Market News


KRA Targets SMEs as It Seeks to Grow Tax Base
KRA’s Automation System Boosts Operational Efficiency
Kenya Revenue Authority (KRA) is targeting the small and medium sized enterprises to raise the number of active taxpayers to 4 million ...

Equities Market Sustains Weak Performance Throughout the Week
stock-market-interbank-rate-nse-flame-tree-stock-safaricom-stock
Bearish Trend Dominates the Market, 8/11 Sectors Close in the Red The Kenyan Equities market sustained weak performance throughout the week closing ...

Biggest Challenges Facing Emerging Markets
Africa Economy
The emerging markets are challenging developed countries by producing innovative business services and products, for less cost than western nations. Countries including: ...

MultiChoice Impact in Kenya’s ICT Sector Wins Accolades 20 Years Later
Multichoice-africa
MultiChoice is celebrating 20 years since its entry into Kenya with stakeholders hailing the company for its role in pioneering the growth ...

CMA Approves First REIT in Kenya to be Issued by Stanlib Kenya
capital-markets-authority-kenya
The Capital Markets Authority (CMA) has today granted approval to the first Income Real Estate Investment Trust Scheme (REIT) in Kenya, Fahari ...

I&M Bank Accounts Now Linked to Airtel Money
i&m-bank-airtel-money
Airtel, a leading telecommunications services provider with operations in Kenya and I&M Bank have formed a partnership to increase access to mobile ...

Safaricom Launches First Regional Consumer Promotion
safaricom-limited Platinum
Safaricom has launched its first regional consumer promotion that aims to appreciate and reward more than 116,000 customers in seven regions across ...

Tuskys Re- Launches Imara Branch With New Employees’ Bonus Scheme
tuskys-supermarkets
We all know that Tuskys is a market leader in retail in East Africa. We also know that Tuskys started from very ...

Safaricom Sacco New Shares Offer Seeks Ksh 1 Billion for Expansion
safaricom-sacco
Safaricom Sacco- one of fastest growing private sector SACCOs in Kenya –has issued new shares seeking Ksh1 Billion to fund strategic expansion. ...

Leading Global Agencies assign Top Rating and Stable Outlook for KCB Group
KCB Group Named 2017 Kenya’s Bank of the Year
Global ratings agencies Standard & Poor’s (S&P) and Moody’s have assigned KCB Group top ratings and a stable outlook, affirming the Bank’s ...