Headlines, Market News


Paint Prices to Skyrocket This Year – Manufacturer

Paint manufacturer Crown has warned of skyrocketing prices for paints in 2018 if the cost of acquiring raw material will not be ...

European Investment Bank extends a USD 40 Million financing to I&M Bank

The European Investment Bank (EIB) today agreed on the new US $ 40 million financing facility with I&M Bank Ltd that will ...

United States Hits Back at Raila Odinga for “Swearing Himself In”
Raila Changes Twitter Status, Tells Followers ‘We Have Arrived in Canaan’
The United States of America has issued a statement hitting back at the opposition leader Raila Odinga for ‘inaugurating himself’ as the ...

South Africa’s Cape Town Set to Run out of Water in April But the Opposition is Up in Arms

South Africa’s main opposition party leader Mmusi Maimane is leading a team that will ensure water keeps running in Cape Town from ...

Facebook Changes Reduced Time Spent on Site by 50 Million Hours a Day
Facebook
Facebook CEO Mark Zuckerberg said that the changes the company made to its service last year reduced time spent on the site by ...

Kenya’s Tourism Sector Set to Pick Up in 2018 – Knight Frank
Number of International Arrivals in Africa in 2017 Hit 62 million
Kenya’s unique combination of its beach and safari circuit are the pillars of the country’s huge tourist industry, with around 1.5 ...

Safaricom Reduces Home Data Prices by 53 percent
Safaricom Reduces Home Data Prices by 53 percent
Safaricom (NSE: SCOM) on Wednesday announced a 53 percent reduction in mobile broadband pricing for customers on its Safaricom Home service. This ...

Nairobi’s Prime Residential Market Poised for Strong Growth in 2018
Nairobi’s Prime Residential Market Poised for Strong Growth in 2018
Nairobi’s prime residential market is anticipated to recover within the first half of 2018 as the wave of political uncertainty dissipates, ending ...

Harmonisation of Regulatory Environments Key to Intra-regional Trade
Harmonisation of Regulatory Environments Key to Intra-regional Trade
The benefits of intra-regional trade are well documented, yet Africa remains the least integrated continent in the world. Integration would allow for ...

Cytonn Remains Bullish For Private Equity  Firms in Kenya
Kuramo Capital Management
Kenya will continue to attract Private equity (PE) investors this year and beyond according to Cytonn Investments, “as evidenced by the growing ...