Brokers rattled as banks take over the bond market The licensing of commercial banks as securities traders has unsettled stockbrokers who stand to lose a substantial share of their revenue, particularly in the wake of falling turnover and volatile trading at the stock market.The Capital…
Food prices offset gains from low energy bills edging up inflation to 5.61pc Inflation bucked a five month decline in February, inching up marginally on rising prices of key food items which offset benefits from lower energy bills. Data from the Central Bank of Kenya (CBK) shows that the cost…
Important business news items to note this morning: Kenya improves on ‘Ease of Doing Business’ Rankings According to the 2015 Ease of Doing Business index released by the World Bank Group earlier today, Kenya has slightly improved its ranking. This year, the World Bank also unveiled a revised ranking methodology.
The Energy Regulatory Commission (ERC) is today, expected to announce reviewed fuel prices for the period starting 15 January 2013 to 14 February 2013. Here’s what you should expect to see happening. As posted by Abu Dhabi National Oil Company, the Free On…