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Nairobi residents still reliant on landlords as home ownership well dries up
By Kepha Muiruri,
1403, July 29, 2020 (EAT)
A tough economy has left Nairobi residents reliant on rental properties with the availability to funds to purchase homes drying up in the last year. ...
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Ruiru, Ruaka and Utawala among satellite towns leading lift in Nairobi land prices
By Kepha Muiruri,
1610, July 13, 2020 (EAT)
Sustained demand for parcels of land inside Nairobi Metropolitan Area (NMA) satellite towns has paid dividends for land investors as land prices recov...
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CBK urged to relax rules to banks on loan defaults
By Kepha Muiruri,
1134, June 16, 2020 (EAT)
The Central Bank of Kenya (CBK) has been urged to relax loan-loss provisioning rules to commercial banks as loan defaults pick up. Analysts at Cyto...
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CBK falls short of goal to switch Treasury bill investors to bonds
By Kepha Muiruri,
1554, May 28, 2020 (EAT)
The Central Bank of Kenya (CBK) has fallen short of its goal to switch Treasury bill (T-bill) investors to bonds in its quest to relieve pressure of t...
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Coronavirus pandemic deepens Kenya’s debt wound
By Kepha Muiruri,
1204, May 14, 2020 (EAT)
The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...
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Demand for office space in Nairobi falls to its lowest in 8 years
By Kepha Muiruri,
1154, April 28, 2020 (EAT)
The demand for office spaces in Nairobi’s commercial hub fell to an eight year low in 2019 indicating the continued tough economic environment in th...
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Non-performing loans cover from listed banks hits 59pc on rules change
By Kepha Muiruri,
1246, April 22, 2020 (EAT)
Publicly listed banks non-performing loans cover hit 58.5 per cent in 2019 as the 24 months window to the implementation on new financial reporting ru...
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Treasury raises Ksh.39 billion from April’s Infrastructure bond
By Kepha Muiruri,
2133, April 9, 2020 (EAT)
The National Treasury has raised Ksh.39 billion from its infrastructure bond sale conducted over the past week. The nine-year amortized bond attrac...
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NSE listed firms lose 21 percent of value in three months
By Kepha Muiruri,
2025, April 8, 2020 (EAT)
Companies listed in the Nairobi Securities Exchange (NSE) lost 21 percent of their values in the first three months of the year as the domestic equiti...
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Shilling drops to lowest level in five months over coronavirus fears
By Kepha Muiruri,
2102, March 17, 2020 (EAT)
The Kenya shilling touched a five-month low in its trading against the US dollar on Tuesday as concerns on the impact of the coronavirus outbreak cont...
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Global concerns including Coronavirus wipe out Ksh.91B from NSE in two days
By Kepha Muiruri,
2014, February 26, 2020 (EAT)
Investors at the Nairobi Securities Exchange (NSE) have seen the wiping out of an excess of Ksh.91 billion in just two days as participants registered...
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NSE bets on incubator graduates to sprout new listings
By Kepha Muiruri,
1919, February 19, 2020 (EAT)
The Nairobi Securities Exchange (NSE) has tipped its incubator program to build the exchange’s first listings ending a three-year barren run. NSE...
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Standard Chartered recommends further CBR cuts to spur growth
By Kepha Muiruri,
2037, January 29, 2020 (EAT)
The Standard Chartered bank has recommended further cuts to the Central Bank Rate (CBR) to sustain momentum in Kenya’s economic recovery path in 202...
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CBK expected to hold its base lending rate
By Kepha Muiruri,
2052, January 23, 2020 (EAT)
The Central Bank of Kenya (CBK) is expected by large to hold its base lending rate at 8.5 percent in observation of the translation of its last policy...
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Banks share prices set for correction
By Kepha Muiruri,
1240, January 22, 2020 (EAT)
Listed commercial banks share prices are set to re-adjust downwards in the near term as the market absorbs shocks emanating from observed investor ove...
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Bank stocks set to drive NSE Bull Run
By Kepha Muiruri,
2002, January 13, 2020 (EAT)
The large capped banking sector stocks are set to drive the recovery in stock valuations at the Nairobi Securities Exchange (NSE) with analysts holdin...
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Commercial bank loans expected to shape economy in 2020 – Report
By Kepha Muiruri,
1848, January 13, 2020 (EAT)
The filtering in of new loans into the economy is expected to shape growth prospects across the year following the freeing up of credit terms under th...
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Cytonn eyes Ksh.30 billion from high net worth investors
By Kepha Muiruri,
1843, December 10, 2019 (EAT)
Alternative investment firm Cytonn has set its sights on mopping up Ksh.30 billion worth of investor funds through its launch its first regulated high...
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Cytonn shelves listing plan, cites depressed stock market
By Kepha Muiruri,
1003, November 28, 2019 (EAT)
Alternative investments firm Cytonn has put off its public listing plan citing the continued depressed performance of company stocks. The firm whic...
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CBK cuts base lending rate to 8.5%
By Kepha Muiruri,
1102, November 26, 2019 (EAT)
The Central Bank of Kenya (CBK) has cut its base lending rate to 8.5 percent from 9 percent, marking the first adjustment to the Central Bank Rate (CB...
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