Gainers Price (KES) Change (%) KenGen Limited 8.40 5.00 Bamburi Cement Limited 150.00 2.74 AccessKenya Group 4.75 2.15 The Co-operative Bank of Kenya 13.80 1.85 British American Tobacco Kenya Limited 325.00 1.5 Losers Price (KES) Change (%) Total Kenya Limited 15.20 7.88 Housing Finance Company Limited 14.50 2.36 Sameer Africa…

According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, increased to 19.31% up from 15.41% the previous week. This is attributed to tight liquidity due to tax payments being made by corporations. To understand how this affects…

The Central Bank of Kenya last week had two sales, one for 91-day treasury bills and the other for 182-day treasury bills. The 182-day treasury bills on offer amounted to KES 2 billion shillings and the CBK received 125 bids (122 bids accepted) amounting to KES 2.74 billion,…

Willimason Tea have appointed a new director to the board

The shares to watch today include: Kenya Airways: The Kenya Airways rights issue closed on Friday last week and it would be worthwhile to observe how the share performs in the aftermath of the issue. Crown Berger: last week the share was consistently one of the highest gainers. It will…

A recap of last week's forex movements, highlighting how the kenya shilling closed on Friday.

Was April an economically friendly month for you? Well, we are set to find out, any time today, when Kenya National Bureau of Statistics (KNBS) announces April’s Consumer Price Index (CPI). Inflation rate currently stands at 15.61% down from 16.69% in February.

The Central Bank of Kenya releases a weekly bulletin every Friday. This bulletin is more of a digest as it contains quite a bit of information on the performance of the money market over the week. However it is important to know exactly what to look out for in the…

For all investors the performance of a company’s share is a pretty good indication of whether it is worthwhile to purchase stock in the company. Usually, if the price of a share has been falling consistently shareholders will sell their shares while a share whose price is soaring will be…

The traditional low saving culture among Kenyans could be headed for the dead. The revelation follows a new trend by banks and insurance firms in promoting saving culture at earlier stages of life. Jubilee Insurance and Barclays Bank have announced initiatives targeting children and college going students in nurturing a…