Nairobi, April 30 -- Bondholders realised a profit of Sh4.6 billion from selling the 6.5 and 8.5-year infrastructure bonds in the secondary market in March, taking advantage of a rush to acquire the h... Read More
Nairobi, April 29 -- An escalation of the conflict in the Middle East will push crude prices above $100 a barrel, the World Bank has warned, presenting a fresh inflation headache to consumers and cent... Read More
Nairobi, April 29 -- The Central Bank of Kenya (CBK) has reopened a 10-year bond first sold in March, looking to use the paper to pull interest rates lower and push investors back to longer-term bonds... Read More
Nairobi, April 25 -- The weakening of the shilling lifted Absa Bank Kenya's debt load by Sh4.2 billion to Sh24.02 billion in the 12 months to December 2023, despite the lender not making new foreign c... Read More
Nairobi, April 24 -- Heavy domestic debt maturities in May and June are set to complicate the Central Bank of Kenya's (CBK) efforts to bring down interest rates, even as the State closes in on hitting... Read More
Nairobi, April 23 -- Kwale titanium miner Base Titanium's Australian parent firm is set to be acquired by an American mineral resources firm Energy Fuels in a Sh31.8 billion (375 million Australian do... Read More
Nairobi, April 22 -- The growth of house sale prices in Nairobi slowed down in the first quarter of the year as the high cost of credit hit demand from home buyers. Rental asking prices also expanded... Read More
Nairobi, April 19 -- A majority of Nairobi's satellite towns recorded double-digit price growth in the year to March 2024, keeping them on track to beat government securities in returns once interest ... Read More
Nairobi, April 18 -- UK mining firm, Marula, has been awarded a Kenyan trading licence for manganese, paving the way for the company to start commercial exploitation of the ore in its recently acquire... Read More
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 Sh127.4 billion over the period, led by bank sto... Read More