January 2019

Month: January 2019

Inflation For January Falls to 4.7 Percent on Low Fuel Prices

The inflation for the month of January has dropped to 4.7 percent according to the statistics released by the Kenya National ...

NIC, CBA Confirms Merger for a Bank with Assets Worth Over Ksh. 444 Bn

NIC Group PLC and Commercial Bank of Africa Limited (CBA) have confirmed their merger plans to form one of the largest financial ...

Qatar to Invest $3.5 Billion to Support Uhuru’s Affordable Housing Agenda

Qatar, through Ambassador Jabor Ali Al-Dosari, has said that it is ready to invest 3.5 billion US dollars to support President ...

Apple Slashes Some iPhone Prices Outside US to Counter Strong Dollar

Apple Inc. is planning to reduce prices of some flagship iPhones in countries outside the US to counterbalance the strengthening dollar that ...

NSE Gears Up for Major IPO Offerings in 2019 to Enhance Stock Market

The Nairobi Securities Exchange (NSE) is preparing for key Initial Public Offerings (IPOs) in 2019 as a move to put an end ...

Kenya’s Economy to Grow at 6.3% Amid Fiscal Imbalances

Kenya’s economy is set to grow at the rate of 6.3 percent in 2019 according to projections given by the Commercial ...

Transport Ministry Suspends ‘Car-Free Days’ Plan

Private vehicle motorists can now have a sigh of relief after the scheduled pilot phase for Car-Free days that was to kick ...

Top 10 Brands in Kenya According to Superbrands

Kenyan mobile payment brand M-PESA has for the third year been voted Kenya’s leading Superbrand, ahead of the parent company, Safaricom placing ...

Cytonn’s Ambitious USD 1.2M Homes are Redefining Karen’s Luxurious Living

In 2017, it was reported that Kenya was one of the top luxury real estate destinations in Africa. A quick stroll around ...

Kenya Power Emerged As Top Loser of the Day at the NSE

Kenyan Stock Market Exhibited a Downward Trend in October top Safaricom Plc Top

The top loser of the day was Kenya Power and Lighting Company with 8.24 percent at the price of 4.90 ...

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