Headlines, Market News


Absa Bank Kenya Unveils Offshore Investments Offering
Absa
Absa Bank Kenya PLC has launched an Offshore Proposition expanding its suite of private wealth management solutions. The Bank is targeting individual clients in need of capabilities to manage their financial commitments across multiple countries and regions.The proposition is ...

Kenyan Shilling Kicks Off December In The Red
Kenyan Shilling
Exchange Rate PerformanceThe Kenyan shilling kicked off the month of December with its usual losing spree. The local currency has been ...

Bank Of Kigali Q3 Profit Up 18.4% To KES5 Billion
Bank Of Kigali
The Bank of Kigali (BK) Group has announced an 18.4 percent increase in net profit to KES5 billion for the period ...

Unpacking Key Numbers From Absa Bank’s Q3 Financial Results
Absa
ABSA Group released its 3Q22 results recording a 30.1 percent y-o-y increase in profit after tax (PAT) to 10.7 billion ...

Africa Fertilizer.org Rebrands To Africa Fertilizer
Fertilizer
Africa Fertilizer.org (AFO), an initiative under the International Fertilizer Development Center (IFDC), has today rebranded to Africa Fertilizer (AF) in a ...

Family Bank Feted For Lending More To Agricultural SMEs
Family Bank
Family Bank has been awarded and recognized as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by ...

Absa Bank’s Profits After Tax Up 30% For Q3 To Ksh 10.7 Billion

Absa Bank Kenya PLC has reported a Profit after Tax of 10.7 billion shillings for the period ended September 30, 2022, ...

Equity Turnover Shrinks By 26.6% To USD 11 Million
Corporate Bonds
Stock MarketWeekly equity turnover shrank by 26.6 percent w-o-w to USD 11.77 MN (KES 1.44 BN). NSE 20 ...

Maize Flour Prices Hit Historic High Despite Harvesting
maize imports
Maize flour prices have hit a  record high despite harvesting signaling hard times for households that are already grappling with the high ...

Tea Prices Decline For The Fourth Time On Low Demand
Tea
Tea prices at the Weekly Mombasa auction have declined for the fourth time in a row on the back of low demand....








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