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<p>Kenya Airways has created a special purpose vehicle dubbed KQ Lenders Company Limited, through which eleven commercial banks will convert debt owed by the airline into shareholding.</p>


Understanding Kenya Airways’ capital optimisation plan

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<p>Kenyan companies will not need to cross-list in order to sell their shares in other countries. Elsewhere, short –term government treasuries were under-subscribed in Thursday&#8217;s auction.</p>


Kenyan firms to sell shares in region without having to cross list

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<p>Kenya&#8217;s foreign exchange reserves dipped to a three-month low of $7.92 billion as government payments and rise in food imports continue to put pressure on the shilling.</p>


Kenya’s forex reserves drop to 3-month low

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<p>Equity Group&#8217;s mobile money and banking platform, Equitel transacted Ksh271.8 billion in the first quarter of 2017, becoming the closest competitor of Safaricom&#8217;s M-Pesa which transacted Ksh890.7 billion in the same period.</p>


Kenyan shilling weakens to six-month low

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<p>The Salaries and Remuneration Commission of Kenya has unveiled a new pay regime that slashes monthly salaries and allowances of top state officers as the government moves to trim the public wage bill.</p>


Kenya moves to reduce the public wage bill

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<p>Bond investors have supported the stable performance of the shilling against the dollar in Wednesday trading, holding up at 103.60/80 units to the greenback.</p>


Kenya’s private-sector activity drops in June

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<p>The International Monetary Fund is raising a red flag over inadequate regulation of Islamic banking in Kenya. Elsewhere, the Kenyan shilling has weakened by 1.22 per cent against the dollar since the year began.</p>


IMF concerned about Islamic banking regulation in Kenya

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<p>The Capital Markets Authority of Kenya collected Ksh784 000 in financial penalties from non-compliant listed companies and listed intermediaries in 2016, but notes that compliance has improved.</p>


Capital Markets Authority cracks whip on non-compliant firms

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<p>The Capital Markets Authority says that it is not aware of any planned acquisition of the National Bank of Kenya by the KCB Group.</p>


Capital Markets Authority oblivious to National Bank takeover plan

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<p>France&#8217;s third-largest bank by assets, Societe Generale, and Mauritius-based SBM Holdings are the front-runners to acquire troubled Chase Bank and its subsidiary, Rafiki Microfinance, the Business Daily can now reveal.</p>


Nairobi 20 Share Index

Understanding Kenya Airways’ capital optimisation plan

Kenyan firms to sell shares in region without having to cross list

Kenya’s forex reserves drop to 3-month low

Kenyan shilling weakens to six-month low

Kenya moves to reduce the public wage bill

Kenya’s private-sector activity drops in June

IMF concerned about Islamic banking regulation in Kenya

Capital Markets Authority cracks whip on non-compliant firms

Capital Markets Authority oblivious to National Bank takeover plan

Societe Generale, SBM Holdings front-runners to acquire Chase Bank

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Nairobi 20 Share Index

Understanding Kenya Airways’ capital optimisation plan

Kenyan firms to sell shares in region without having to cross list

Kenya’s forex reserves drop to 3-month low

Kenyan shilling weakens to six-month low

Kenya moves to reduce the public wage bill

Kenya’s private-sector activity drops in June

IMF concerned about Islamic banking regulation in Kenya

Capital Markets Authority cracks whip on non-compliant firms

Capital Markets Authority oblivious to National Bank takeover plan

Societe Generale, SBM Holdings front-runners to acquire Chase Bank

News Tips

Advertise With Us

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