Cash-strapped clothing and footwear retailer Deacons (East Africa) PLC (Under Administration) has announced Expression of Interest to sell its business…
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The latest business and financial market news and analysis from East Africa and the Continent.
Kenol-Kobil has been dropped from the two main indices of the Nairobi Securities Exchange and replaced with Kenya Airways and…
The Kenyan Government sold KSh210 billion ($2.1 billion) Eurobond, in tranches of 7- and 12-year tenors, for budgetary allocation and…
The Capital Markets Authority (CMA) has fined Nairobi businessman Mr. Rodrick Muhoro KSh 208 Million and banned him from the…
Fuel Prices have increased further in new monthly rates announced by the Energy and Petroleum Regulatory Authority (EPRA). Super petrol…
Global rating firm Standard and Poors (S&P) has given Kenya’s proposed dollar-denominated Eurobond ‘B+’ long-term issue rating. “The amount and…