5 Things You Should Know This Morning – Oct 16
CIC Insurance corporate bond begins trading at NSE CIC Insurance Group Corporate Bond began trading yesterday at the Nairobi bourse. The insurer announced it would take up the whole KES 6.34 billion realized from the issue, which was oversubscribed by 111% over the initial KES 3 billion. […]…
5 Things You Should Know This Morning – Oct 2
Kenyan shilling steady, stocks a fraction higher At 1300 GMT, commercial banks quoted the shilling at 89.25/45 to the dollar, compared with Tuesday’s close of 89.30/40. Traders said there were some dollar inflows from tea exporters and non-governmental organisations, which countered the demand for the U.S. currency. On the Nairobi Securities Exchange, the main NSE-20 Share Index…
Tullow Finds More Oil in Kenya
Tullow Oil and Africa Oil Corporation have found oil in the second well in the Turkana desert. The Twiga-1 well is said to contain about 100 feet of oil. Tullow found Oil in Ngamia 1 well earlier in the year.
How Global Events That Affect Your Spending Are Doing
79 percent of the respondents in a recent study want to save regularly because of the impact of global events." What are these global events and should we be worried?
1
