MARKETS

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

2185 Articles
Homeboyz Entertainment Managing Director Mike Rabar. The firm on March 9, 2021 issued a profit warning for the financial year ended December 31, 2020. (Photo: Business Daily)
BUSINESSFEATURED ARTICLEMARKETSMEDIASTOCKS

Homeboyz Issues Profit Warning 3 Months After NSE Listing

Homeboyz Entertainment Plc on Tuesday, March 9 issued a profit warning, less than three months after its December 2020 listing on the Growth...

Kenyans Investing in the USA real estate market
REAL ESTATE

Kenyans Investing in Real Estate in The USA

Often, Kenyans in the USA typically invest their earnings back home. However, there is a new trend where a growing number of Kenyans...

Affordable plots in Nairobi and Ruai
REAL ESTATE

How Real Estate Firms Are Readjusting Post Covid-19

As soon as the novel coronavirus disease struck in early 2020, reality checked in and everything changed, but not for good. Each and...

A gate at the Lang'ata Women's Prison. Interior CS has proposed that prisons in Nairobi be moved to other towns.
CITY DIARYECONOMYREAL ESTATE

Free Up Prime Land by Moving Prisons Out of Nairobi – Matiang’i

Interior Cabinet Secretary Fred Matiang'i has proposed the moving of key prisons in the Nairobi Metropolitan Area out of the city - including...

Team members look on as a Mobius II rolls off the ramp at the firm’s new factory in Narobi during a launch ceremony in January 2021. The firm secured court protection after KRA slapped it with a Ksh73 million tax bill.
BUSINESSECONOMYMARKETS

KRA Tax Bill Threatens to Kill Mobius Motors’ African Dream

Mobius Motors, the Kenyan car manufacturer famous for its made in Africa, for Africa SUVs, sought court protection as tax demands from the Kenya...

BUSINESSECONOMYMARKETS

CitiBank Announces Ksh300 Million Facility for 25,000 Women-Owned Businesses

On Friday 6th April 2021, CitiBank announced the Supply Chain Finance Programme supporting women-owned Small and Medium Enterprises (SMEs) in partnership with 4G...

A Stanbic Bank branch in Kenya.
BUSINESSECONOMYMARKETS

Stanbic Braves Covid-19 Storm to Record Ksh5.2B Profit for 2020

Stanbic Holdings Plc braved a difficult operating environment in 2020 to record a profit after tax of Ksh5.2 billion, down from Ksh6.4 billion...

Nation Media Group (NMG) and NBA headquarters
BUSINESSMARKETSMEDIASPORTS

NTV Dunks on Rivals With Exclusive NBA Broadcast Rights Deal

Kenyans will enjoy NBA games on NTV following the signing of a multi-year partnership between the premier basketball league and Nation Media Group...

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