Rising food, fuel prices push June inflation rate to 5.7pc

By Kepha Muiruri,

The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to c...

CBK , consumer prices in Kenya , Inflation , kenyan shilling , KNBS

Jubilee eyes strong firms in strenuous market

By Kepha Muiruri,

Top insurer Jubilee is keen to consolidate on its market position in underwriting through mergers and acquisitions. This as the insurance industry ...

Jubilee Holdings

NSE taps into top stocks in safe-bet derivatives

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) has picked seven of the best performing shares on its 25 index to kickstart the derivatives market whose launch ...

nse

Two arrested as illegal fuel siphoning syndicate is busted in Mlolongo

By Citizen Reporter,

By Kimani Mbugua Police are presently holding two suspects over a syndicate said to have been illegally siphoning fuel from the Kenya Pipeline Comp...

Fuel siphoning , Kenya Pipeline Company , mlolongo , Police

European stocks hit by Iran tensions

By Reuters,

European shares dipped early on Tuesday, as investors shied away from riskier assets in the face of a new round of U.S. sanctions against Iran and dou...

European , Iran , President Donald Trump , shares

Iran says will take further steps to reduce nuclear deal commitments: Tasnim

By Reuters,

Iran will announce further moves on Monday to scale back compliance with an international nuclear pact that the United States abandoned last year, the...

Iran , Nuclear , Tasnim

Hundreds of HIV-infected Pakistani children left untreated

By VOA,

The U.N. World Health Organization says hundreds of HIV positive children in Pakistan cannot get treatment because there are not enough antiretroviral...

HIV , pakistan , The United Nations (UN) , World Health Organization (WHO).

Rand slips on investigation into Ramaphosa campaign donation

By Reuters,

South Africa’s rand slipped on Thursday, as investors were unnerved by an investigation into a donation for President Cyril Ramaphosa’s 2017 campa...

Cyril Ramaphosa , South Africa rand

Govt to allow 12M bags of maize to be imported

By Dennis Otieno,

The government will now allow millers and traders to import twelve million bags of maize in a bid to cushion Kenyans against higher maize prices. A...

Agriculture cabinet secretary Mwangi Kiunjuri , COMESA , EAC , maize , MAIZE SHORTAGE

Man pays Ksh.463M for lunch with Warren Buffett

By CNN,

Cryptocurrency skeptic Warren Buffett will dine with a bitcoin enthusiast, all in the name of charity. Entrepreneur Justin Sun bid $4.57million (Ks...

bitcoin , cryptocurrency , Justin Sun , Warren Buffett

Choppies Supermarkets corporate troubles hit Kenyan operations

By Kepha Muiruri,

Choppies Supermarkets could be on the brink of turmoil as ongoing corporate troubles in its home country of Botswana takes a hit at its Kenyan operati...

Choppies Supermarket , Ramachandran Ottapathu

Government releases maize to plug grain shortage

By Zeddy Sambu,

The Government has released two million bags of maize to millers to plug the grain shortage that has seen the price of flour rise 30 percent in one mo...

farmers , millers , NCPB , Peter Kuguru , Strategic maize stocks

U.S. sanctions on Huawei send stocks reeling; yields fall

By Reuters,

European stocks fell, government bond yields slipped and the Japanese yen firmed on Thursday after the U.S. government hit Chinese telecoms giant Huaw...

bonds , gains , rise , stocks , yields

World food prices climb in April, cereal output seen rising: U.N. FAO

By Wangui Ngechu,

World food prices rose some 1.5 percent in April, with a jump in dairy and meat prices helping offset a fall in cereal quotations, the United Nations ...

European shares tumble amid trade tensions

By Reuters,

European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a t...

Warren Buffett says U.S.-China trade war would be ‘bad for the whole world’

By Reuters,

Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.” Buffett spoke after U.S....

china , President Xi Jinping , Trade war , U.S President Donald Trump , Warren Buffett

Mauritian insurer to acquire Kenyan insurance firms in Ksh.3B investment

By Kepha Muiruri,

Mauritius United Assurance (MUA) has set its sights on Kenyan insurers in a fresh Ksh.3 billion (USD 30 million) investment. The new facility follo...

acquisitions , Kenya's insurance sector , Mauritius United Assurance , Phoenix Group

Netflix surges ahead of quarterly results report; Disney in focus

By Reuters,

Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service’s quarterly results, with traders expecting a larger than normal ...

Netflix , Reed Hastings , Walt Disney Co

UN urges international community to invest in Mali’s humanitarian needs

By VOA,

The U.N. Office for the Coordination of Humanitarian Affairs warns the security situation in Mali will continue to spiral downward unless the internat...

MALI

Trump says China trade talks going well, will only accept ‘great’ deal

By Reuters,

U.S. President Donald Trump said on Thursday that trade talks with China were going well and he would only accept a “great” deal as negotiators ha...

china , President Donald Trump , President Xi Jinping , White House