Nairobi, March 5 -- African Logistics Properties (ALP) dollar-denominated warehouse property fund has raised Sh3.81 billion ($29.5 million) following the close of a restricted offer, narrowly missing ... Read More
Nairobi, March 5 -- The Business Daily spoke to Kenne Belgrade, the team leader at Faida Investment Bank-the lead transaction advisor for Kenya Pipeline Company (KPC) initial public offer (IPO) whose ... Read More
Nairobi, March 4 -- The Kenya Pipeline Company's initial public offer (IPO) has received a 105.7 percent subscription⁠rate, offering the State the targeted Sh106 billion on support from Uganda a... Read More
Nairobi, March 4 -- Foreigners, local retail investors and oil marketers shied away from the oversubscribed Kenya Pipeline Company (KPC) initial public offering (IPO) that was saved by Uganda and loca... Read More
Nairobi, March 3 -- The stock of outstanding Kenyan Eurobonds has grown by Sh236 billion after the country's latest issuance, revealing growing liabilities from sovereign bonds even as the National Tr... Read More
Nairobi, March 2 -- The cost of shares trading is set to rise marginally following a new proposal that lifts the Central Depository and Settlement Corporation (CDSC) transaction levy, negating the que... Read More
Nairobi, March 1 -- Fund managers face up to Sh339 million in annual regulatory fees as the Capital Markets Authority (CMA) raises the licensing requirements for players in the industry. The Capital ... Read More
Nairobi, Feb. 24 -- Kenya has given Uganda the right to veto future hiring and firing of the Kenya Pipeline Company (KPC) CEO as part of an agreement reached last week for Kampala to buy over Sh20 bil... Read More
Nairobi, Feb. 23 -- Monthly data on mobile-money transactions, electricity, and vehicle production reflect Kenya's economic output more accurately, a team of researchers at the International Monetary ... Read More
Nairobi, Feb. 22 -- Commercial banks advanced Sh228.2 billion new loans to businesses and households in 2025 as falling interest rates raised demand for credit in the economy. Data from the Central B... Read More