Nairobi, July 20 -- Shares of insurance firm Britam have jumped to an 11-year high of Sh19.95 in the wake of a rally this month on investors' expectations that the company will resume paying dividends... Read More
Nairobi, July 20 -- Dealmaker Belgrad Kenne has been revealed as the majority owner of the investment firm that recently acquired a controlling 60 percent stake in fund manager Nabo Capital from Centu... Read More
Nairobi, July 19 -- The interest rate on the one-year Treasury bill has climbed above nine percent for the first time in five months on fears of higher inflation after the US and Iran renewed hostilit... Read More
Nairobi, July 19 -- Safaricom and its South African parent Vodacom Group have made a profit from operations on their M-Pesa Africa joint venture for the first time as the platform hit 60 million users... Read More
Nairobi, July 19 -- British multinational George Williamson & Co earned Sh582.6 million from its local units Williamson Tea Kenya and Kapchorua Tea in the year to March 2026 in royalties and dividends... Read More
Nairobi, July 16 -- Kenya's Gulf Energy will pay Tullow Oil $9 million (Sh1.16 billion) for the British firm to give up rights to future royalties of $0.5 (Sh65) per barrel and repurchase of shares in... Read More
Nairobi, July 15 -- Dollar-denominated money market funds (MMFs) are putting investors' cash into African and global Eurobonds through special debt securities structured by multinational banks, sidest... Read More
Nairobi, July 14 -- Safaricom has disclosed that its co-investors in its Ethiopia subsidiary retain the right to buy back the 2.78 percent stake they lost when it made an equity investment in the unit... Read More
Nairobi, July 13 -- Kenya is eyeing an additional Sh64.6 billion from a Japan-backed Samurai bond in the current financial year, as the government looks to broaden its sources of credit offered on ter... Read More
Nairobi, July 12 -- The capital markets Investor Compensation Fund (ICF) grew by Sh1 billion to Sh6.84 billion in the year to June 2025, on higher income from government securities and transaction fee... Read More