Headlines, Market News


Jumia’s Share Price Nosedives by Over 50 Pc After Fraud Allegations

Jumia is reported to be struggling to dismiss allegations made against it claiming that it had forged numbers in an attempt to ...

CMA recovers Ksh 19 million more in KenolKobil’s insider trading saga

By Sharon Chweya The Capital Markets Authority (CMA) has completed the outstanding aspects of the insider trading investigations into the KenolKobil counter. ...

Tomatoes Retailing Averagely at Ksh. 103 Per Kg Across the Country

A kilogram of tomatoes is retailing at an average market price of 103 shillings across the country with Kisumu recording the highest ...

Six Kenyan Banks To Battle it Out for the Continental Award
CBK Announces Ksh 35Bn Tap Sale on the Infrastructure Bond
By Sharon ChweyaSix Kenyan banks; KCB Group, Equity Group, Ecobank, Trade and Development Bank (TDK), Family Bank and Fintech operator 4G ...

T-Bill Subscription still below Expectations for the Third Week Running
T-Bill
T-bills remained undersubscribed last week, with the overall subscription rate increasing to 92.3 percent from 57.9 percent recorded the previous ...

Traders Disappointed as Equities Performance Register a Drop at NSE
equities market Secondary
Traders of share values at the Nairobi Securities Exchange (NSE) during the week were met with an unwelcomed performance of equities in ...

Kenyan Shilling remains Stable despite Speculations
The Kenyan Shilling Dollar Turnover Kenyan Shilling
The Kenyan shillings has maintained stability despite speculations by some quarters that it was being overvalued by the Central Bank of Kenya ...

Hohos Retailing Averagely at Ksh. 3,020 per 50 Kgs

Capsicums, commonly known as Hohos are being sold at an average market price of 3,020 shillings per 50 Kgs across the country....

Coca-Cola Still the Most Chosen FMCG Brand in The World

Coca-Cola has maintained its position as the world’s most-chosen Fast Moving Consumer Good (FMCG) brand for the seventh year in 2018, according ...

The Banking Sector: Kenya Commercial Bank Buys National Bank

Kenya Commercial Bank is buying 100 percent of National Bank in yet another milestone set to shift the state of the banking ...






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