Kenyan shilling hits year-high amid surging inflows
The Kenyan shilling on Wednesday advanced against the U.S. dollar to clock a level last seen some 12 months ago. It traded at...
XINHUA1 Mins read
Devolution offers boon for real estate developers
A faster surge in population in Kenya's rural towns following the introduction of county governments has become a boon for real estate developers....
XINHUA3 Mins read
NSE turnover fell 34% in Q4 last year
Equity turnover at the Nairobi Securities Exchange (NSE) declined in the last quarter of 2017, pushed down by a dip in foreign trading,...
XINHUA1 Mins read
Kenyans dump plastic cards for mobile money
The use of plastic cards in Kenya was flat in 2017 pointing to the challenges the mode of payment is facing in the...
XINHUA1 Mins read
Kenya shilling edges up against dollar
The Kenya shilling went up against the U.S. dollar on Monday as it sustained a momentum built last week. The local unit traded...
XINHUA1 Mins read
Mobile money deals hit Sh3.4tr in 11 months last year
Kenya's mobile money transactions rose 6.5% in the first 11 months of 2017 as compared to a similar period last year, Central Bank...
XINHUA1 Mins read
Eight family members killed in road accident
Eight family members died in a grisly road accident on Tuesday night after a commuter minibus they were traveling in rolled over at...
XINHUA1 Mins read
Kenya’s retail sector bullish in 2018, analysts say
The retail sector in Kenya would remain bullish in 2018 even as some local retailers face challenges that have led to closure of...
XINHUA1 Mins read
