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Tullow gets Sh1.1bn to waive Kenya oil royalties

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... और पढ़ें


Banks help dollar MMFs unlock Eurobond returns

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... और पढ़ें


Safaricom's Ethiopia partners have right to buy back 2.8pc stake

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... और पढ़ें


Kenya eyes additional Sh65bn from Samurai bond

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... और पढ़ें


Investor compensation fund swells to Sh6.8bn

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... और पढ़ें


Vodacom, Absa target Sh21bn extra dividends in Kenya deals

Nairobi, July 9 -- More than Sh21 billion in extra dividends will be shipped to South Africa as Johannesburg-based multinationals buy additional stakes in Safaricom, Absa Bank Kenya and NCBA Group. S... और पढ़ें


Wealthy investors book Sh40bn gains on NSE rally

Nairobi, July 8 -- Wealthy investors in the stock market have booked Sh39.51 billion paper gains on their shares at the Nairobi Securities Exchange (NSE) in the past 12 months to Wednesday, cementing ... और पढ़ें


Lower fuel prices seen arresting interest rates jump

Nairobi, July 7 -- The upward pressure on interest rates is expected to ease after progress in peace negotiations between the US and Iran pulled oil prices to a four-month low, allaying fears of prolo... और पढ़ें


NSE posts 19pc dollar returns in half year

Nairobi, July 6 -- Dollar investors in blue chip stocks at the Nairobi Securities Exchange (NSE) earned a return of 18.8 percent in the first half of the year, nearly matching local currency returns a... और पढ़ें


Absa under pressure to diversify revenues

Nairobi, July 6 -- South Africa's multinational Absa Group is putting pressure on its Kenyan unit to raise more income from non-lending activities in order to reduce the impact of falling interest rat... और पढ़ें