Equity steps up competition for mobile money customers with cheaper transfer service Equity Bank has stepped up competition for mobile money customers by making it free for its subscribers to send money to Airtel subscribers and within its network while capping fees charged on transfers to…

NSE chief urges openness by listed firms to woo foreigners Kenyan companies need to increase the level of disclosure if they hope to attract significant foreign funding, the Nairobi Securities Exchange (NSE) chief executive has said. Geoffrey Odundo said local and foreign investors are only comfortable with firms that…

Foreigners pull out cash from NSE for second time A quarter two report by Standard Investment Bank shows the NSE had lost Sh3.2 billion in the first three months of the year.Foreigners were exiting the large caps in favour of the smaller players whose market price…

  Sale of five State sugar companies delayed over farmers’ petition The government plans to sell Nzoia, South Nyanza, Chemilil, Miwani and Muhoroni companies to strategic investors who will control 51 per cent of the sugar millers. Two members of Parliament, however, delayed passing of the motion, citing that the…