Market News Archives - Page 3 of 369

Equity Bank Won’t Make Any Dividend Payout This Year

Shareholders in Equity Bank will have nothing reflecting in their bank accounts as dividends for this year as a result of the ...

Tea Farmers Pocket Less Bonuses, Why The Situation Is Likely To Worsen

Tea auction prices in the weekly auction held in Mombasa on the 18th and 19th dwindled following overproduction of the product according ...

NASI, NSE 20, NSE 25 Record Gains During Last Week’s Session

During the week, the equities market was on an upward trend, with NASI, NSE 20, and NSE 25 recording gains of 3....

Shilling Remains Relatively Stable As Covid-19 Rises

During the week, the Kenya Shilling remained relatively stable depreciating marginally by 0.1 percent against the US Dollar to close the ...

End Of CRR Retained Interbank Rate At 4.2 Percent

During the week, liquidity remained high in the money market with the average interbank rate remaining unchanged at 4.2 percent, following ...

T-Bills Beat Covid-19 Twice With An Oversubscription

During the week, T-bills remained oversubscribed, with the subscription rate coming in at 149.3 percent, up from 100.4 percent the ...

Manufacturers Focused On Reducing Costs, Maintaining Jobs

Manufacturers have cited reducing costs and maintaining jobs as top priorities during the COVID-19 pandemic. This is according to findings of a ...

Co-op Bank Posts Ksh 5.1 Billion In Profits In Q1

The Co-operative Bank of Kenya has posted 5.1 billion shillings in profits before tax for the first quarter of 2020, a ...

12 Kenyan Firms on the Spot for Tax Evasion Claims

12 Kenyans firms have been put on the spot for tax evasion claims with reports revealing that they have not settled their ...

Price Of Onions Up By 90% Following Covid-19 War Between Kenya And Tanzania

The diplomatic war over Covid-19 policies between Kenya and Tanzania has led to a massive shortage of onions in Kenya leading to ...

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