Nairobi, Dec. 15 -- The government has failed to remit deductions of Sh1.2 billion to the civil servants' pension scheme, risking a loss of returns to workers in Kenya's troubled retirement benefits s... Read More
Nairobi, Dec. 13 -- Investment bank Dyer & Blair and stock brokerage Francis Drummond have been picked to guide Kenya Pipeline Company's initial public offering (IPO) in which the government seeks to ... Read More
Nairobi, Dec. 10 -- Banks have chosen different benchmarks to price loans under the new risk based pricing formula, denying customers a uniform reference rate to assess the cost of borrowing. The Cen... Read More
Nairobi, Dec. 10 -- The International Monetary Fund (IMF) has set a new staff visit to Kenya in January as the multilateral lender extends discussions on a new funded programme with the country. The ... Read More
Nairobi, Dec. 10 -- Banks have chosen different benchmarks to price loans under the new risk based pricing formula, denying customers a uniform reference rate to assess the cost of borrowing. The Cen... Read More
Nairobi, Dec. 9 -- Telecoms operator Safaricom Plc has raised Sh20 billion from the first tranche of its corporate bond after a 177 percent oversubscription of the offer which closed on Friday. Total... Read More
Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More
Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More
Nairobi, Nov. 6 -- Powerful Western lenders led by the World Bank and the International Monetary Fund (IMF) forced Kenya to convert dollar-denominatedstandard gauge railway (SGR)debt intoyuan after co... Read More
Nairobi, Nov. 6 -- The market value of the NairobiSecurities Exchange (NSE)closed above Sh3 trillion for the first time in the wake of a remarkable rally that began last year and was then turbocharged... Read More