MARKETS

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

2185 Articles
Allianz acquires Jubilee Insurance
BUSINESSMARKETS

Jubilee Insurance Set To Change Name After Acquisition By Allianz

Jubilee Insurance: Allianz, one of the world’s leading insurers and asset managers, has become the majority shareholder in Jubilee General Insurance Limited in...

KAKUZI PLC CHAIRMAN Nicholas Nganga
BUSINESSMARKETS

Kakuzi Sweetens Dividend Payout Despite Sh400 Million Investment

Dividend Payout: Integrated agro-business firm Kakuzi PLC says it will strengthen its avocado smallholder base as part of a shared prosperity business plan....

Transcentury financial results
BUSINESSMARKETS

Stuck In Deep Loss, Transcentury Takes Rights Issue Route

Transcentury financial results: Listed investment company, Transcentury Group, plans to raise more capital through a rights issue. The rights issue will be discussed...

Shares to buy on the NSE
STOCKS

Analysts Place BUY Recommendation On These 4 NSE Shares

NSE Shares To Buy: The Nairobi Securities Exchange has lately been cold, thanks to a drought of IPOs and the exit of thousands...

The rise in dogecoin culminated in the asset hitting a new all-time high of $0.73. Notably, the interest was also sparked by celebrities. [Photo/Cnet]
BUSINESSCRYPTOCURRENCY

Interest in Dogecoin Spikes by 3,000% in 2021 Led by the US and Turkey

Data acquired by cryptocurrency trading simulator Crypto Parrot indicates that the global interest in dogecoin had surged by 3,233% between January and May 9, 2021,...

A section of the Thika Superhighway. Kenya Commercial Bank (KCB) owns a 153.17-acre piece of land in Juja along the highway. [Photo/Kenya Auto Bazaar]
BUSINESSREAL ESTATE

KCB Plots Ksh6B Thika Road Housing Venture

Kenya Commercial Bank  (KCB) is seeking out partners to undertake the construction of  5,786 residential homes and commercial buildings on its prime land...

Inside a penthouse at Gem Riverside Apartments. The Ethics and Anti-Corruption Commission (EACC) wants the properties seized claiming construction was funded by the proceeds of corruption. [Photo/ Gem Riverside]
BUSINESSREAL ESTATE

Kidero’s Ksh540K-Per-Month Apartments Eyed for Seizure

The Ethics and Anti-Corruption Commission (EACC) has uncovered a paper trail it hopes to use to seize properties belonging to former Nairobi Governor...

Ethereum Mining
CRYPTOCURRENCY

Bybit to Launch Cloud To Democratize Ethereum Mining

Ethereum Mining: Crypto currency exchange Bybit will in May 2021 launch Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access...

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