The Kenyan Wall Street

The Kenyan Wall Street

By KenyanWallstreet
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Interview with Jared Getenga,Chief Executive Officer Credit Information Sharing Association of Kenya
Credit Information Sharing (CIS) is a process where credit providers (such as banks, microfinance institutions, saccos, etc.) exchange information on their outstanding loans and advances through licensed Credit Reference Bureaus (CRBs). The CRBs are licensed by the Central Bank of Kenya. Through CIS, a lenders accesses reports from the CRB which informs them about the repayment patterns of a borrower. In other markets, CIS is also referred to as Credit Referencing or Credit Reporting, among other terms. In Kenya, as per the Credit Reference Bureau Regulations 2013, commercial and microfinance banks are mandated to share information on their entire loan books, meaning both up to date and late (overdue) repayment details of a borrower are shared. This data is submitted electronically on a monthly basis to the CRBs.
14:58
February 18, 2020
CMA Licenses Derivatives Trading Members
NSE launched Derivatives market in July 2019
00:42
February 7, 2020
Kenya's Central Bank Introduces Mobile based bonds
roll out of CBK-TMD designed to facilitate investment in government securities
00:19
February 7, 2020
Interview with Wycliffe Shamiah, acting CMA CEO
Mr. Shamiah took over the mantle from Mr. Paul Muthaura on 1st Jan 2020
11:29
February 3, 2020
Barclays Launches Kenya's First Vertical Card as Transition to ABSA gains pace
Kenya's first vertical card launched by Barclays
01:25
January 27, 2020
Kenya’s Acorn Green Bond Starts Trading at LSE
This development comes days after the bond, worth KSh4.3 billion, started trading at the Nairobi Securities Exchange (NSE).
00:54
January 20, 2020
Kenya Secures £1.3B From UK in Investments Deals
The investments will focus on housing, finance, renewables and entrepreneurship
00:32
January 20, 2020
One Year Treasury bills Oversubscribed
The CBK received bids worth Ksh 39.77 Billion and accepted Ksh 36.8 Billion
00:54
January 14, 2020
Yen falls to Eight month low as US-China Ties improve
The yen has weakened 1.4% versus the dollar this year
01:00
January 14, 2020
Acorn Green Bond starts trading on NSE
Acorn green bond raised Ksh 4.3 Billion representing an 85% subscription
00:40
January 14, 2020
KQ set to receive cash boost from the government
The airline made a net loss of Ksh 8.5 billion in the first half of 2019
00:55
January 13, 2020
Kenya's Tourism Earnings hit Ksh 163.5 Billion
In 2019 the number of tourists hit 2.04 million compared to 2.02 million in 2018
00:51
January 13, 2020
Interview with Jerioth Mwaura on capitalizing on GIG economy to solve unemployment
Gig economy is an ecosystem where freelancing is the primary or at least a major source of income
1:02:59
January 11, 2020
KCB injects Ksh 5 billion into recently acquired National Bank
This is to meet capital adequacy thresholds
00:21
January 9, 2020
Africa Oil to Earn from Kenya's First Oil Shipment
An independent firm estimates Kenya's oil reserves at 766 million barrels
01:08
January 9, 2020
Kenya to Refinance its Commercial Debt
Public debt is expected to reach 6.7 trillion by the end of this year
01:04
January 9, 2020
Kisumu port ships First Oil Consignment to Uganda
The consignment contained 22 wagons loaded with 894,000 liters of diesel
01:07
January 8, 2020
SGR Loan Repayments to China to double to Ksh 71 Billion
Taxpayers will shoulder part of the 130% increase due to revenue shortfalls from the project
00:53
January 8, 2020
Absa strikes $497 Million Deal to Boost Lending in Africa
The guarantee will shield Absa against political risk and assist expand financing across seven African Nations
00:45
January 8, 2020
International Oil Prices Jump to Seven Month high
The price hike is as a result of US-Iran tension
01:13
January 7, 2020
Kenya's Stock Market ranked sub-saharan Africa's best performer in the past decade
