MARKETS
Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.
Dividend Prospects Fuel Action on Kenya Re Counter
Kenya Reinsurance Corporation was the prime on Thursday at the Nairobi Securities Exchange, with a volume of 3.49 million shares changing hands. With...
BT Correspondent1 Mins read
Jubilee Insurance Deal With Allianz Triggers Investor Interest
The sale of a majority stake in Jubilee Insurance's general business to Allianz SE, a German multinational, aroused investor interest in the firm's...
BT Correspondent1 Mins read
CBK, Confident With Previous Cuts, Retains Signal Rate at 7%
The Central Bank of Kenya has maintained its key interest rate for the fourth straight time, explaining that recent policy measures are having...
LUKE MULUNDA3 Mins read
Banks Restructure Sh1.12trn Worth of Loans in Six Months
Kenyan banks restructured Ksh1.12 trillion between March 18 and the end of August equivalent to 38 percent of the total banking sector loan...
Samuel Gitonga2 Mins read
Foreign Investors Exhibit Unusual Taste in Picking Value Stocks
State-owned electricity distributor Kenya Power & Lighting Company Limited was the prime mover at the Nairobi Securities Exchange(NSE) today, trading a volume of...
BT Reporter1 Mins read
Investment Sector That Defies Economic Slowdown, Including Covid-19
Kenya is inching its way towards economic recovery in all sectors, after the COVID-19 crisis that almost brought the country to a standstill....
KANYIRI DUNCAN2 Mins read
Loans Company Spreads Wings to Kisumu
Mwananchi Credit, the secured loans provider, has opened a branch in Kisumu County, seeking to tap the western Kenya market. The newest branch...
BT Correspondent2 Mins read
Payout to EABL Noteholders Excites Bonds Market
Payment of interest to holders of East African Breweries Limited (EABL) notes, today, aroused activity in the secondary bonds market at the Nairobi...
BT Correspondent1 Mins read
