Market News Archives

Market News

Diaspora Remittances to Kenya Rise by 11.1 Percent to USD 1,636Mn in May

Kenya's Diaspora remittances have risen by 11.1 percent to USD 1,636 million from USD 1,472 million compared to the previous year ...

Kenya Macroeconomic Review -Cytonn Investments

Kenya’s macroeconomic environment has improved compared to 2015, prompting Cytonn Investments to maintain their projections for the full year GDP growth at ...

Taxify to Launch its Operations in Nairobi

The online taxi industry seems to be growing in Kenya as more and more keep being introduced to the Kenyan market.Taxify, ...

Kenya’s economy expands by 5.9 percent in Q1 2016

Kenya’s economy has expanded by 5.9 percent in the first quarter of 2016 compared to 5.0 percent in the same ...

KenGen Rights Issue Gets 92 Percent Subscription

Power producer Kenya Electricity Generating Company (KenGen) reported on Wednesday that it had raised KSH26.5B out of Ksh28.8B for its ...

Was the Directive On Low Gas Prices a Fallacy?

When the Cabinet Secretary for National Treasury Dr Henry Rotich read the national budget, he cancelled the 16 percent Value Added Tax ...

More than 42 Killed, 200 Injured in Turkey Airport Attack

More than 40 people have been confirmed dead and more than 200 others left nursing injuries after an attack on one of ...

Impact of Brexit on Kenya and Nigeria Economies

New trade policy for the UK, to ushers a new opportunity for Africa

Britain voted to unanimously leave the European Union. Many people around the globe have criticized the move. Some have even predicted doom ...

Safaricom Hits 25.1 Million Subscribers #CytonnReport

The Communications Authority of Kenya (CAK) released industry data for the quarter ended March 2016, which indicated that Safaricom had a 3....

Sinapis: The Missing Link in SMEs Success

Many of us have the dreams of venturing into the entrepreneurial field. This is one area that has been proven to be ...

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