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CBK cuts projection of diaspora remittances by Sh40bn

Nairobi, April 12 -- The Central Bank of Kenya (CBK) has cut its projection of diaspora remittances for 2026 by Sh40 billion ($313 million) on expectations of lower inflows from the Middle East due to... Read More


Uneasy US-Iran truce adds Nairobi bourse Sh101bn

Nairobi, April 9 -- Kenya's stock market has added Sh101.8 billion in investor wealth in the last two days after investor sentiment towards equities improved on news of a tentative ceasefire in the Ir... Read More


Central bank to test market's appetite with first 30-year paper in over a decade

Nairobi, April 8 -- The central bank is set to test the market's appetite for long term bonds with the first 30-year paper since 2011, hoping to set a new benchmark rate for long-term domestic debt th... Read More


Top banks record Sh50bn gains on rising bond prices

Nairobi, April 6 -- Kenya's top-listed banks recorded Sh50 billion in paper gains from government bond holdings in 2025, building on the valuation increases seen in 2024 as prices of the papers contin... Read More


NMG new majority owner pledges to uphold journalistic standards

Tanzania, March 12 -- Nation Media Group's new majority owner, businessman Rostam Azizi, has pledged to uphold the journalistic standards and editorial traditions that have built the legacy of public ... Read More


NMG share gains 28.3pc in two days after stake sale news

Tanzania, March 12 -- The Nation Media Group (NMG) share has gained 28.3 percent in two trading days following the Tuesday announcement that Tanzanian businessman Rostam Azizi is acquiring a majority ... Read More