The MSCI index improved by 12% in the period starting from 1st January 2010 to 31st December 2019
01:20
January 7, 2020
NCBA Boss Calls for Higher Capital Requirements for Banks
The CEO recommends raising minimum core capital base to Ksh 10 billion from the current 1 billion
00:54
January 7, 2020
The World's Biggest Free Trade Area to Launch in July
The Continental Free Trade Area will comprise of 53 African Countries with an estimated GDP of $2.5 Trillion
01:15
January 6, 2020
Port of Mombasa hits 1.4 Million Containers in 2019
In 2020 the port expects to handle 1.5 million Total Equivalent Units
00:55
January 4, 2020
Kenya's Q3 Economic Growth Declined to 5.1%
This is in comparison to the 5.6% quarterly growth recorded in the 1st and 2nd quarters of the year
01:12
January 3, 2020
Interview With EGM CEO Samuel Kiraka on the State of Kenya's Online Forex (FX) Trading
EGM Securities Ltd is Kenya's first Non-Dealing Online Forex Broker licensed and regulated by Kenya’s Capital Markets Authority
09:58
January 3, 2020
December Inflation Rises to 5.82%
Food and Transport costs rose significantly between November and December
00:52
January 2, 2020
Barclays Futures Begin Trading at the NSE derivatives Market
This brings the number of Single stock futures traded to 6. Safaricom,KCB,Equity, EABL and BAT
00:43
January 2, 2020
KRA re-introduces Turnover Tax from 1st January 2020
This is in line with the Finance act 2019
00:56
January 2, 2020
A Discussion on The Affordable Housing Program with Haggith Jepkoech
The Affordable Housing Programme is an initiative by government as one of the pillars under the ‘Big 4 Agenda’ which ensures that low and middle income households have access to decent and affordable housing units. More Information at bomayangu.go.ke
29:10
December 22, 2019
A chat with KBL Managing Director, Jane Karuku after Safaricom Partners with KBL to Connect Coolers
The partnership will see the coolers connected with sensors, which leverage on the Internet of things (IoT), responsible for collecting and exchanging data.
03:26
November 23, 2019
Interview with Kamal Bhattacharya CEO & Co-Founder Mojochat
Mojochat is a service focused on helping people to acquire second languages.
14:37
November 19, 2019
A chat with Miriam Tuerk CEO at Clear Blue Technologies
Clear Blue Technologies International, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions.
29:41
November 18, 2019
Eaagads Appoints New Director
In line with this appointment, the company’s board has also announced the resignation of Mr. Andrew Rowell as a director of the company.
00:44
November 16, 2019
Amazon To Set Up Edge Location in Kenya
The new addition will be Amazon’s third location in Africa
00:53
November 15, 2019
First Phase of Affordable Houses to be Completed by December
The second phase of the project is expected to be completed in mid 2020 and the final phase will be completed by the end of next year.
00:41
November 15, 2019
Unilever Appoints Nils Andersen as the New Chairman
Nils Andersen has previously served as CEO at Maersk and Carlsberg
00:36
November 14, 2019
Equity Group's Q3 Profits hit Ksh 17.3 Billion
at market close 11th Nov 2019, Equity Group Holdings shares traded at Ksh 48.50
01:26
November 14, 2019
Stanlib to sell Fahari I-REIT to ICEA Lion
The deal is expected to be completed by 29th February 2020
00:45
November 13, 2019
Kenyan Banks Ease Credit Access to SMEs
The banks are using Stawi – a digital platform – to improve access to credit and improve SMEs businesses.
01:02
November 7, 2019
Students’ Backed Unit Trust Fund Launched in Kenya
The first-ever student’s unit trust fund in Kenya was recently launched in under the name Wanafunzi Investment Unit Trust Fund.
01:05
November 7, 2019
Parliament Adopts Proposal to Remove Rate Cap Law
only 161 members of parliament were present against the minimum of 233  members needed for a vote. As a result, the proposals passed through  without a vote.
