Nairobi, April 17 -- Profit-taking by investors at the Nairobi Securities Exchange (NSE) in the past two weeks has cut investor wealth at the bourse by Ksh127.4 billion ($968.8 million) over the perio... Read More
Nairobi, April 9 -- Top tier banks cut the paper losses on the market value of their bond holdings by Sh15.9 billion last year, reflecting their reduced appetite for new lending to the government in t... Read More
Nairobi, April 8 -- Property developer Acorn Holdings has opted for Kijabe Street to host its first student hostel facility in the Nairobi Central Business District, new disclosures show. The company... Read More
Nairobi, April 8 -- Uganda-based electricity distributor Umeme Limited has cut the value of compensation it expects shareholders to receive from the Ugandan government when the firm's concession ends ... Read More
Nairobi, April 7 -- The recently established Ethiopian Securities Exchange (ESX) has realised its initial capital raise target of $11.07 million (Ksh1.45 billion) needed to fund the start of operation... Read More
Nairobi, April 5 -- Equity Bank was the second tier-one bank to record a profit decline in an industry that continues to defy the economic challenges to pay record dividends. Equity Group's CEO James... Read More
Nairobi, April 4 -- The Treasury has launched an audit of the bank accounts held by national and county government entities to pave the way for the rollout of a Treasury Single Account (TSA) that the ... Read More
Nairobi, April 2 -- Top Kenyan banks booked gains worth Sh35.8 billion when converting the 2023 financials of regional subsidiaries into Kenya shillings, reflecting the effect of a weaker currency in ... Read More
Nairobi, March 31 -- Equity Group is set to roll out its general and health insurance arms by the end of June this year, raising its stake in the underwriting industry after launching life business in... Read More
Nairobi, March 31 -- The Nairobi Securities Exchange (NSE) reported a 34 percent increase in net profit to Sh18.4 million in the year ended December, helped by higher revenue from sale of market data.... Read More