Wesley Manambo News Today

East African bourses have been plummeting on the back foreign investor flight over the past year.

The price of gold exchange-traded funds at NSE has jumped to a new historical high of Sh2,840.

Thursday, October 5, 2023 - Nairobi Stock Exchange commonly known as NSE has been ranked among the worst-performing stock exchanges in the world, thanks to President William Ruto's clueless economic policies. According to Bloomberg, NSE began its decline immediately after President William Ruto took the reign of power and it is declining at a faster…

Top commercial banks made 41 percent of their total revenues from non-interest funding streams in the opening three months of the year to March.

Kenyan Eurobond yields have eased significantly since peaking earlier this month.

Banks have this year intensified competition for cash by raising the average fixed deposit rate to a 52-month high of 7.54 percent by end of February.

Businesses remain between a rock and a hard place as protests called by former Prime Minister Raila Odinga enter the second week.

Safaricom’s stock fell 7.1 percent on Wednesday, helping to drive down the total value of listed shares.

Food processor Unga Group’s share price has fallen to a nine-year low of Sh21.85.

Fund managers and large institutions holding bank deposits are set for better returns after the lenders raised payout for customer deposits in fixed accounts to a 30-month high.