01:03
November 5, 2019
National Bank Reports Q3 Profit of Sh 642.9 million
NBK has been operating as a subsidiary of KCB Group since beginning of October
01:22
November 4, 2019
Interview with Safaricom Interim CEO Michael Joseph
Safaricom has reported a 14.4 % growth in half-year net profit to Ksh 35.65 billion.
14:39
November 3, 2019
Safaricom’s Half-Year Profits Jump 14.4% to KSh35 billion
Safaricom has reported a 14.4 % growth in half-year net profit to Ksh  35.65 billion. Pre-tax profit increased by 12.7% to Ksh 49.88 billion.  Service revenue increased by 5.3% to Ksh124.3 billion.
01:30
November 2, 2019
Kenya's public debt hits Ksh 6 Trillion
The debt represents 60% of GDP
00:48
October 29, 2019
High Cost of Food Pushes Kenya’s Inflation to 4.95% in October
Kenya’s rate of inflation averaged at around 5.2% between September 2018 and October 2019.
00:33
October 28, 2019
A discussion on The Kenya Information And Communications (amendment) Bill
The objective of this Bill is to amend the Kenya Information and Communications Act to provide for regulation of use of social media platforms
19:46
October 27, 2019
Interview: A chat with Head of Research ABSA group Jeff Gable
Jeff Gable, Head of Macro and Fixed Income Research ABSA group
17:51
October 25, 2019
Interview: A chat with Pan African East Africa General Manager Greg Jackson
The Panafrican Group operates in various countries across Africa where they are recognized leaders in providing Komatsu, Wirtgen and AGCO equipment and aftersales support solutions to the the large mining, light and alluvial mining, cement and aggregates, civil and infrastructure, power and energy, and agriculture and forestry sectors.
09:05
October 22, 2019
Tax Contribution by Banks hits Ksh 207 Billion in Two Years
Total tax contribution of the Kenya Banking sector plus remarks by Kenya Bankers Association CEO Dr. Habil Olaka
04:28
October 20, 2019
Interview: A chat with Frida Nzaba, Engineer at Rolls Royce and Founder of Edu-Cater Global
Frida Nzaba is a Manufacturing Engineer at Rolls-Royce Engine Overhaul Services, based in Derby. Her working day is spent developing and implementing ways to repair jet engine components.
34:46
October 20, 2019
Interview: Harriet Kariuki of Afrijob discusses the Kenyan Startup Ecosystem
Afrijob helps match fast-growing African companies with top local, regional, and global talent.
22:27
October 19, 2019
Interview : Deloitte E.A CEO - Mr. Joe Eshun and Africa Deloitte Private Leader - Ms Mabel Ndalawa
Deloitte Private is a group of international experts created within the Deloitte network that provides specific advisory services to private companies, family businesses & individuals.
22:44
October 15, 2019
The Kenyan Wall Street Podcast: A discussion on The Lending Cap Rate
Our Team discusses the lending cap rate and how it has affected issuance of credit
13:52
October 12, 2019
Traders to have Direct Access to NSE Derivatives Market
The new platform allows investors to place,buy and sell orders directly on the Exchange's order book
01:02
October 9, 2019
News Brief: AfDB, ICEA LION, Renault Trucks, Credolab
1.African Development Bank (AfDB) Approves KSh23.8 Billion Loan for Expansion of Kenya’s Great North Road. 2. Dr. Caesar Mwangi Appointed CEO of ICEA LION Insurance Holdings. 3.Renault Trucks Opens Assembly Plant in Thika 4.New Credit Reference Bureau opens in Kenya
02:12
October 9, 2019
Stockbrokers bleed from depressed NSE
Stockbrokers and Investment Bankers have been hit hard by a persistent bear run at the NSE
01:52
October 8, 2019
Kenya's Financial Sector reports stable growth
Regional and local economy growth was reported to be stable
02:03
October 8, 2019
News Brief: KPC, KRA, NMG, KCB-NBK
1. Andambi's tenure as Acting MD at KPC extended. 2.Francis Muthaura gets 3 years at KRA Board. 3.Summayya Hassan joins NMG Board. 4. KCB lists additional 142.9 million shares after acquisition.
