Market News Archives

Market News

Proposal to Lift Miraa Export Duty to Somalia Opposed

Plans to lift trade barriers that have hindered the sale of Miraa (khat) in Somalia are being opposed by the country’s Minister ...

Commercial banks in Kenya Now Required to Regularly Update Top Shareholders on Websites

Commercial banks operating in Kenya are all required to not only disclose but also to regularly update their top shareholders on their ...

Uganda Reduces Single entry visa fee -Africa Business News Roundup

Uganda has announced a reduction in entry visa fee from 100 to 50 U.S Dollars at all its entry points.A ...

Market Closes the Week on Mixed Trends

Barclays Africa Expect the Shilling to Hit 106 Against USD by End of 2018

Equities The Kenyan equities market closed on varied trends as portended by the market indicators. The NSE- 20 index lost ground by ...

Will the UNCTAD Mandate Stalemate be Unlocked Today?

As the sitting for the UNCTAD for Thursday came to an end, the stalemate over the final declaration remained unlocked.The conference ...

How Secure are Africa’s Middle Class Consumers? -Africa Business News Roundup

Bank confidence improves despite weak profits A survey released by EY on Thursday indicates that the indicates that banking profits shrunk in ...

Kenya Airways Reduces Operating Loss by 75 percent in FY 2015/2016 in Turnaround Strategy

Kenya Airways Limited (KQ) today reaffirmed its progress towards recovery after it recorded a 75 per cent reduction in operating loss from ...

Deacons Kenya Set to List on Nairobi Securities Exchange

Deacons Kenya will on 2nd August 2016 list 123,558,228 shares on the Nairobi Securities Exchange at KES 15 per share by way of ...

High Court Paves Way for Karuturi Liquidation

The liquidation of Karuturi Flower farm will continue after the case challenging the appointment of the joint liquidators Thoithi Muniu and Kuria ...

AfDB Approves US $12.4MN for Women Entrepreneurs

Rwanda tops Africa in policy, institutional reforms -World Bank Report: A latest report by the World Bank shows that Rwanda achieved the ...

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