Nairobi, March 19 -- British oil explorer Tullow has written off $17.9 million (Sh2.41 billion) worth of its Kenyan assets on the uncertainty over their sale to a strategic investor and commercial exp... Read More
Nairobi, March 18 -- The Central Bank of Kenya (CBK) has resisted pressure from investors to pay a rate of 17 percent on Treasury bills, helped by the reduced need for aggressive borrowing after the g... Read More
Nairobi, March 15 -- Investor wealth at the Nairobi Securities Exchange (NSE) on Thursday rose by the biggest single-day margin in eight months at Sh38.6 billion on the back of gains on Safaricom and ... Read More
Nairobi, March 14 -- Tier-one bank stocks have added Sh12.1 billion in market value at the Nairobi Securities Exchange (NSE) over the past one week on rising demand as investors jostle for the higher ... Read More
Nairobi, March 13 -- Investors are likely to demand a premium above the 16 percent return the government is offering on a 10-year bond, testing the resolve of the Central Bank of Kenya (CBK) and the N... Read More
Nairobi, March 11 -- Kenya's recent addition to a list of countries at risk of money laundering will hurt the credit rating of local banks as they face potential delays in settling transactions and lo... Read More
Nairobi, March 11 -- The government earnings from the Kwale titanium mine run by Australian-owned Base Titanium nearly halved in the six months to December 2023 on reduced production as the operation ... Read More
Nairobi, March 11 -- London-listed Marula Mining has agreed to a deal to acquire a 60 percent stake in a manganese mining operation in Samburu County from local operator Gems and Industrial Minerals L... Read More
Nairobi, March 7 -- African economies risk being left behind in the artificial intelligence (AI) shift that is changing the way companies do business, with the continent's low capacity for virtual sto... Read More
Nairobi, March 7 -- Top Kenyan investors in MTN Uganda earned Ksh44.7 million (Ush1.22 billion - $314,788) in dividends in the financial year ended December 2023, when the telco reported a 21.4 percen... Read More