01:44
October 7, 2019
Weekly Market Review: Shilling Stable
The Shilling remained stable against major international and regional currencies
01:43
October 6, 2019
Press Conference: Central Bank of Kenya Briefing on Demonetization of Ksh 1000 notes
Central Bank of Kenya’s press conference with Governor Patrick Njoroge  on how the demonetisation of the Kshs. 1000 notes happened.
29:46
October 5, 2019
Interview: A chat with KBA's Nuru Mugambi
Kenya’s first green bond, issued Acorn Holdings, has raised 4.3 billion shillings to build environmentally-friendly student accommodation
09:30
October 4, 2019
Press Conference: SANLAM KENYA Announces early retirement programme
Press Conference held by Group CEO of Sanlam Kenya PLC Dr Patrick N Tumbo
05:14
September 29, 2019
Interview: IQbusiness Head of Africa Development
IQbusiness is the largest independent management consulting firm in South Africa
17:15
September 27, 2019
News Brief
1.Kenya and Singapore exploring prospects for direct flights 2. BAT Kenya appoints new shares Registrars 3. Safaricom bags 2019 Employer of the year 4.Fish Imports from China to continue 5. Eddy Njoroge appointed ISO president
02:54
September 23, 2019
Interview: SWVL CEO,CO-Founder Mostafa Kandil
SWVL is a premium mass transit system that provides buses to every neighbourhood in Cairo. It allows people to share a ride in a van or bus
13:37
September 20, 2019
Interview: IATA VP Africa & Middle East Muhammad Aalbakri
The International Air Transport Association is a trade association  of the world’s airlines. Consisting of 290 airlines, primarily major carriers, representing 117  countries, the IATA's member airlines account for carrying approximately  82% of total available seat miles air traffic.
12:02
September 19, 2019
Kisumu port ready to Kickstart Operations
This is after a Ksh 700 million revamp
00:24
September 17, 2019
NSE admits NIC Bank to the derivatives market
as a non executive member
00:32
September 17, 2019
Interview : A chat with Copia Kenya CEO Tim Steel
Copia is one of the fastest growing enterprises in Kenya, who aim to make living easier - everyday,  by delivering underserved consumers and their communities the choice,  convenience and opportunity they deserve through a network of  digitally-enabled Agents located close to their home.
06:05
September 13, 2019
Interview : Rolls Royce Potential for Growth in Africa
Exclusive Interview: Philip Atkins, Vice President, Customers at Rolls-Royce
01:34
September 13, 2019
Interview: Kenya bids to host 2021 UNWTO General Assembly Meeting
CS Najib Balala says Kenya is ready to host UNWTO General Assembly Meeting
00:36
September 13, 2019
Interview : Rolls Royce future in Africa
What the future of Rolls Royce look like in Africa
03:15
September 9, 2019
Pradeep Paunrana given till Sept 10th to stop sale of ARM
Failure to which, the company will switch hands to Narendra raval of Devki group
00:40
September 6, 2019
KQ withdraws its Privately Initiated Investment Proposal
Withdrawal decision arrived at on 27th August
00:52
September 6, 2019
Moody's : NBK acquisition will weaken KCB Group's financials
In the short term the acquisition weakens KCB
01:46
September 5, 2019
Kenya Airways half-year losses widen to Ksh 8.5 billion
Flight delays and cancellations are said to drive up KQ's expenses
00:36
August 29, 2019
KRA improves Capital Gains Tax Collection
KRA aims to improve efficiency of tax collection
00:57
August 29, 2019
NSE posts 82% drop in mid-year profit to Ksh 24 million
The global economic decline has led to a dip in foreign investor participation
00:51
August 29, 2019
Nation Media Group half-year profits down 24% to Ksh 403 million
