American Express And Equity Bank To Launch The First American Express Cards In Kenya Today Today from 7.30 am Equity Bank Limited (EQTY) and American Express will launch the first American Express branded cards in Kenya. The venue of the launch will be at…
Tomorrow morning, Equity Bank Limited (EQTY) and American Express will launch the first American Express branded cards in Kenya. The venue of the launch will be at Equity centre, 9th floor, Upper Hill, Nairobi. The bank will be the sole issuer of American…
Today on the Nairobi Securities Exchange. The Kenya Power & Lighting Company Limited (KPLC) and Kenya Electricity Generating Company – Kengen- (KEGN) were among the top five losers. KPLC is the sole power distributor in Kenya. Kengen is the largest power producer…
An update on how companies listed on the Nairobi Securities Exchange (NSE) had performed as at 11.30am today. The winners Olympia Capital Holdings (OCH), Kenya Orchards Limited (ORCH),Total Kenya Limited (…
KenGen drives Kenyan shares higher, shilling steady The benchmark NSE-20 share index rose 0.6% or 30.81 points, to close at 5,311.27. KenGen, which is expected to release its earnings results this week, rose 6.9% to close at Sh 12.40. On the foreign exchange market, the shilling closed at 89.15/89.25 to the dollar, slightly weaker than…
An update on how companies listed on the Nairobi Securities Exchange (NSE) had performed as at 12.15pm today. The losers Olympia Capital Holdings (OCH), British American Tobacco Kenya (BAT), Longhorn Kenya Limited (…
London firm seeks Nairobi listing as it eyes oil boom Guernsey-based oil sector services firm Africa Oilfield Logistics plans an NSE listing with an eye on the promising Kenya upstream oil sector. The operator, which is focused on logistics support for upstream oil and gas exploration in sub-Saharan Africa, is…
Starting with #1: 1. Buy The Things That You Need Not until you are a millionaire can you buy goods or procure services that you can do without. Until then, you need to prioritise your purchases. 2. Spend Less Than You Earn This is so that you can have…
At the ringing of the final bell, British American Tobacco Kenya Limited (BAT) was exchanging at KES 1000. This is the highest price any share has ever exchanged at, on the Nairobi Securities Exchange (NSE). Limuru Tea Limited (…
Electricity costs drop on 210MW injection The decline follows the injection of 210 megawatts of geothermal power into the national grid, with 140 megawatts added to the grid in late July and the second tranche of 70 megawatts on September 16. Electricity prices are expected to drop by about 7.8…
Kenyans made up 10% of the Choiseul 100 Africa rankings. The Choiseul 100 Africa is an annual study carried out by the Paris based Institut Choiseul. It identifies and ranks the young African leaders of 40 years old and under, who will play a major role in the development of Africa in the near…
At the end of the day today, British American Tobacco Kenya (BAT) was exchanging at KES 942.00, making it the most expensive share at the Nairobi Securities Exchange. It overtook Limuru Tea (LIMT) which had no shares exchanged today.
An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed as at 12.30pm today. The winners Transcentury Limited (TCL), Unga Group (UNGA), British American Tobacco Kenya (BAT), Eveready East Africa (…
CBK special units to audit 3 large banks Central Bank of Kenya (CBK) is setting up special supervision units for Kenyan banks with regional subsidiaries to identify the risks. The International Monetary Fund (IMF) says fast expansion of banks into the region has brought fresh risks as regulation in some…
The Nairobi Securities exchange (NSE) was unfazed by the trial of Kenya’s president Uhuru Kenyatta at the International Criminal Court. Mr Kenyatta was today attending a status conference at the Hague based court where he is facing charges of crimes against humanity. The…