Banks Are Lending Less To Property Buyers To Mitigate Risks
HassConsult released the Hass Property Sales and Rental price indices for the third quarter of 2023, revealing a drop in average sales ...
Safaricom Dominates The NSE, Accounts For 71.5% Of All Activities
Safaricom was the top traded counter in the day accounting for 71.5% of the activity levels. The counter extended its relief ...
Equities Turnover Ups 6% To Land At Ksh 213.3 Million
Turnover increased by 6% to KES 213.3Mn up from KES 201.3Mn the previous trading day. Foreign investors were the dominant ...
CBK Warns Kenyans Against Using Unlicensed Money Remitters
It has come to the attention of the Central Bank of Kenya (CBK) that there are entities and persons providing money or ...
Kenya Weekly Market Wrap: The Bourse Feels The Heat
It was a rough week in the bourse, as the benchmark indices all closed in the red, led by the N10, down ...
Inflation Up, Fuel Prices Up, More Taxes Loading, Tough Times For Kenyans
During the week, liquidity in the money market moderated following a series of tightening, as the average interbank rate slowed to 12....
UBA Records 115% Growth In Gross Earnings, As PBT Grows By 263% To $757.84 Million
Consolidating on its recently released second-quarter performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again announced a splendid performance ...
Equities Turnover Decreased By 41.3% To Ksh 55.4 Million
Turnover decreased by 41.3% to KES 55.4Mn down from KES 94.4Mn the previous trading day. Local investors were the ...
Starting January, Traveling By SGR Won’t Cost The Same
Kenya Railways has increased Madaraka Express passenger and commuter train fare prices effective January 1, 2024, following the recent increase in fuel ...
Pwani Oil Takes On Ng’ombe With The New Sawa Milking Jelly
Pwani Oil has launched its latest innovation, Sawa Milking Jelly, an all-natural and preservative-free product that offers the dual benefits of skincare ...