Absa Kenya’s Net Profits Jumps 161% to Hit Ksh.10.9 Bn
Headlines
Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.10.9 billion, a growth of 161 percent compared
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T-Bill Subscription Slightly Dips To 102.1% From 122.1%
Headlines
T-bills remained oversubscribed, albeit at a lower level than the previous week, with the overall subscription rate coming in at
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Brent Future Hits USD 130.70 Per Barrel After US Ban Russian Oil
Market News
Crude oil prices have hiked to their highest levels since 2008 after the U.S. announced it would ban imports of Russian
By Lynnet Okumu
·Cost of Refilling a 6KG Gas Cylinder Increases to Ksh.1,560
Market News
The cost of refilling liquefied petroleum gas (LPG) cylinders has increased by at least 15 percent, with a 6kg cylinder
By Lynnet Okumu
·Kenya Power Profits Jump From Ksh 138 Million To Ksh 3.8 Billion
Market News
After a radical surgery that happened in the Kenya Power and Lighting Company (KPLC), initiated by President Uhuru Kenyatta, the
By Juma
·Imminent Collapse Of Banks In Ukraine Due To Massive Withdrawals
Government and Policy
The banking sector in Ukraine has started feeling the heat of the war between the country and Russia just two
By Juma
·An Average Nairobian Spends 2 To 3 Hours In A Traffic Jam
Lifestyle
An average Nairobian spends at least two to three hours in a traffic jam. This means that in a week,
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January Inflation To Oscillate Between 5.6% And 6.0%
Investment
“We are projecting the y/y inflation rate for January 2022 to fall within the range of 5.6 – 6.0,” said
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MPC Might Retain CBR At 7% On January 26
Market News
The Monetary Policy Committee (MPC) is set to meet on Wednesday, 26th January 2022, to review the outcome of its
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Inflation Rate For December To Be Within The Range Of 5.7% – 6.1%
Investment
Cytonn Investments has projected that the inflation rate for the month of December 2021 will range between 5.7 and 6.1
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