age 70 and above will receive monthly stipend from the government and free medical cover from January 2018, irrespective ...

Family Bank CEO David Thuku Interview with Soko Directory

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Smiles to Low-Income Earners as Income Tax is Lowered
youth Africa
Low income earners in Kenya have something to smile about from the just read 2017/18 national budget after the National Treasury increased ...

Gamblers and Revelers Top Losers in Rotich’s 2017/18 Budget

The Cabinet Secretary for Treasury Henry Rotich, on Thursday presented a 2.62 trillion budget to the National Assembly where he rained ...

CBK Invites Potential Bidders for Chase Bank Kenya
chase-bank-kenya
The Central Bank of Kenya has invited potential investors to place their bids for a stake in Chase Bank in a move ...

Family Bank Profits Down Due To Deposits Flight in the Wake of Chase and Imperial Bank Sagas

Family Bank of Kenya has announced its 2016 full year financial results with a sharp decline in the profits as compared to ...