Weak earnings as a result of drop in firm's income
01:02
August 29, 2019
Standard Chartered half year net profits up 5%
profit up to Ksh4.7 billion
00:44
August 28, 2019
Google launches policy to regulate personal loan apps
Playstore now restricts applications that require full repayment in 60 days or less
00:58
August 26, 2019
NSE to install New Trading system
The new platform will allow investors to trade over mobile phone
00:40
August 25, 2019
CBK Governor:Watch Out for fake New Currency
Old generation 1000 shilling notes expected to cease circulation on 1st Oct
00:33
August 19, 2019
Analysts Issue strong Buy Rating for Barclays Kenya Stock
This is driven by High Dividend Yield
01:02
August 1, 2019
Centum raises Ksh7.4 billion from South Africa's Nedbank
This is to finance ongoing real estate projects
00:53
July 31, 2019
Kengen makes announcement on Unit 1 of Olkaria V geothermal plant
after unit 1, Kenya's total installed capacity is 726.6MW
00:38
July 30, 2019
President Uhuru presides over launch of Bidco Industrial Park
The factory has created 1000 direct and 5000 indirect jobs
00:38
July 29, 2019
Kenya Ready to export sh1bn crude oil stocks
Small scale export to start in September
00:43
July 29, 2019
Kenya still in support of Huawei regardless of US policy
Kenya and S.A still in support of Huawei
00:37
July 29, 2019
EA Cables and Transcentury complete debt structuring deal
Deal results in reduction of Ksh 1.65 Billion
01:07
July 25, 2019
Central Bank writes to Banks and Micro-finance institutions about betting firms
27 betting firms and 6 lottery businesses affected
00:45
July 16, 2019
KCB-National Bank union to be finalized by 25th August
After the acquisition NBK investors will hold a 4.59% stake in KCB
01:05
July 15, 2019
East Africa's First Derivatives Market Goes Live
Official launch was on 11th July 2019
01:48
July 15, 2019
Local Banks partner with MasterCard Foundation to empower youth
MasterCard aims to formalize informal sector
01:09
July 6, 2019
Manufacturers Association partners with Capital Markets Authority
Partnership will enable more companies to access affordable financing
00:38
July 6, 2019
CMA to proceed with enforcement hearings against Imperial Bank directors
CMA accused the board of failing in providing oversight over the management of Imperial Bank
01:12
July 4, 2019
Safaricom,Absa on the prestigious Forbes Global 2000 annual ranking
S.A's Standard Bank emerged as the top African company
01:04
July 3, 2019
Kenya and other Frontier markets book flat performance in June
Kenya's equity market dropped by approximately 0.4%
01:14
July 2, 2019
Mombasa port records a 6.3% Increase in amount of cargo handled
Increase attributed to: greater efficiency,a surge in imports and greater capacity
01:20
July 2, 2019
Kenya remains East Africa's most attractive market for Private Equity Investors
Average number of transactions have shown a sharp increase
02:01
June 26, 2019
Equity Group gets Ethiopian Banking Licence
plans to begin operations in July
01:12
June 26, 2019
East Africa registers Eight corporate deals worth $80.2 million in May
East African economies are projected to expand at an average rate of 6.1%
01:31
June 24, 2019
Moody's :KCB Group financials to weaken after the acquisition of National Bank
Transaction is expected to be finalized by the of Q3 2019
01:48
June 24, 2019
EIB Partners with Equity Bank to boost Funding to Agribusiness
An EU initiative launched to develop and modernize Kenyan smallholder farming
00:36
June 21, 2019
Lawmakers propose nationalization of Kenya airways
Mps also suggested the creation of an aviation holding company
01:24
June 21, 2019
