MARKETS

Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.

2184 Articles
Ndindi Nyoro pictured with President-elect William Ruto. With its 50.1% stake, the Government retains control of Kenya Power. Nyoro is now the largest individual shareholder in the power utility. [Photo/ Ndindi Nyoro]
BUSINESSMARKETS

Ndindi Nyoro Sparks Scramble for Kenya Power Shares

The disclosure of Kiharu MP Ndindi Nyoro's tripling of his shareholding in power utility Kenya Power as well as the anticipated policies of...

Safaricom Ethiopia earlier disclosed that it expects to switch on its network in 25 cities in Ethiopia by April next year.
BUSINESSMARKETS

Safaricom Ethiopia: IFC Splashes Ksh19.2B on Minority Stake

The International Finance Corporation (IFC) has announced plans to acquire a stake in Safaricom Ethiopia worth Ksh19.2 billion ($160 million). The IFC is...

Mobile Gaming in Kenya
SMART MONEY

The Rise of Mobile Gaming and What it Means for Gamers in Kenya

With the rise in popularity of mobile gaming, many gamers are now finding themselves playing on their mobile devices more often than on...

In 2019, he bought an additional 263,526 shares in Kakuzi raising his stake to 32 percent.
BUSINESSMARKETSSMART BUSINESS

John Kimani: Who is the Billionaire Snapping Up Centum Stocks?

John Kibunga Kimani is one of the largest individual investors at the Nairobi Securities  Exchange (NSE). He holds major stakes in many of...

SMART MONEY

3 Pros And 3 Cons Of Investing In Initial Coin Offerings

You may have recently observed the rising popularity of cryptocurrency. Compared to fiat currency, crypto is digital and decentralized. When one says that...

President Uhuru Kenyatta and DP William Ruto, now President-elect, pictured on a billboard outside Jubilee headquarters before their fall-out in 2018. [Photo/ Radio Africa Group]
BUSINESSELECTION WATCHREAL ESTATE

Jubilee HQ Goes Under Auctioneer’s Hammer

The building in Pangani, Nairobi that serves as the headquarters of the ruling Jubilee Party is set for auction. The property has been...

The board, however, did not recommend the payment of an interim dividend for the period. [Photo/ NMG]
BUSINESSMARKETS

Co-op Bank Half-Year Profit Surges 55% to Ksh11.5 Billion

Co-operative Bank on Thursday, August 25 published its results for the six months ended June 30. The bank saw its half-year net profit...

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