Market News


Kenyan Shilling Slightly Dips By 0.4% Against The Dollar
The Kenyan Shilling Dollar Turnover Kenyan Shilling
As Covid-19 continues to sweep across the country, the Kenyan shillings has continued being on the receiving end, getting the heat from ...

Inter-bank Rate Declines To 2.6 Percent As Liquidity Eases
KCB
Last week, liquidity eased in the money market with the average interbank rate declining to 2.6 percent from 3.1 percent ...

Petrol Up By 5.77 Shillings, Diesel Down By 3.80 Shillings
Diesel
Energy Regulatory and Petroleum Authority (EPRA) has announced the new fuel prices increasing the price of Super Petrol by 5.77 shillings ...

Time For T-Bills To Shine? Subscription Rate Hits 290.5%
market Selling markets
Last week, T-bills remained oversubscribed, with the subscription rate coming in at 290.5 percent, up from 209.1 percent the previous ...

Tuskys Supermarket Is Collapsing Right In Front Of Our Eyes
Local Retailers Welcome Move Not to Protect Carrefour From Competition
Nakumatt Supermarket and Uchumi were giants in Kenya's retail sector history. The tow giants defined what Kenya meant in terms of retail ...

Breaking Down The Ksh 56.6 Billion Stimulus Package

The government, through the National Treasury, has set aside 56.6 billion shillings under the economic stimulus package that will help in ...

More Borrowing To Finance The Budget 2020/2021
Budget review
Kenyans should prepare for more debts as the government plans to borrow both locally and internationally to finance yet another seemingly overambitious ...

Tenants to Provide Documents Proving Why they Cannot Pay Rent
spaces
Landlords will only waive rents for Tenants who provide documents proving that they cannot earn income during the Covid-19 pandemic.According to ...

A Look At 2020/2021 Budget Estimates: Do Numbers Make Sense?
daily interest investment
The budget estimates for 2020/2021 are out but do numbers make sense? Are the current estimates in the budget overambitious? Is the ...

Safaricom CFO Appointed Chief Financial Officer Vodafone Business

Safaricom CFO, Sateesh Kamath, has been appointed to the role of Chief Financial Officer Vodafone Business, effective 1st July 2020. He will be ...








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