September 2023

Month: September 2023

Kenyan Shilling Continues To Fall, Now At The Lowest In History

During the week, the Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Kshs 147.4, ...

T-Bills Swim In The Red For Two Weeks Running

During the week, T-bills were undersubscribed for the second consecutive week, with the overall subscription rate coming in at 84.1%, from ...

Safaricom Dominated Trading, Accounting For 51.4% Of Equity Turnover Last Week

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

The market reversed the prior week’s gains, retreating 2.2%w/w on the price drop across most large caps. The N10, NSE 20, ...

There Is No Reason To Settle For A Poor View Of Content

Imagine going to the cinema to watch a long-anticipated film. You’ve read the reviews. You’ve queued up. You’ve bought snacks and turned ...

Eurobond Yields Climb To A Four-Month High As ‘New Financing Order’ Campaigns Worry Markets

Liquidity conditions reversed the previous week’s posture, as the cost of funds in the money market notched higher to an average of ...

Equities Turnover Jump 105.6% To Hit Ksh 174.7 Million

Equities turnover jumped by 105.6% to KES 174.7Mn up from KES 85.0Mn the previous trading day. Foreign investors were ...

Safaricom Takes 71% Of NSE, StanChart At A 4-Week High

Safaricom was the day's top mover, from a turnover perspective – accounting for 71.2% of the trading activity. The counter broke ...

Safaricom PLC: Pioneering Corporate Social Responsibility in Kenya – 25 Lessons For SMEs

Corporate Social Responsibility (CSR) is of paramount importance to both businesses and the communities they operate in due to the numerous tangible ...

SGA Security Gives Ksh 1 Million Towards Africa Concours d’Elegance

SGA Security Kenya has signed a KES. 1 million sponsorship deal ahead of the 2023 Africa Concours d’Elegance organized by the Alfa ...

Unlocking Success: 20 Entrepreneurial Lessons From the NCBA Merger Result – Kenya’s Landmark Banking Union

Mergers can be highly beneficial for entrepreneurs and businesses for several reasons, often presenting opportunities for growth, diversification, and increased competitiveness.Given ...

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