Market News Archives - Page 4 of 286

Market News

Equities Register Mixed Performance as NSE 20 Stocks Remain Flat

Equities at the Nairobi Securities Exchange (NSE) registered mixed performances where NASI and NSE 25 gained as NSE 20 slumped.According to ...

Nestlé’s Sub Saharan Africa Appoints new East Africa Head

Nestlé Kenya operations will now report into South Africa following the reorganization of Nestlé business in Sub-Saharan Africa. The former Nestlé Equatorial ...

Shilling Appreciated Marginally against the Dollar Last Week

The Kenyan Shilling Dollar Turnover Kenyan Shilling

Last week, the Kenya Shilling appreciated marginally against the US Dollar to 100.7 shillings from 100.8 shillings the previous week....

T-Bill Subscription hits 250.2 Percent on account of Favorable Liquidity

Yields on Kenya's short-term T-bills rise at weekly auction

T-bills recorded an oversubscription last week according to stats compiled by Cytonn Investments in their weekly report.The subscription rate for T-Bills ...

Central Bank Accepts the Final Offer from KCB to Acquire Imperial Bank

CBK Announces Ksh 35Bn Tap Sale on the Infrastructure Bond

Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC) have announced the acceptance of the Final Offer from KCB, which ...

KPLC to Shut Down Token Purchase Next Week for Data Migration

The Kenya Power and Lighting Company (KPLC) will halt the prepaid system next week to allow for data migration to new hardware....

Jambojet Extends Kshs.50 Ticket Offer to Customers

Jambojet Expands with New Entebbe, Uganda Route

As part of its fifth-year anniversary celebrations, the regional low-cost carrier, Jambojet extended its unprecedented 50 shillings ticket offer for an additional ...

CISCO Edge Incubation Hub Launches in Nairobi

Cisco has announced the launch of a 69-million-shilling Incubation HUB in Kenya set to impart business knowledge and speed up access to ...

60% of Kenyans Use Informal Solutions to Deal with Financial Shocks

A new report dubbed “The 2019 FinAccess Household Survey” has revealed that a record 60 percent of Kenyans mostly use informal solutions ...

150 Kenyan Manufacturers Launch Festival on Local Content at Kasarani

Kenya Association of Manufacturers (KAM) and the Ministry of Industry, Trade, and Cooperatives have kicked off one the Biggest Shopping Festival in ...