Weekly Market Wrap Up: How Mar The Markets Behaved
Stock Watch
Stock Market Weekly equity turnover fell by 52.5% w-o-w to USD 9.83 MN (KES 1.19 BN). NSE 20 and NASI
·
Month: October 2022
Costlier Loans As Banks Increase Interest Rates
Market News
Kenyan banks have started increasing interest rates following the Central Bank of Kenya’s (CBK) move to raise its benchmark lending
By Jane Muia
·TSC Begins Mass Transfer Of Teachers In Both Primary And Secondary
Government and Policy
The Teacher Service Commission, TSC, a nationwide exercise that began will see teachers from both primary and secondary schools transferred
·
KRA Surpasses Monthly Collection Target For September
Government and Policy
The government received 680.7 billion shillings in total revenues in the three months to September 30, with taxes constituting nearly
By Jane Muia
·Tea Earnings Hit 20 Billion Shillings in the third Quarter of the Year
Market News
Tea farmers’ earnings hit 20 billion shillings in the third quarter of the year, a 53 percent increase from the
By Jane Muia
·Diageo To Buy Additional 118.4 Million Shares In EABL
Investment
Diageo UK, through Diageo Kenya, its wholly owned indirect subsidiary, announced that it served notice on East African Breweries Plc
·
What Informed The Reduction Of Fuel By Ksh 1?
Market News
During the week, the Energy and Petroleum Regulatory Authority (EPRA) released its monthly statement on the maximum retail fuel prices in
·
Kenyan Shilling Losing To The Dollar But Still Strong In The Region
Headlines
During the week, the Kenyan shilling depreciated by 0.1% against the US dollar to close the week at Kshs 121.0,
·
T-Bills Hit 116.7% In Subscriptions, 6% Up From Last Week
Headlines
During the week, T-bills were oversubscribed, with the overall subscription rate coming in at 116.7%, from the 110.0% recorded the
·
SportPesa Activates All Dormant Accounts
Lifestyle
For gamers who have been having difficulties logging into their SportPesa accounts on account of them being dormant have something
By Juma
·