Market News Archives - Page 3 of 279

Market News

Tax Defaulters to be listed on CRB as KRA Struggles to hit Revenue Targets

Credit Reference Bureau (CRB), a name that many Kenyans are always scared of but one that hundreds of thousands cannot avoid to ...

Safaricom Sells 13.64 Million Shares to Emerge as Top Mover of the Day

Kenyan Stock Market Exhibited a Downward Trend in October top Safaricom Plc Top

Safaricom was the top mover of the day after moving 13.64 million shares in volume during the session on Wednesday to ...

Mumias Back Into ICU with Ksh 15.1 Billion Loss

The woes facing the troubled Mumias Sugar Company seem to be far from over after the miller registered a loss of 15....

CMA Regains Ksh.458 Million Linked to KenolKobil’s Insider Trading

The Capital Markets Authority (CMA), in the ongoing investigation into trading on KenolKobil stocks, has regained illegal gains amounting to 458 million ...

Here are the Top 5 Gainers, Losers and Movers of the Day at the NSE

Top Gainers:The top gainer of the day at the NSE was Eveready East Africa with 10.00 percent at the price ...

Safaricom, AliExpress Partnership Enables M-PESA Payments for Online Shoppers

Safaricom and Ant Financial Services have announced a partnership that will allow Kenyans shopping on AliExpress to pay for their purchases using ...

SGR Sold 1.66 Million Tickets in 2018 But Still Running on the Negative

Kenya Abandons Plans to Electrify the Mombasa-Nairobi SGR

Kenya’s Standard Gauge Railway (SGR) sold slightly above 1.66 million tickets in 2018 bringing in 1.61 billion shillings in revenues....

Growth in Total Income Pushes Barclays Bank Profit After Tax to KSh.7.4 Bn

Barclays Kenya on Monday announced the full financial year results, which reported a profit after tax of 7.4 billion shillings for ...

Visa and PayMate Team Up to Expand Regional B2B Payments

Visa and PayMate, India’s Business-to-Business (B2B) payments landscape, announced an expanded collaboration to provide Visa’s issuing financial institution clients in the Central ...

Kenyan Shilling Maintains Resilience against the US Dollar