Kenya Airways starts flying to Rome and Geneva
KQ suspended flights to Rome in 2012
01:15
June 21, 2019
SRC report :Kenya's Public Service dominated by ageing population
Public wage bill has been growing rapidly in the last 5 years
01:16
June 20, 2019
Bank of Uganda suspends the conversion of Kenyan shillings
it follows a similar move by the bank of Tanzania
00:43
June 20, 2019
Banks' role in promoting economic expansion in Kenya
solid economic growth due to a dynamic banking industry
01:06
June 20, 2019
US Embassy in Kenya stops accepting new currency
The Embassy is currently developing procedures to accept the new Kenya shillings
00:28
June 20, 2019
Safaricom feature allows you to place a call without airtime
Safaricom introduces Reverse Calls
00:57
June 20, 2019
Govt Suppliers to receive payment in 60 days
CS Henry Rotich Announces
01:25
June 20, 2019
Kenya Budget: Big 4 Agenda
Treasury allots Ksh450 Billion to Big 4 Agenda
03:20
June 19, 2019
Budget Highlights : Big Win for Private sector
proposed reforms in finance bill
02:00
June 18, 2019
Kenya's derivatives Market to go live on 4th July
trading of single stock futures and equity index futures
01:06
June 18, 2019
Tanzania suspends conversion of Kenyan Currency in their banking sector
businesses operating between the two countries will be affected
00:57
June 11, 2019
World Bank sets aside Ksh5 Billion to fund Kenyan SMEs
The project will be effected through incubation hubs,accelerators and bootcamps
00:45
June 11, 2019
Kenyan digital lenders form lobby group ahead of planned regulation
The digital lenders have signed on a code of conduct
00:47
June 11, 2019
CBK Governor, Deputy and Board chair to serve another 4 year term
with effect from 18th June 2019
01:02
June 11, 2019
Kenya govt to spend Ksh15 Billion in rollout of New currency
The exercise will last 3 years
00:29
June 11, 2019
Prices of Nairobi's Prime Properties suffer worst fall in history
Nairobi is ranked 42nd out of 45
01:15
June 10, 2019
Central Bank approves National Bank takeover offer by KCB Group
NBK investors will gain one share in KCB group for every ten shares they hold in NBK
01:15
June 6, 2019
Planned Acquisition of NBK by KCB Group Challenged in Court
Petitioners claim there was no public participation
01:22
June 6, 2019
IMF: Kenya's rate cap law one of the most drastic in the world
Central Bank governor Dr. Patrick Njoroge has repeatedly expressed his dissatisfaction with the law
01:39
June 6, 2019
Kenya's May inflation rate drops to 5.5%
a report by the Kenya National Bureau of Statistics
00:37
June 6, 2019
HF Group Sinks into Ksh157.7 million pretax loss in Q1 2019
HF group plans to become a fully fledged banking institution
01:18
June 6, 2019
Kenya Unveils New Banknotes, recalls old Ksh 1000 notes
Kenyans have until 1st October to exchange old Ksh1000 notes
00:47
June 6, 2019
UK Govt seeks more investment opportunities in Kenya
close to half of the $4.2 billion invested in the region comes to Kenya
01:32
June 5, 2019
StanChart Kenya appoints Patrick Obath as the new Chairman
Eng. Obath is a mechanical engineering graduate at Nottingham University
00:50
June 5, 2019
Kenya Budget reading set for 13th June 2019
CS Henry Rotich will deliver the budget statement in the National Assembly
00:18
June 3, 2019
Barclays posts 12% Profit Growth in Q1,2019
Barclays capital ratio stands at 16.5%
01:16
June 3, 2019
Credit Reference Bureau rules to be reviewed- CBK
Approximately 500,000 kenyans are blacklisted by credit reference bureaus
01:30
June 3, 2019
KRA shortlists 5 for the position of Commissioner General
KRA looking for John Njiraini's successor
00:45
June 3, 2019
