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<p>Kenya&#8217;s economy grew more slowly in the second quarter of this year compared with the same period in 2016 due to a weaker performance in agriculture, manufacturing and financial services.</p>


Kenyan economy grows at slower pace in Q2

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<p>SGB Securities has launched a mobile platform for trading at the Nairobi securities exchange. The platform dubbed M-shares operated on a USSD code will allow investors to directly buy and sell shares on the exchange whilst accusing real market data.</p>


SBG Securities launches mobile platform for NSE trading

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<p>Tuskys owner has opposed the proposed merger with troubled retail giant Nakumatt, Yusuf Mugweru one of the seven siblings who own Tuskys limited say he was not consulted regarding a proposed merger with Nakumatt.</p>


Tuskys oppose merger with troubled retail giant Nakumatt

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<p>Kenya&#8217;s central bank invited bids on Tuesday for two-year and 10-year treasury bonds worth 13 billion shillings ($126 million) in a tap sale. According to the bank, the two-year bond will have an average yield rate and coupon of 11.619 per cent.</p>


CBK extends sale of two-year and 10-year Treasury bonds

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<p>Investment firm Cytonn&#8217;s plans to list on the NSE&#8217;s Growth and Enterprise Market Segment (GEMS) has raised hopes of an end to the depressing trend that has seen only one firm join the stock market in the last 15 months.</p>


Cytonn plans to list on NSE’s Gems counter

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<p>The Central Bank of Kenya has played down the impact of the ongoing political noise on the growth of the economy, contradicting economists who have projected the growth to fall below five per cent for the year.</p>


Central Bank of Kenya bullish on economic growth

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<p>Kenya&#8217;s inflation is likely to remain above the upper limit of the government&#8217;s target this year on lingering effects of the higher food costs, analysts have projected.</p>


Food prices to keep Kenya’s inflation above central bank target

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<p>Supranational trade finance bank, African Export-Import Bank has opened its shareholding to the public through the issuance of depository receipts. Afrexim is launching a $300 million dollars equity offering using depository receipts.</p>


Afreximbank opens shareholding to private Investors

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<p>The mobile phone based M-akiba bond suffered a slow start this fiscal year falling short of treasury&#8217;s plan to raise Sh4.9 billion through the bond. M-Akiba has less than a billion shillings sold so far.</p>


M-akiba bond suffers slow start

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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>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>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>The amount of shares traded on the Nairobi Securities Exchange on Wednesday dropped to 7.7 million from 10.3 million traded on Monday. However, most indices including NSE 20 share index and all share index recorded positive gains.</p>


Kenya’s post-election business environment

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<p>The monetary policy committee of the central bank of Kenya voted to keep its key lending rate at 10 per cent as inflation slowed down. The MPC noted it was observing global and domestic economy in order to anchor inflationary pressures.</p>


CBK retains key lending rate at 10%

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<p>Kenya&#8217;s foreign exchange reserves have dipped by Ksh16bn driven by Central Bank efforts to control shilling depreciation and government payments. Elsewhere, Fitch Ratings has affirmed listed lender, Stanbic Bank Kenya at BB- with a negative outlook.</p>


Nairobi equities market

Kenyan economy grows at slower pace in Q2

SBG Securities launches mobile platform for NSE trading

Tuskys oppose merger with troubled retail giant Nakumatt

CBK extends sale of two-year and 10-year Treasury bonds

Cytonn plans to list on NSE’s Gems counter

Central Bank of Kenya bullish on economic growth

Food prices to keep Kenya’s inflation above central bank target

Afreximbank opens shareholding to private Investors

M-akiba bond suffers slow start

Drought conditions cut Kenya’s tea production by 20%

Kenyan markets down after court declares election result invalid

Hutchings Biemer and A. Baumann delisted from Nairobi bourse

Kenyan tension eases after opposition agrees seek legal resolution

Kenya’s post-election business environment

CBK retains key lending rate at 10%

Kenya’s foreign exchange reserves dip by Ksh16bn

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Advertise With Us

Nairobi equities market

Kenyan economy grows at slower pace in Q2

SBG Securities launches mobile platform for NSE trading

Tuskys oppose merger with troubled retail giant Nakumatt

CBK extends sale of two-year and 10-year Treasury bonds

Cytonn plans to list on NSE’s Gems counter

Central Bank of Kenya bullish on economic growth

Food prices to keep Kenya’s inflation above central bank target

Afreximbank opens shareholding to private Investors

M-akiba bond suffers slow start

Drought conditions cut Kenya’s tea production by 20%

Kenyan markets down after court declares election result invalid

Hutchings Biemer and A. Baumann delisted from Nairobi bourse

Kenyan tension eases after opposition agrees seek legal resolution

Kenya’s post-election business environment

CBK retains key lending rate at 10%

Kenya’s foreign exchange reserves dip by Ksh16bn

News Tips

Advertise With Us

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