Behind the NSE’s third Global ranking
NSE ranked as the third best performing market in the world climbing 16% since January
CBK Gives Bank of China Nod To Open Office in Kenya
Bank of China has been granted a license to open a representative office in the country by the Central Bank of Kenya. The bank is eyeing a full operation in east Africa. According to Reuters, foreign lenders have been…
CBK Could Maintain 18% CBR
Central Bank of Kenya‘s Monetary Policy Committee is set to meet this week in discussions that could see the fate of interest rates determined. The Central Bank Rate (CBR) however is bound to be maintained at 18% thwarting any hopes of lower lending rates by…
Understanding Sharia-Compliant Banking
Sharia compliant banking, what exactly does it entail?
Uchumi To Expand Branch Network
Uchumi sets course for expansion
Forex Trail – 2 July 2012
For the first time in five days the shilling strengthens against the dollar, if only in a small way.
Why We Value Experiences more than Material Things
A bad case of buyer's remorse, or just a little fun?
CCK Board Fails To Approve New MTR Rates
MTR rate not lowered as the CCK had promised
Guidelines on Insurance Claim Management
Claim management and insurance policies. How do the new guidelines affect you?
Stocks Watch – 3 June 2012
The NSE 20 Share Index yesterday gained 1.6% to close at its highest level this year, climbing 59.97 points to close at 3,763.91 points from last Friday’s 3,703.94 points. The All-Share Index gained 1.3% to closing at 81.80 points from 80.75 points at the close of trading last…
Closing Bell – 2 July 2012
Image source: FILE HIGHEST VOLUMES Safaricom today had the highest volume of shares traded with 7.46 million shares traded followed by Kenya Commercial Bank with 1.41 million shares traded. Diamond Trust Bank was the third most active counter, with 1.40 million shares traded…
The Truth About the Gadget
In line with switching off fake phones, CCK has launched a campaign dubbed pata ukweli wa mtambo (Get the truth about the gadget), an awareness campaign that is aimed at educating Kenyans on how to check if a phone is genuine or…
New CBK Guidelines To Come Into Effect August
The draft Prudential Guidelines and Risk Management Guidelines issued by the Central Bank of Kenya (CBK) for all applicants intending to be licensed to conduct banking, mortgage or financial business in Kenya primary stakeholders and the public for review and comments will come into effect in August.
Trend in Inflation Rate
The Central Bank of Kenya (CBK) monetary measures continue to show desirable results as inflation is on a continued decline. Inflation rates for June 2012, posted by Kenya National Bureau of statistics (KNBS), stand at 10.05 per cent, down from 12.22 per cent in May 2012, a clear…
IRA Issues New Insurance Guidelines
The Insurance Regulatory Authority (IRA) has this morning released three new sets of insurance guidelines that are aimed at enhancing efficiency and transparency in the insurance sector. The guidelines released include: Guidelines on market conduct for insurance investigators and motor assessors: These guidelines set the minimum…
1
