MARKETS

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

2186 Articles
NSE
MARKETSSTOCKS

Flame Tree, Safaricom Stocks Plunge as NSE 20 Share Inches Up

Market indices at the Nairobi Securities Exchange (NSE) recorded mixed results at the closing bell on September 3, with the counters of Flame...

A section of Migaa houses by Home Afrika. Kenya’s prime housing sector is crumbling as the economy slows down creating fears of a recession. www.businesstoday.co.ke
REAL ESTATE

New mall owners counting losses as Kenya’s economy slows down

While the government is painting a rosy picture of how well the economy is doing, the reality on the ground is different with...

A borrower receives a micro loan from Tala, a dominant digital lender in Kenya. Loan sharking tendencies by some mobile lenders are becoming a deterrent to people who would be interested in taking credit. www.businesstoday.co.ke
SMART MONEY

5 Ways to Pay Off Mobile Loans Quickly

Living in a country where unsecured loans are dished out by mobile money apps, it is easy to find yourself with huge debt. If...

An M-Pesa transaction in progress. Super profits that Safaricom makes come from a majority of Kenyans who are either living under the poverty line or those slightly above it. www.businesstoday.co.ke
SMART MONEY

Mobile Money’s Real Cost of Convenience Making You Broke

Safaricom is the blue-eyed boy of the telco world in sub-Saharan Africa since it has continued to grow in leaps and bounds raking...

Kenyan companies have rushed to declare half year financials so as to beat the deadline. www.businesstoday.co.ke
MARKETS

Kenyan Companies Rush to Report Half Year Financials

Kenyans, the saying goes, are last minute citizens, waiting until the eleventh hour to begin doing what is required of them. It is...

The Central Bank of Kenya has approved the acquisition of 100% shareholding in National Bank of Kenya by KCB Group. www.businesstoday.co.ke
MARKETS

KCB Takeover of NBK Enters Final Stretch

Kenya Commercial Bank (KCB) will waive the option to have National Bank of Kenya (NBK) delisted from the Nairobi bourse even as a...

SMART MONEY

Kenyans Transfer Sh25bn From Mattresses to Banks as Deadline Nears for Old Notes

With just one month before the old Ksh 1,000 become valueless, the Central Bank of Kenya says Ksh 25 billion were returned to...

ivan mbowa Tala Kenya manager www.businesstoday.co.ke
SMART MONEY

Tala Secures Sh11bn Funding to Roll Out New Products

Tala, the digital finance app provider, has announced a $110 million (Ksh11 billion) series D funding to accelerate financial inclusion around the world. The new round of investment...

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