Market News Archives - Soko Directory

Headlines, Market News

Brace for Tough Economic Times as Inflation Expected to Hit 11 Percent High

Inflation is expected to sharply rise after a prolonged drought with an all-time high of 11 percent.The Parliamentary Budget Office has ...

Here is the List of Best Banks in Kenya According to Think Business

Think Business presented its 14th annual awards for the 2019 Banking Awards.The awards recognize banks and micro-lenders for outstanding product innovation ...

CMA Regulatory Sandbox Ready to Receive Applications

By Sharon ChweyaThe Board of the Capital Markets Authority has approved the Regulatory Sandbox Policy Guidance Note (Regulatory Sandbox PGN) setting ...

KMRC to lend at below 10 percent: will this work?

During the week, President Uhuru Kenyatta launched the Kenya Mortgage Refinancing Company (KMRC), a government-backed lender that is expected to drive President ...

Safaricom, Vodacom Pools Ksh. 1.34 Bn to Buy M-Pesa Rights from Vodafone

Safaricom PLC is planning a joint venture with South Africa’s Vodacom to buy the full intellectual property rights to M-Pesa from UK’s ...

Bob Collymore is going nowhere, tenure extended by a year

For those who were waiting for Bob Collymore to leave so that a “Kenyan can take over” are in for a long ...

Co-operative Bank’s Total Assets Up By 7 Percent for Q1 of 2019

co-op bank

Co-operative Bank of Kenya total assets spiked by 7 percent to 425.7 billion shillings during the first quarter of 219 compared ...

KCB Group profits Spike by 11.3% to Ksh 5.8 Billion in Q1 2019

By Sharon ChweyaKCB Group’s profit for the first quarter of 2019 rose to 5.8 billion shillings from 5.2 billion ...

Co-op Bank Profit After Tax Jumps Up 4.4 Percent in Q1 2019

Co-op Bank goldfish Kingdom Securities

Co-op Bank of Kenya has registered a net profit growth of 4.4 percent to 3.6 billion shillings in the first ...

Deacons East Africa Breathes its last after 60 years of business

The Deacons East Africa has called it quits in the world of business after being in existence for the last 60 years ...

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