PBO lowers Kenya's 2019 economic growth rate to 5.6%
Parliamentary Budget office has revised the growth rate from 6.2% to 5.6%
01:13
June 3, 2019
Kenya borrows Ksh75 billion from World Bank
loan to be used to support budget as well as other development programs
01:08
June 1, 2019
Treasury floats 4th M-Akiba bond
The bond will mature on 7th Sept 2020
00:54
June 1, 2019
Regulator approves Kenya's stock Exchange to offer derivatives
NSE will offer Equity single stock futures and Equity Index futures
00:40
May 31, 2019
Kenyan taxpayers to bear an extra Ksh18 billion in pension payment
pension bill increases by 21%
01:08
May 31, 2019
Central Bank retains base rate at 9%
retained at 9% for 5th consecutive time
01:04
May 31, 2019
Kenya's Treasury puts 2019/2020 budget deficit at Ksh 607 Billion
an increase of Ksh31Billion 2018/2019 budget gap
01:15
May 29, 2019
Coop Bank posts 4.4% rise in Q1 Profit after Tax
Highest dividend payment to shareholders since 2008
01:27
May 29, 2019
Rate of growth in house prices drops 2.78%
slowdown is attributed to drop in access to credit
01:09
May 26, 2019
Safaricom and Vodacom to purchase M-pesa Intellectual Rights
Safaricom and Vodacom to spend $13 million
00:54
May 26, 2019
East Africa Portland Cement board fires CEO
Mr Nkeri was fired due to poor financial performance of the company
01:03
May 26, 2019
Kenya Airways CEO offers to resign
Sebastian Mikosz's resignation will be effective on 31st Dec. 2019
01:04
May 25, 2019
Linus Gitahi appointed chairman of Diamond Trust Bank
appointed during AGM on 23rd May
00:54
May 25, 2019
Eveready's half-year loss narrows to Ksh39.6 Million
Eveready posted improvement in half-year results
01:04
May 24, 2019
Stanchart reports 31% growth in Q1 earnings
Stanchart records profit after tax of Ksh2.4Billion
01:08
May 24, 2019
Irish Stock Exchange admits Kenya's Third Eurobond
Bond admitted on Euronext Dublin on 22nd May 2019
00:45
May 23, 2019
KCB Group posts Ksh 5.77 billion net profit in Q1 2019
Net earnings go up by 11%
01:16
May 23, 2019
Bob Collymore speaks on his contract extension
Bob Collymore speaks on his future
00:21
May 23, 2019
Safaricom Extends CEO's contract to August 2020
Collymore had been set to step down in August 2019
01:15
May 23, 2019
Kenya launches mortgage refinance company
Govt launched KMRC on 22nd May 2019
01:30
May 23, 2019
EU opens worlds second largest Embassy in Kenya
embassy unveiled by EU High Representative Foreign Affairs Security Policy, Federica Mogherini
00:29
May 23, 2019
New Proposal to review CRB Law on data sharing
Repeal of Credit Reference Bureau regulations
00:37
May 23, 2019
Devki group subsidiary to acquire ARM Cement for sh5 billion
transaction is valued at Ksh 5 billion
01:10
May 23, 2019
Kenya to receive IMF's standby credit facility by July
Kenya was last issued with a similar loan facility in March 2016
01:24
May 22, 2019
Qatar eyes Kenyan agricultural exports
Qatar aims to access the vibrant agricultural sector in Kenya
00:52
May 22, 2019
KQ Chairman Michael Joseph seeks another Term
He was elected in Oct. 2016
00:40
May 22, 2019
Alexandar Forbes Financial Services Exits Uganda Market
The company is committed to an orderly exit from Uganda
00:29
May 22, 2019
Kenol Kobil De-listed from NSE Kenya
acquired by Rubis Energie
00:36
May 21, 2019
Billions lost to cybercrime in 2018
Funds lost through direct theft or indirect expenses linked to cyber crime
01:15
May 17, 2019
Kenya unveils a digital economy blue print
Advancement in digital economy will be founded on five pillars
01:13
May 17, 2019
Microsoft sets up Ksh100B Africa Development centre in Nairobi and Lagos
