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America's rate hike threat pushes NSE to 6-year low

Investor wealth at Nairobi Securities Exchange (NSE) on Monday plunged to a six-year low. ....

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Counties salary budget now at 43pc of revenues

Counties spent 43 per cent of their revenues in 2020/2021 on wages, operations and other personal emoluments, making it another year they breached the set ceiling.
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Safaricom shares surges after securing mobile money license in Ethiopia

Shares of Kenyan telecommunications operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia. Ethiopia’s finance minister, Ahmed Shide, said on Thursday his country had given Safaricom the licence in one of Africa’s largest telecoms markets as the company formally switched on… ....

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Capital markets watchdog blows whistle on foreign equity outflows at Nairobi bourse

To mitigate the risk of net foreign outflows, CMA launched a campaign to improve domestic participation and investment among Kenyans. ....

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NSE suffers biggest daily loss since May

Investors on the NSE Wednesday lost about Sh54 billion in paper wealth, the biggest single-day decline in four months. ....

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