Pension returns negative on falling share prices
Kenyan pension schemes have registered negative returns in the quarter ended September.
View ArticleWhy Kenya’s stock market has suffered steepest losses globally
Persistent market’s weakness might inhibit retirement funds from meeting their pension obligations.
View ArticleUS firm drops Kenya companies second time in three months
Kenya’s stock market faces more investment hurdles after Morgan Stanley Capital International (MSCI) dropped its listed firms from the latest MSCI Equity Index.
View ArticleInvestors convert Sh600 million Centum Re bond into apartments
A section of Centum Real Estate’s bondholders opted to be paid in the form of houses.
View ArticleProfit warnings at NSE rise to nine on tough economic environment
Crown Paints and WPP Scangroup are the latest listed companies to issue profit warnings to their investors.
View ArticleTreasury slaps online forex brokers with new levy
The Treasury has introduced a regulatory fee on online forex brokers.
View ArticleStepping up money laundering war
Regional body raises concerns about Kenya's standing on the global stage in the fight against money laundering.
View ArticlePatel: How I recovered after Imperial Bank collapse
The entrepreneur says managing expenses is one of the biggest issues in running a business.
View ArticleSIB launches Shariah-compliant wealth management services
Standard Investment Bank (SIB) has launched Shariah-compliant investment services, targeting institutional and high-net-worth individual clients.
View ArticleUptake of affordable home loans falls 69 percent
The uptake of affordable home loans under Kenya Mortgage Refinancing Company (KMRC) declined by more than two-thirds.
View ArticleParliament turns heat on CA to reduce call tariffs further
A committee of Parliament has questioned a decision by the Communications Authority of Kenya to effect a smaller-than-recommended cut on the mobile termination rate (MTR).
View ArticleCoffee grower Eaagads’ sales collapse amid reforms
The sales revenue for coffee grower Eaagads dipped over 99 percent in the six months to September.
View ArticleBamburi signals dividend from Sh12bn Uganda deal
Bamburi Cement has signalled that it expects to pay its shareholders a special dividend from the sale of its 70 percent stake in Hima Cement.
View ArticleTreasury relaxes listing conditions to end IPO drought at NSE
Companies seeking to list on the NSE are now required to show proof of having made a profit once in the last five years.
View ArticleKCB sets sights on making its mortgage business subsidiary
KCB Group is mulling the spin-off of its mortgage business into a distinct subsidiary.
View ArticleInfrastructure bonds shine in secondary market
The infrastructure bonds sold by the government this year are trading at a premium in the secondary market.
View ArticleKenyans tip Glovo riders Sh115,000 in one year
Kenyan food consumers tipped Glovo riders Sh115,325 during the 12 months to September.
View ArticleBanks profit dips 4.9pc in rare decline for industry
Banks posted a 4.9 percent decline in pre-tax profit generated from the Kenyan market.
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