WPP ScanGroup Joins List of Firms that Have Issued Profit Alert
WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list of firms that issued a profit warning, an indication of a...
JACKSON OKOTH1 Mins read
Sidian Bank Upgraded to Medium-Size Status by CBK: Facts and Figures
Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris Kirubi, has been officially reclassified as a middle-sized lender by the...
JACKSON OKOTH2 Mins read
CBK to Raise KSh60Bn for Budgetary Spending in January 2026
CBK (Central Bank of Kenya) has gone into the primary bond market, where the fiscal agent seeks to raise KSh 60.0billion through sale...
JACKSON OKOTH2 Mins read
Diageo UK Plc Finally Exits East Africa’s Beer Market
Diageo Plc UK, a global brewing giant has sold its entire stake in East African Breweries Limited(EABL) in a deal that will see...
JACKSON OKOTH3 Mins read
SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September
SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to purchase land or a house totalling to KSh 32.7 Billion according...
JACKSON OKOTH3 Mins read
Cytonn Empire: How COVID-19 Pandemic Wreaked Havoc On Its Grand Real Estate Pipeline
Cytonn Investments Plc, a leading asset management firm, had a sound idea. The plan was to acquire properties which would be developed by...
JACKSON OKOTH5 Mins read
Safaricom Secures US$138m from Standard Bank for Its Ethiopian Subsidiary
Safaricom Plc, a leading telecommunications firm, has sealed a $138m funding deal with South Africa’s Standard Bank, to assist the operator’s drive to...
JACKSON OKOTH3 Mins read
NSE to Benefit from Federal Reserve Rate Cut, Renewed Foreign Investor Interest
NSE (Nairobi Securities Exchange) is expected to benefit from a recent cut in the base rate by the US Federal Reserve as foreign...
JACKSON OKOTH3 Mins read
