Headlines, Investment


Shilling Sheds Off 1.2% in May: Will it Hold Strong in June?
The Kenyan Shilling Dollar Turnover Kenyan Shilling
The Kenya Shilling depreciated by 1.2 percent against the US Dollar during the month of May to 101.6 shillings from ...

Kenya’s Eurobond Yields Continue to Increase As Investors Withdraw
Staff
Kenya’s yields on the Eurobonds has continued to increase on account of dampening investors sentiments according to a brief released by Cytonn....

T-Bills Subscription Hits the Roof at 167.5% in May
T-Bill, t-bills
T-bill auctions recorded an oversubscription during the month of May according to a monthly report released by Cytonn Investments Limited.The average ...

Kenya Would Soon Have the Highest Corporate Tax in East Africa
Turnover tax
Kenya would soon have the highest corporate tax in East Africa if the proposed changes by the National Treasury will be adopted....

Little Hope for ARM Cement as its Sinks Ksh6.5Bn Deep
ARM Cement Eyes Ambitious Growth Strategy With a Strategic Investor
The financial woes facing ARM Cement seem to be far from over after the cement maker’s loss widened by more than 2....

The Markets: I&M Holdings Limited Records 0.9% Year-to-Year Growth
market Selling markets
I&M Holding Limited released 1Q18 financial results reporting 0.9 percent on a year-to-year growth in PAT to 1.7 billion shillings....

Inflation for the Month of May Increase To 3.95 Percent
World Bank
The inflation rate for the month of May has increased to 3.95 percent according to the statistics released by Kenya National ...

SGR Earns Government 1 Billion Shillings in One Year
SGR COVID-19
The Standard Gauge Railway (SGR) has earned the government 1 billion shillings in the first year of operations according to the Kenya ...

Turnover Declines by 52% as Month Comes to an End
Equities Coronavirus NSE
Secondary market turnover declined 52.75 percent in Wednesday’s session to 1.96 billion shillings according to a daily report from Genghis ...

Barclays Bank of Kenya Registers 1.8 Billion Shillings Profit in 3 Months

Barclays Bank of Kenya has registered a profit of 1.8 billion shillings in the first three months of 2018.According to ...








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