Nairobi, Oct. 27 -- Stockbrokers have pocketed up to Sh14 billion in commissions from the sale and purchase of shares in the wake of a boom at the Nairobi Securities Exchange (NSE). Data from the Cap... Read More
Nairobi, Oct. 27 -- Two employees of financial services sector firms, Equity Bank and Old Mutual, have been charged in separate cases involving alleged insider fraud, with one accused of duplicating b... Read More
Nairobi, Oct. 27 -- The High Court has declined to hear a suit by Tata Chemicals Magadi Limited, which sought to challenge the government's decision to suspend its mining operations, saying it should ... Read More
Nairobi, Oct. 26 -- Wealthy Kenyan households and companies have stockpiled a record Sh1.52 trillion in foreign-currency deposits in commercial banks as they seek safety for their savings in dollars. ... Read More
Nairobi, Oct. 26 -- From Stone Town to Spice Island, something about Zanzibar left Ridge Ragira, a Kenyan based in Kisumu, smitten and bewildered by its beauty. Like many Kenyans who have visited the ... Read More
Nairobi, Oct. 26 -- When Faith Achiro bought her 50-by-100-foot plot in Kaputei in 2004 for Sh35,000, she saw it as an investment opportunity through her savings and credit co-operative society (Sacco... Read More
Nairobi, Oct. 26 -- Entertainment company MultiChoice is seeking to reclaim lost market share by cutting prices and simplifying its pay-TV packages amid stiff competition from rival operators and the ... Read More
Nairobi, Oct. 26 -- The Nairobi Securities Exchange (NSE) attracted 333,043 new investors in the nine months ended September, more than triple the growth in investor base over the same period last yea... Read More
Nairobi, Oct. 26 -- Kenyan farmers are shifting toward Saccos and commercial banks to finance their farms, with reliance on loans from family and friends falling as overall borrowing increases, a Cent... Read More
Nairobi, Oct. 26 -- Kenya plans to drill 34 new geothermal wells to add 421 megawatts (MW) of electricity to the grid by 2030 and install battery storage systems for wind and solar power amid rapidly ... Read More