Market News Archives

Market News

Interbank Rate Remains below CBR

The interbank rate has remained below the CBR, indicating relatively good levels of liquidity in the market.The central bank has been ...

Airline Ticketing Credit Period Reduced to 15 days in Kenya

The International Air Transport Association (IATA) has reduced the ticketing period to 15 days from 30 for air tickets purchased from travel ...

Tougher Days Ahead as Fuel Prices Increased

Kenyans will start feeling the heat on Friday after the Energy and Regulatory Commission (ERC) hiked fuel prices in the country.On Wednesday, the ...

Uchumi Pays KES 240Mn to 170 Suppliers in Revival Strategy

The Uchumi Supermarket chain has paid KES 240 million to its suppliers who signed up for the escrow account in May."I am ...

Kenya Airways Receives KES 10 Bn Loan for Turnaround Plans

Troubled national carrier Kenya Airways has received Sh10 billion soft loan from the National Treasury, giving the airline muscle to implement its ...

Pound Gains on Positive Political Climate

Currency The Kenyan Shilling extended a second day’s trading with a weakening boas against most of its major international and regional peers. ...

CfC Stanbic to Avail Yuan Currency at its Branches to Boost Kenya-China trade

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

The first transaction was made on Wednesday by the Chinese Ambassador to Kenya H.E. Dr Liu Xianfa at an event held at the ...

South Sudan at War Again: Economy in Shambles

South Sudan, the youngest nation in the world is at war again celebrated her fifth Independence Day on the 10th of July ...

Kenyan Consumers Prefer Local Brands to Foreign Ones -Cytonn Report

Growing population, a rising middle class and improved technology are some of the factors driving Kenya’s retail market as demand for quality ...

Investor’s Perspective on Kenya’s Retail Space -#CytonnReport

The retail market in Kenya, following increased supply in Nairobi, is expanding to the counties. In Kenya’s attractive real estate sector, where ...

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