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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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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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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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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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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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All eyes on CBK on review of Kenya economy base lending rate
By Kepha Muiruri,
839, November 22, 2019 (EAT)
All eyes will be on the Central Bank of Kenya (CBK) as it offers guidance on the direction of interest rates in the market. The CBK has been relati...
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Royal Media Services among top 100 best companies to work for in Kenya
By Ian Omondi,
2158, October 22, 2019 (EAT)
Royal Media Services (RMS) is one of the best companies to work for in Kenya, according to a new report released on Wednesday by Brighter Monday. T...
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Cytonn lines up first publicly funded debt issue
By Kepha Muiruri,
1831, October 7, 2019 (EAT)
Investor manager Cytonn has sought approval from the Capital Markets Authority (CMA) to register its first Development Real Estate Investment Trust (D...
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MPs take hard line stand as interest rate capping debate returns
By Kepha Muiruri,
1946, September 11, 2019 (EAT)
Members of Parliament have turned a deaf ear to the proposed repeal of interest rate caps on commercial bank lending. While banks have recently joi...
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Loose cash flows wipe off Shilling recent gains
By Kepha Muiruri,
1215, September 7, 2019 (EAT)
The Kenyan shilling closed at Ksh.103.85 against the US dollar in the week to September 6 to edge back closer to a five average low 104.30 reached at ...
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Tuskys shops for Strategic Investor in public listing bid
By Kepha Muiruri,
2121, August 1, 2019 (EAT)
Tuskys supermarket is out to shop for a strategic investor in its bid to publicly list at the Nairobi Securities Exchange (NSE) The firm incorporat...
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Budget 2019: Treasury misses the mark, no relief for Kenyans
By Kepha Muiruri,
2020, June 13, 2019 (EAT)
Treasury CS Henry Rotich's presentation on the financing of the 2019/20 budget estimated at Ksh.3.02 trillion has missed its mark in providing any sub...
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Kenyans lose millions as Suraya housing project collapses
By Raquel Muigai,
1630, May 24, 2019 (EAT)
A number of Kenyans have found themselves counting losses in millions of shillings after the Suraya projects failed. This despite the off-plan inve...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...
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