MARKETS
Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.
Apartments maintain popularity as property market struggles in Q1 2019
Apartments maintained dominance in the housing market accounting for 62.6% of the total units sold between January and March 2019 down from 76.3% of...
Credit constraints push house prices to five-year low
The rate of growth in house prices went down by 2.78% during the first Quarter of 2019, in what also marked the third decline...
NSE weekly turnover falls to Ksh2.5 billion
Week on week turnover at the Nairobi Securities Exchange (NSE) declined by around Ksh700 million in the week ended May 24 as against the...
Investors lose millions as housing project collapses
Kenyans are counting losses amounting to millions of shillings after their investment in Suraya Property Group projects collapsed.
According to one investment who had put...
KCB signs up for mortgage refinancing firm
KCB Bank Kenya has formally signed up for the Kenya Mortgage Refinance Company (KMRC), a non-deposit taking entity meant to drive affordable mortgages in...
NSE May 23: Mumias Sugar sweetens stock, opens +10%
As trading opened at the Nairobi Securities Exchange on May 23, Mumias Sugar sweetened its stock , temporarily shooting 10% as against the previous...
NSE May 22: NIC Group stock opens 6.9% lower as KQ jumps to Sh3.55
The share price of NIC Group opened at Ksh29 which was 6.9% lower than the previous trading session at the Nairobi Securities Exchange.
Around 45...
Priceless gifts of filing tax returns early
The annual tax returns filing for the 2018 income year is already underway. Contrary to popular notion that the exercise takes place in the...