Jamii Bora targets global lenders for Sh1.6bn expansion loan Jamii Bora Bank is hoping to get an unsecured Sh1.6 billion convertible loan in January. The loan will be provided by three international lenders whom the management declined to disclose as they are still conducting due diligence…

Total Kenya Ltd Top Gainer as Kenya Commercial Bank Ltd Declines Total Kenya Ltd (TOTL) was the top gainer of the day. It gained 4.44% to close at KES 20.00 which was a KES 0.85 gain in share price. Kenya Commercial Bank Ltd (KCB) was the top loser of the…

I&M Holdings Ltd Top Gainer as Eveready East Africa Limited Declines I&M Holdings Ltd (I&M) was the top gainer of the day. It gained 12.15% to close at KES 120.00 which was a KES 13.00 gain in share price. Eveready East Africa Limited (EVRD) was the top loser of the…

Bourse slips below 4,300 points in sixth successive session of losses The Nairobi Securities Exchange 20 share index fell for the sixth straight session Thursday to slip below the 4,300 points barrier for the first time this year as major counters lost ground. The index…

CBK spends Sh51bn in four months to prop weak shilling The Central Bank of Kenya (CBK) foreign exchange reserves have contracted by Sh51 billion ($545 million) in the past four months as dollars were used to shore up the shilling and for debt servicing. The shilling exchange rate has already…