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Market News

Shilling Depreciates 0.1 Percent Against the Dollar to Close at KES 101.9

The Kenyan Shilling Dollar Turnover Kenyan Shilling

The Kenya Shilling during the last week depreciated by 0.1 percent against the US Dollar to close at 101.9, up ...

Demand for Sorghum Pushes up Farmer Profits, Improving Living Standards

Sorghum farmers in Kenya are reaping big from their products which is said to have hit a profitability of up to 220 ...

Morocco’s Biggest Bank ‘Attijariwafa’ Targets Kenya in Acquisition Plans

Attijariwafa Bank, Morocco-based biggest bank, has revealed its plans to acquire several acquisitions in Africa in the coming year with a special ...

T-Bills Under-subscribed During The Week As Liquidity Spikes To 3%

T-bills were under-subscribed last with the overall subscription rate coming in at 87.4 percent, a decline from 106.4 percent recorded ...

Equities Market Inconsistent as Turnover Drops 71.7 Percent

The equities market during the past week recorded mixed performances with marginal gains by NSE 20 and NSE 25 registering 0.1 ...

Failure To Wear Safety Belts To Cost You 500 Shillings

Passengers who will fail to wear their safety belts in public service vehicles will have to part with 500 shillings instant fine ...

Markets in Focus: Market Turnover Drops To KES 868 Million

Market turnover dropped to 868 million shillings on Wednesday as information on this month's primary auction filtered out.Indications are the offer ...

NSE In Focus: Uchumi Supermarket Emerges as Top Gainer

The top gainer of the day at the Nairobi Securities Exchange (NSE) was Uchumi Supermarket with 9.09 percent at the price ...

Sub-Saharan African Implemented 107 Reforms Towards Better Business Environment

Governments around the world set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over ...

Kenya’s Foreign Reserves Dip 22 Billion Shillings: Any Reason To Worry?

Stats from the Central Bank of Kenya have indicated that the official foreign reserves have dropped by almost 22 billion shillings, further ...