• This was largely attributable to a 32% and 25.6% uptick in Non-Funded Income (NFI) and Total Interest Income.
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Bonga points is a loyalty scheme that lets Safaricom Prepay and Postpay subscribers earn points immediately once registered to the programme. You earn 1 Bonga point for every 10 Ksh spent on voice calls, SMS, or data.
Liquidity in the money markets tightened, with the average interbank rate increasing to 4.4% from 4.2%
Remittances represent an important source of foreign exchange and support many livelihoods.
The AELP, a flagship project of the African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB), aims to facilitate cross-border trading among seven participating exchanges and select broker firms.
A rights issue is an offer given by a company to existing shareholders to buy a proportional number of additional shares at a given price within a fixed period.