MARKETS
Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.
Kenya’s Richest Student: 21-Year-Old Holding Sh102M In The Bank
The Assets Recovery Agency is seeking to freeze the bank account owned by the Nairobi Technical Training Institute student, Ms Felesta Nyamathira Njoroge, amid concerns that the cash could be proceeds of crimé.
Stanbic Bank, Inchcape Ink Deal To Offer 100PC Financing For Luxurious Cars
Stanbic Bank Kenya and Inchcape Kenya have entered into a partnership that will see customers get up to 100% financing to acquire BMW, Jaguar...
P2P Exchange Localbitcoins Unveils Mobile App
LocalBitcoins, the world’s oldest and largest peer-to-peer Bitcoin marketplace has unveiled its new mobile application, available for Android and IOS users. The app is...
CBK Takes Baby Steps Towards Launch Of a Digital Currency
The Central Bank of Kenya Governor, Dr Patrick Njoroge, says CBDCs can slash the time needed for cross border payments in addition to cutting costs significantly.
Sanlam Inks Partnership Agreement With Letshego Kenya
Listed non-bank financial services provider, Sanlam Kenya has sealed a deal to be the underwriting services provider for Letshego Kenya’s insurance arm, covering all the products...
High-Stakes Battle for Centum Sends Stock Tumbling
Centum has interests in Real Estate, Private Equity (PE), Development and Marketable Securities. Primarily, the letter poked holes in the management, business and operating models of its Real Estate and Private Equity ventures.
CBK Takes a Bold Step To Save Kenyans From CRB Listing
The CBK suspension directive, issued today 8th November 2021, applies to loans below Ksh5 million that were performing previously, but have become non-performing from 1st October 2021.
All You Need To Know About The MTN Uganda IPO
MTN Uganda opened its initial Public Offer that will run until 22nd November 2021 4pm. The MTN Uganda Chief Executive Officer, WIM VANHELLEPUTTE sheds...