Kenya’s Domestic Borrowing to Remain High as FY 2016/17 Ends
Stock Watch
With only two months remaining, Kenya has in this fiscal year, 2016/2017 borrowed heavily domestically than from external sources to
By David Indeje
·Search Results for capping of int
T-Bill Subscriptions Declines Across Three Major Papers During the Week
Stock Watch
T-bills subscriptions remained high but declined during the week to 141.9 percent compared to 172.5 percent recorded the previous week
By Juma
·Bank’s Holding in Government Papers Increases to 55.3 Percent
Money
T-bills subscription remained high but declined slightly during the week to 172.5 percent compared to 176.3 percent recorded the previous
By Juma
·Co-operative Bank Records a Profit Before Tax of 4.5 Billion Shillings in Q1 of 2017
Financial Results
The Co-operative Bank Group has recorded a Profit before Tax of Kshs.4.5 billion for 1Q2017 compared to 4.9 billion shillings
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WPP Scangroup Reports a 3.8 Percent Drop in Its 2016 Financial Results
Company Results
WPP Scangroup reported a drop of 3.8 percent in its full year 2016 profit after tax to 460.4 Million shillings.
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National Treasury Acquires 13.7 Million Shares worth 468.4 Million Shillings in KCB Group
Market News
The National Treasury acquired an additional 13.7 million shares in the KCB Group in the lenders dividend deal last year
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Central Bank Holds Lending Rate at 10 Percent
Market News
Borrowers breathed a sigh of relief after the Central Bank of Kenya (CBK) held its base lending rate at 10 percent.
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KCB Group Posts a 10 Percent Rise in Profit Before Tax
Market News
KCB Group reported its Full Year 2016 Results posting a 10 percent rise in Profit before tax to 29.09 billion shillings while net
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Withdrawal of General Motors from Kenya to Affect Country’s Economy
Market News
The exit of U.S auto dealer General Motors from Kenya will negatively affect the Kenyan economy. The company came into the country and
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Declining Private Sector Credit Growth to Impact Negatively on Kenya’s GDP Growth
Feature
The Banking (Amendment) Law (2016) came into effect with the President’s assent on August 24th 2016. The law aims at
By David Indeje
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