Market News


Huawei Announces Q3 Business Results With A Profit Margin Of 8%

Huawei announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, ...

What Is Recession And How Can It Impact The Economy?
Global economy
For starters, a recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by ...

Multimedia University Has Suspended Face-To-Face Classes

The Multimedia University of Kenya has suspended all face to face classes and other student’s activities with immediate effects at its Mbagathi ...

KRA To Reward Whistleblower For Revealing Tax Cheats

Kenya Revenue Authority will now pay whistleblowers who out cheats as it seeks to tighten the noose of individuals and companies failing ...

National Treasury Refuses To Release Funds To NMS
daily interest investment
The National Treasury has declined to release funds to the Nairobi Metropolitan Services to pay salaries to the newly created entity led ...

Tuskys Gets Temporary Reprieve As Court Halts Actioning

Tuskys Supermarket swamped by mounting rent arrears, supplier debts, and boardroom wrangles, continue to shut down some of its outlets as Southfield ...

Central Bank Of Kenya Opens New Cash Office In Kisii
KCB
The Central Bank of Kenya has opened a new cash-clearing unit in Kisii that will play a role in catering to the ...

Kakuzi In Trouble After Two More Europeans Firms Cut Orders
Avocado South Africa
By Getrude MatayoThe Local agriculture cultivation and manufacture company Kakuzi PLC has been facing human rights abuse allegations between 2009 and ...

Insurance Companies Lost Ksh 3 Billion On Motor Cover

A report released by the Association of Kenya Insurers (AKI) indicates that general insurance companies lost about 3.27 billion shillings in ...

Equities Markets Still On Downward Trajectory For Second Week
Equities Coronavirus NSE
During the week, the equities market was on a downward trajectory, with NASI, NSE 25, and NSE 20 declining by 0.3, ...








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