Today the Kenya Shilling has strengthened for a third consecutive day against the US Dollar, as the MPC is set to meet tomorrow to review key monetary policy affecting the local currency. The Kenya Shilling is today exchanging at KES 84.03 against the US Dollar improving…
The Monetary Policy committee will tomorrow have their monthly meeting where they decide how to deal with serious matters such as the the Central Bank rate, which is basically, the rate at which the central bank loans money to banks, and which should dictate the rate at which…
Africa Oil Corporation has announced that it has found additional Oil in Turkana region, near the well where Tullow Oil struck Oil in March this year. In a statement released by the company Chief Executive and president Keith Hill today,…
Migration from analogue TV signals to digital signals in the country has opened up businesses for many investors and still attracting new entrants in the market. Barely a month after Chinese Digital TV distributor StarTimes Media launched its services in the country, American firm…
In today’s trading at the NSE, we will be observing the following counters: Athi River Mining – The cement manufacturer has made an agreement with Aldwych International, a power projects company, to install a coal-fired electricity power plant to improve gross margins and earn additional revenue streams through…
Plans to increase water bills for Nairobi residents have been shelved pending a tariff study that would establish the rationale for the review. Increase in water bills was expected to take effect this month and would have affected Nairobi residents but Nairobi City Water…