The Nairobi Securities Exchange(NSE) lost Sh610 billion in investor wealth in the quarter that ended December 2022 as investors sought safer investments following a bearish run...
The number of retail investors participating in Unit Trusts has risen significantly over the past decade driven mainly by the use of technology that has seen...
Bank bad loans grew for the first time in four months in October last year underlining the effects of the economic slowdown on businesses. Fresh data...
Civil servants are set to receive a pay rise after the Salaries and Remuneration Commission (SRC) adjusted their housing allowances. According to the new rates, Nairobi-based...
Farmers will start receiving their payment directly in the next three months as the government deepens new regulations aimed at reorganising the Nairobi Coffee Exchange (NCE)....
Creditors of the collapsed ARM Cement will hold a virtual meeting to discuss liquidation process for last year. In a letter to creditors, the liquidator said...
Centum Investment Company has terminated its plans to sell its majority stake in Sidian bank to Nigeria’s Access Bank PLC following a lapse of time in...
At least Sh14 billion has been borrowed from Hustler Fund in just one month, an average of close to Sh400 million per day, rivalling Safaricom’s overdraft...
High claims in the insurance industry continued to pile pressure on insurers in the country, despite an improving business environment in the post-pandemic era. Latest data...
Nairobi Securities Exchange (NSE) shed about Sh10 billion in the first week of trading in 2023, continuing the woes of massive net selling by foreign investors...