Nairobi, Aug. 25 -- Kenya is unable to meet its fiscal consolidation targets because of cash demands by education and security sectors, which were allocated Sh1.35 trillion in this year's budget, Pres... Read More
Nairobi, Aug. 20 -- Bond prices in the secondary market at the Nairobi bourse have come down compared to a year ago as interest rates rise in the wake of the war in Iran, cutting the profits for those... Read More
Nairobi, Aug. 19 -- Car & General's share has hit a ten-fold increase over the last 12 months, making the stock the latest to benefit from outsized gains driven by speculative retail investors. The r... Read More
Nairobi, Aug. 18 -- Shareholders of companies listed on the Nairobi Securities Exchange (NSE) will bank Sh74.95 billion from dividends in the weeks to October, reaping from a surge in share prices. T... Read More
Nairobi, Aug. 17 -- The National Social Security Fund (NSSF) has revived plans to develop its 1,000-acre land in Mavoko, Machakos County into a mixed use city. The state-controlled pension fund in Ju... Read More
Nairobi, Aug. 17 -- The National Treasury will now issue switch bonds monthly, giving holders of maturing securities a regular opportunity to reinvest their money in longer, more lucrative papers. Pr... Read More
Nairobi, Aug. 16 -- The Treasury expects Kenya's budget deficit to grow by Sh143 billion to Sh1.288 trillion, driven by higher interest payments on domestic debt and potential tax cuts in the run-up t... Read More
Nairobi, Aug. 14 -- The National Treasury expects Kenya's budget deficit to widen by Sh143 billion to Sh1.288 trillion, driven by higher interest payments on domestic debt and potential tax cuts in th... Read More
Nairobi, Aug. 13 -- Investors splashed a record Sh460.4 billion for the purchase of three infrastructure bond (IFB) bonds, underlining the abundance of cash in an economy that is seeking passive inves... Read More
Nairobi, Aug. 13 -- Investors splashed a record Sh460.4 billion for the purchase of three infrastructure bond (IFB) bonds, underlining the abundance of cash in an economy that is seeking passive inves... Read More