First batch of COVID-19 vaccines arrive in Kenya

By Citizen Reporter,

1.02 million doses of the AstraZeneca-Oxford COVID-19 vaccines arrived at Jomo Kenyatta International Airport, in Nairobi on Tuesday night. The vac...

coronavirus , kagwe , vaccine

Saudi de facto ruler approved operation that led to Khashoggi’s death: U.S.

By Reuters,

Saudi Arabia’s de facto ruler approved an operation to capture or kill murdered journalist Jamal Khashoggi in 2018, according to U.S. intelligence r...

Jamal Khashoggi , President Joe Biden , Prince Mohammed bin Salman , Saudi Arabia , U.S intelligence

COVID-19 cuts 912 Kenyans from dollar millionaires list: Report

By Kepha Muiruri,

COVID-19 related disruptions have cut 912 Kenyans out of the dollar millionaires club according to a new Wealth Report by consultancy firm Knight Fran...

COVID-19 , dollar millionaires , Knight Frank Wealth Report 2020

Bitcoin: Dawn of new era

By Citizen,

The worth of it rises to the sky when the world’s richest man, Elon Musk, the owner of the tesla company claims the use of bitcoin also that he will...

Is online trading a safe way to invest in markets?

By Citizen Reporter,

COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...

Elon Musk , Forex , GameStop , online trading

NSE investors take profit positions ahead of 2020 results

By Kepha Muiruri,

Nairobi Securities Exchange (NSE) investors are moving to take up profit taking positions ahead of the release of 2020 full year financial results. ...

dividends , Nairobi Securities Exchange (NSE)

Understanding factors that cause stock prices to fluctuate

By Benjamin Muriuki,

Stock prices increase and decrease in value frequently, fluctuating sometimes by shocking amounts and in short periods of time. New traders or investo...

Forex Trading , stock market

Foreign investors troop back to the NSE

By Kepha Muiruri,

Foreign investors have begun returning to Kenya’s local stock market halting portfolio exits seen largely in 2020. According to new market statis...

Foreign Investors , Nairobi Securities Exchange (NSE)

1.25 million Kenyans to receive COVID-19 vaccine before June 2021

By Tonny Ndungu,

The Ministry of Health has established a taskforce to ensure an expedited deployment of COVID-19 vaccines. The task force will be chaired by Dr Willi...

coronavirus

NSE hunts elusive IPO as market conditions improve

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) will be seeking an end to a five year dry spell which has seen it go without a listing by initial public offer (...

nse

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)

KTDA declares Ksh.734M dividend for tea farmers

By Citizen Reporter,

The Kenya Tea Development Agency (Holdings) Limited on Friday declared a Ksh. 734million dividend for its smallholder tea farmers for the financial ye...

KTDA , tea farmers

WFP warns of critical food shortages for refugees in Kenya

By Citizen Reporter,

The United Nations World Food Programme (WFP) has warned more than 435,000 refugees in Kenya faced imminent food shortages unless new funds are swiftl...

food shortages , refugees , WFP

WHO scheme risks failure, leaving poor countries with no COVID-19 vaccines until 2024

By Reuters,

The global scheme to deliver COVID-19 vaccines to poorer countries faces a “very high” risk of failure, potentially leaving nations home to billio...

coronavirus , covax , covid-19 vaccine , moderna , Pfizer

African envoys due to meet Ethiopia PM as war ultimatum expires

By Reuters,

African peace envoys were due to meet Ethiopia Prime Minister Abiy Ahmed on Friday, a day after he said the military was beginning the “final phase�...

Ethiopia , tigray

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

Moderna says its vaccine is 94.5% effective in preventing COVID-19

By Reuters,

Together with Pfizer Inc’s vaccine, which is also more than 90% effective, and pending more safety data and regulatory review, the United States cou...

coronavirus

49 percent of ‘rich’ Kenyans fall behind loan repayments

By Kepha Muiruri,

Nearly half of all Kenyans with a stable financial footing have fallen behind their loan repayments revealing the extent of the economic distress in t...

COVID-19 , debt , Kenya Bankers Association (KBA)

Pfizer Inc announces 90% effective COVID-19 vaccine

By Reuters,

Pfizer Inc said on Monday its experimental COVID-19 vaccine was more than 90% effective, a major victory in the fight against a pandemic that has kill...