Kenyan Economy Has A Bright Future, Says CBK Governor
Investment
By Amina Faki The Governor of Central Bank of Kenya, Dr. Njoroge Patrick, has said that Kenya has leveraged mobile
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Month: May 2017
NASI Sheds 0.63 Percent as Turnover Hits 472.23 Million Shillings
Stock Watch
The NASI shed 0.63 percent to settle at 135.96, on a turnover of 472.23 million shillings being a reduction by
By Juma
·Political Stability & Good Governance: Lessons Kenya Banking Sector Should Learn from Asia
Banking
By Amina Faki “Wrong banking structures and economic policies have widened the gap between the banking sector in Africa and
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Safaricom Posts 45.1 Billion Shillings in Profits For The Year Ending March 2017
Financial Results
Kenya’s biggest telecommunication company Safaricom Limited has recorded a net profit of 45.1 billion shillings for the Financial Year ended
By Juma
·Kenyan Shilling Still on the Receiving End From Global Giants
Money
The Kenyan shilling maintained its weakening trend against major currencies; US Dollar, Sterling Pound, and the Euro on Tuesday. The
By Juma
·High Tides in the Ocean Causes Suspension of Ferry Services in Likoni
Market News
Hundreds of passengers were on Tuesday morning stranded at the Likoni Ferry Channel after Kenya Ferry Services (KFS) suspended operations
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Households to Continue Paying More for Maize Flour Up to The End of July
Commodity Watch
Kenyan households will have to wait a little bit longer and continue digging dipper into their pockets before maize flour
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Nakumatt Holdings to Close Down Some of Its Poor Performing Outlets
Retail Industry
Regional retailer Nakumatt Holdings has announced plans to close some of its branches across the country in a move to
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May Government Bond Issue Announced As Mumias Contemplates To Suspend Core Business
Stock Watch
The National Treasury has announced the May government bond issue. The National Treasury has decided to go with a 3.4-year paper
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Shilling Weakens Against Global Giants As Turnover at The NSE Gains 75.5 pc
Stock Watch
Kenyan Shilling weakened against major global currencies on Monday with the trend expected to continue in the coming weeks as the
By Juma
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