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<p>Non-performing loans in Kenya’s banking sector rose to close to 10 per cent in the second quarter of the year, as credit to key sectors such as trade, agriculture and real estate dropped.</p>


Non-performing loans in Kenya’s banking sector rise to 9.91% in Q2

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<p>Nigeria&#8217;s Central Bank, injected 250 million dollars into the country&#8217;s foreign exchange market. Meanwhile the Naira opened at 359.9 Naira to the dollar in the investor and exporter window.</p>


Nigeria’s CBK injects $250mln into market

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<p>The NSE all share index ended lower on Tuesday as the markets resumed from the festivities. This was driven strongly by losses in the oil and gas and industrial goods sectors despite the positive news on the economy.</p>


Nigeria’s market extends losses

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<p>Drought conditions cut Kenya&#8217;s tea production by 20 percent to 200.9 million kilograms in the first six months of this year compared with the prior year, data from the state-run agriculture and food authority showed on Tuesday.</p>


Drought conditions cut Kenya’s tea production by 20%

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<p>Mooody&#8217;s Investor Service says the prolonged political uncertainty in Kenya will hinder the development of policies to address the country&#8217;s main credit challenges, in particular the large fiscal deficit of 10 per cent of GDP.</p>


Political uncertainty dampen Kenya’s economic outlook

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<p>Access Bank CEO Herbert Wiggle says it would be counterproductive for banks to make impairment charges on loans given to the power sector as it is too important to Nigeria&#8217;s economy.</p>


How banks can help resolve Nigeria’s power problems

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<p>Data from Nigeria&#8217;s FMDQ OTC securities exchange has shown that the total turnover volume in the fixed income market fell by 1.1 billion naira at the end of July 2017 compared to a year ago.</p>


Turnover on Nigeria’s fixed income market falls by N1.1bn in July

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<p>Could Nigeria move out of the recession today? We will wait for the official figures to be released to find out. Niyi Falade, CEO, Crusader Sterling Pensions joins CNBC Africa to discuss this and other top business news.</p>


Nigeria await second-quarter GDP data

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<p>Kenya&#8217;s shares and dollar bonds plummeted on Friday while its shilling currency fell after the Supreme Court declared President Uhuru Kenyatta&#8217;s election win invalid. The stock exchange halted trading briefly midway through the session.</p>


Kenyan markets down after court declares election result invalid

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<p>Hutchings Biemer and A. Baumann were Thursday de-listed from the Nairobi Securities Exchange years after they were suspended from trading over non-compliance with rules. Elsewhere Inflation has increased to 8.04 per cent in August.</p>


Hutchings Biemer and A. Baumann delisted from Nairobi bourse

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<p>The Nigerian Stock Exchange ended in red for the last trading day of the week dragged down by the industrial goods sector. Philip Anegbe, Research Analyst at ARM joins CNBC Africa review the trading week and for an outlook for next week.</p>


Industrials stocks take a tumble, drag NSE into the red

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<p>A pension funds survey by Zamara shows the schemes on average raised equity holdings to 21.5 per cent at the end of June compared to 19.1 per cent in March, while cutting back their fixed income, offshore and property investments.</p>


Kenyan tension eases after opposition agrees seek legal resolution

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<p>Standard Chartered Bank Kenya has announced a 33 per cent drop in half-year profit before tax. Still on company results, fashion retailer Deacons East Africa has reported a 242.8 per cent increase in net loss over the same period.</p>


Stanchart Kenya reports drop in half-year profit

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<p>Ghana&#8217;s Finance Minister Ken Ofori-Atta has indicated that banks would be given up to a year to meet the new minimum capital requirement when the recapitalisation announcement is made.</p>


Ghana finance minister gives banks one-year ultimatum to recapitalise

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<p>Ahead of the Central Bank of Nigeria&#8217;s treasury bills auction today, Ebenezer Alasi, Fixed Income Analyst at Access Bank joins CNBC Africa for a review and update on the fixed income space.</p>


Investors await CBN T-Bill auction

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<p>How will the 4th Industrial Revolution mean for cities? And what does this mean for business and government planners who have to accommodate self-driving cars, automation and additive manufacturing. Mal Fletcher, Futurist joins CNBC Africa for more.</p>


What does the fourth industrial revolution mean for cities?

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<p>NIPCO PLC acquired an additional 3.23 per cent stake in 11 plc to increases it stake in the company to 70 per cent. This has spurred renewed interest in the oil and gas sub-index, which was the worst performing sector last week.</p>


analysis

Non-performing loans in Kenya’s banking sector rise to 9.91% in Q2

Nigeria’s CBK injects $250mln into market

Nigeria’s market extends losses

Drought conditions cut Kenya’s tea production by 20%

Political uncertainty dampen Kenya’s economic outlook

How banks can help resolve Nigeria’s power problems

Turnover on Nigeria’s fixed income market falls by N1.1bn in July

Nigeria await second-quarter GDP data

Kenyan markets down after court declares election result invalid

Hutchings Biemer and A. Baumann delisted from Nairobi bourse

Industrials stocks take a tumble, drag NSE into the red

Kenyan tension eases after opposition agrees seek legal resolution

Stanchart Kenya reports drop in half-year profit

Ghana finance minister gives banks one-year ultimatum to recapitalise

Investors await CBN T-Bill auction

What does the fourth industrial revolution mean for cities?

How will Nigeria’s markets fare this week?

News Tips

Advertise With Us

analysis

Non-performing loans in Kenya’s banking sector rise to 9.91% in Q2

Nigeria’s CBK injects $250mln into market

Nigeria’s market extends losses

Drought conditions cut Kenya’s tea production by 20%

Political uncertainty dampen Kenya’s economic outlook

How banks can help resolve Nigeria’s power problems

Turnover on Nigeria’s fixed income market falls by N1.1bn in July

Nigeria await second-quarter GDP data

Kenyan markets down after court declares election result invalid

Hutchings Biemer and A. Baumann delisted from Nairobi bourse

Industrials stocks take a tumble, drag NSE into the red

Kenyan tension eases after opposition agrees seek legal resolution

Stanchart Kenya reports drop in half-year profit

Ghana finance minister gives banks one-year ultimatum to recapitalise

Investors await CBN T-Bill auction

What does the fourth industrial revolution mean for cities?

How will Nigeria’s markets fare this week?

News Tips

Advertise With Us

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