Standard Investment Bank multi-asset fund posts returns at 19pc

By Kepha Muiruri,

Standard Investment Bank (SIB) multi-asset strategy fund MansaX has posted a similar return to investors in 2020 at 18.8 per cent from 19 per cent in ...

Mansa X , Standard Investment Bank (SIB)

NSE seeks lift from 2020 bear run as trading resumes

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measur...

bulls & bears , COVID-19 , Nairobi Securities Exchange (NSE)

14 foreigners mainly from Eastern Europe face deportation from Kenya

By Citizen Reporter,

Kenya is set to deport 14 foreigners mainly from Eastern Europe who are in the country illegally. Interior CS Fred Matiangi signed the deportation ...

deportation , gambling

EABC urges partner states to harmonize tax regime

By Citizen Reporter,

The East African Business Council (EABC) is urging for tax regime harmonization within the East Africa Community (EAC) and improve ease of doing busin...

EABC , nesbitt

Investors in publicly listed firms at NSE set for barren dividends season

By Kepha Muiruri,

Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...

dividends , nse , profits

OPINION: Why affordable housing is a game changer

By Guest Writer,

Home ownership in Kenya has generally been reserved for wealthy individuals with considerable disposable income and for bankers who have access to loa...

Nakumatt resolution to wait as liquidation is extended to February 2021

By Kepha Muiruri,

The resolution of creditors’ debt in the defunct Nakumatt Holdings Limited (NHL) is set to wait longer following High Court’s extension of the liq...

nakumatt

Fight against COVID-19 and commerce top the agenda as Uhuru meets Italian counterpart

By PSCU,

President Uhuru Kenyatta today paid a courtesy call on his Italian counterpart Sergio Mattarella at his Quirinal Palace in Rome. President Kenyatta...

President Uhuru Kenyatta

Foreign investors turn net sellers in October as NSE struggles for lift

By Kepha Muiruri,

Foreign investors in the Nairobi Securities Exchange (NSE) turned net sellers in October ending a two-month cooldown which saw the investors buy into ...

bear market , Nairobi Securities Exchange (NSE)

CBK dollar reserves fall below 5-month cover as shilling treads on 109 mark

By Kepha Muiruri,

The Central Bank of Kenya (CBK) usable foreign currency reserves have fallen below the five months import cover in the past week as the shilling faces...

Central Bank of Kenya (CBK) , Kenya Shilling

Kenya’s financial markets attractiveness drops to 7th spot in Africa- Report

By Kepha Muiruri,

The attractiveness of Kenya’s financial markets on the continent has slumped to position seven from three according to a just released report. Ac...

Absa Africa Financial Markets Index 2020 , Capital Markets Authority (CMA) , Nairobi Securities Exchange (NSE)

President Kenyatta kicks off France visit at Elysee Palace

By PSCU,

President Uhuru Kenyatta kicked off his official visit to France on Wednesday evening at Elysee Palace where he was received by his French host Emmanu...

FIDA: Withdraw VAT Bill President Uhuru Kenyatta , in france

The NSE sees its best day of trading in 2020

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) marked its best day of trading in 2020 on Thursday as turnover hit a record Ksh.3.76 billion. The daily turno...

COVID-19 , Nairobi Securities Exchange (NSE)

Foreign investors end a 7 month sell-off run at the NSE

By Kepha Muiruri,

Foreign investors ended the month of August with a Ksh.195 million net buying position of stocks at the Nairobi Securities Exchange (NSE) ending a sev...

COVID-19 , Foreign Investors , Nairobi Securities Exchange (NSE)

BWIRE: Time to focus on high cost of content production

By Guest Writer,

By Victor Bwire One of the issues coming out during this COVID-19 pandemic is that the cost of doing media business in Kenya is very high; especial...

CBK dollar reserves fall as Kenya shilling swings back against U.S. currency

By Kepha Muiruri,

The Central Bank Kenya (CBK) dollar reserves declined by Ksh.8 billion in the week as the shilling swung back against the U.S. dollar from a historica...

CBK , Kenya Shilling

Kenya shilling falls to a new record low

By Kepha Muiruri,

The Kenya shilling touched a new low in Wednesday’s trading session against the U.S. dollar as the local unit now sees new bouts of volatility. T...

Central Bank of Kenya (CBK) , COVID-19 , shilling

Trump orders TikTok’s Chinese-owned parent company to divest interest in US operations

By CNN,

President Donald Trump issued an executive order Friday evening directing ByteDance, the Chinese-owned parent company of TikTok, to divest interest in...

Donald Trump , Tiktok

Capital Markets Authority seeks reversal of lost incentives to boost market activity

By Kepha Muiruri,

The Capital Markets Authority (CMA) says it is seeking the reversal of lost incentives to boost market activity in its push for a post COVID-19 recove...

2020 Finance Act , Capital Markets Authority (CMA) , COVID-19

How to get started with Forex Trading in Kenya

By Trade Forex Kenya,

Forex trading is the term for buying or selling currency on the international currency market. This trading happens on the current exchange rate of...

Forex Trading in Kenya