MARKETS
Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.
Cost of Living Set to Fall as Lower Taxes Become Effective
The new tax law, signed at State House Nairobi on 25th April, changes several statutes lowering various taxes.
Paxful in Partnership to Provide Free Blockchain Course in Africa
With rolling admission, anyone interested in learning about emerging technologies like the Blockchain can apply to learn free of charge.
Mwananchi Credit Defies COVID-19 Crisis to Keep Lending
Credit providers have tightened terms and conditions to lockout borrowers perceived to be high-risk, while others have suspended lending.
NSE Extends Suspension of Two Listed Firms
Suspension of trading in Mumias Sugar and Deacons would remain in force, an indication that they are yet to sort their financial woes.
Jeff Koinange Set to Be Auctioned Over Mounting Debt
A notice published in the newspapers on 6th April 2020 says his two four-bedroom villas have been put up for auction over loan he owes a bank.
NSE Claws Back After Panic Exit of Foreign Investors
A market analysis for Quarter shows foreigners pulled out Ksh9.1 billion in March when the Coronavirus pandemic hit most countries.
CMA Relaxes Rules to Keep Deals Pipeline Flowing at the NSE
Focus has been on operational resilience of infrastructure, operational capability of market intermediaries and continued flow of information.
Standard Group Swings Back into Loss Making
Turnover dropped 14% to at Ksh4.1 billion in 2019 compared to Ksh4.8 billion in 2018 due to a decline in performance across key brands.