This will be a hub for Microsoft Engineers to create its solutions
01:25
May 17, 2019
Capital Market regulator approves National Bank takeover offer by KCB
Acquisition through a share swap
00:27
May 17, 2019
NIC & CBA announce leadership team
Merger is expected to be finalized by the end of 2nd quarter of 2019
01:14
May 17, 2019
Kenya raises $2.1Billion in 3rd Eurobond issue
The issue was over subscribed by 450%
01:17
May 17, 2019
Microfinance Bank seeks sh1 Billion Funding
The funding will help the lender invest in technology as well as fund its microfinance lending business
00:49
May 14, 2019
Rubis Energie appoints ex-Total Kenya executive as its CEO
Jean-Christian Bergeron appointed to be in charge of East African operations
00:50
May 14, 2019
Equity Group seeks permission to start operating in Ethiopia
Equity is looking to tap into the Ethiopian Market
01:20
May 13, 2019
RBA reaches out to 15 Million informal sector workers
The government agency aims to increase percentage of workers who sign up in pension plans
01:07
May 13, 2019
UK pledges billions towards increasing trade ties with Kenya
Uk govt has committed to funding several projects in Kenya
01:29
May 8, 2019
Oil exports from Kenya to start by July
Shipment contains 200,000 barrels of crude oil
01:00
May 8, 2019
World Bank approves $250M for affordable housing program
Establishment of Kenya Mortgage Refinance Corporation
01:49
May 7, 2019
Shelter Afrique invests Ksh 200M in Kenya Mortgage Refinance Company
Shelter Afrique invests Ksh 200M in Kenya Mortgage Refinance Company
00:51
May 7, 2019
Kenya Govt bans media ads on Betting and Gambling between 6am and 10pm
Ministry of Interior and Co-ordination of National govt. and Betting Control and Licencing board issue statement
01:08
May 6, 2019
Safaricom contributes 6.5% to Kenya's GDP
The company recorded income tax payment of Ksh 28.5 Billion
01:28
May 6, 2019
KNCCI patners with KBA to boost financing of SMEs
Kenya Bankers Association will support Kenya National Chamber of Commerce Industry through Inuka SME program
01:16
May 5, 2019
April Inflation hits 19 month High
Kenya's inflation rose to 6.58%
00:43
May 2, 2019
Kenya Airways widens loss to ksh 7.59Billion
Kenya Airways reported a loss of 7.59 Billion in the year ended Dec. 2018
00:38
May 2, 2019
Court bars KRA from collecting Betting Levy
KRA can no longer collect taxes accrued from betting firms
01:23
May 2, 2019
Attempt to separate Mobile Money from Telcos' core Business
Bill in Parliament seeks to create legislation
01:02
May 2, 2019
Huawei to develop Konza Data Centre and Smart City
The Ksh17.5 Billion project will involve establishment of key ICT infrastructure
01:27
May 2, 2019
Kenyan AI Startup UTU Receives Funding from DEEPCORE
The Japanese-based DEEPCORE, a subsidiary of global technology player SoftBank Group, seeks to permeate the culture of deep learning in society and developing of startups.
00:42
January 14, 2019
Eveready appoints new Director
Eveready appoints Joseph Sitati as its Director
00:48
January 10, 2019
Communications Authority Kenya Warns of malware attack
Communication Authority Kenya warns of Emotet Malware attack
00:46
January 10, 2019
Safaricom and CBA group launch FULIZA
Safaricom and CBA group launch FULIZA feature to boost M-Pesa transactions
01:28
January 10, 2019
Treasury reduces Annual Revenue Target
Kenyan Treasury reduces annual revenue target by 5%
00:52
January 8, 2019
CBK floats Ksh40 Bn Treasury Bond
CBK invites bids for Ksh 40Bn bond
00:35
January 4, 2019
December Inflation rate
Inflation rate Increases
01:01
January 4, 2019
I&M Dividend Payout
I&M Holdings directors approve dividend payout
01:15
January 3, 2019