Market News


Seven Kenyan Banks Restructure Ksh 176 Billion Worth of Loans
KCB
At least seven banks have restructured 176 billion shillings of loans following a request from the Central Bank of Kenya that required ...

An Onion At Ksh 30, Irish Potato At Ksh 1,000, Prices In Eastleigh Double

Prices of basic commodities in Eastleigh doubled on the first day of parliament lockdown where the government imposed an "immediate cessation of ...

Land Prices In Kenya Drop As Covid-19 Lowers Market Liquidity
waiver of single business permits
HassConsult has unveiled the Hass Land price indices for the first quarter of 2020, showing a marginal retreat for both suburbs and ...

Carrefour Borrows Ksh 3 Billion To Expand Kenyan Business

Carrefour owners have borrowed up to 3 billion shillings in loan from a South African bank as the retailer plans to expand ...

If You Can’t Afford Your Kid At Brookhouse, Leave – Owner
Brookehouse parents
The battle for fees deduction between the owner of Brookhouse and parents has taken a dramatic twist after Mr. Nsouli dared parents ...

UAP Holdings Registered A Loss Of Ksh 3.4 Billion For 2019
daily interest investment
UAP Holdings registered a loss of 3.4 billion shillings for the financial year that ended on December 31, 2019, according to ...

Standard Chartered Restructures Loan Facilities Of Ksh 8 Billion

Standard Chartered Bank has today announced the restructuring of its loan facilities worth over 8 billion shillings to support key sectors in ...

Agriculture, Banking Sectors Set For Depressed Growth Due To COVID-19
World Bank
Agusto & Co. Limited, a leading Pan-African credit rating agency, has categorized sectoral impact expected due to COVID-19 in Kenya with both ...

KQ Lowers Prices For Chartered Planes To Evacuate Kenyans
Kenya Airways KQ
Kenya Airways has reduced prices of tickets for chartered planes and it is now charging the normal rate to ensure Kenyans stranded ...

90-Kilogram Bag Of Beans At Ksh 8,000, Maize At Ksh 4,000
maize reserves
A 90-kilogram bag of beans is retailing at an average of 8,000 shillings in most parts of the country including Bungoma, Kakamega, ...








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