NSE Derivatives markets edges closer
You can now make money even if you have 10 percent of the value required to buy shares under a new derivative market that is about to go live at the NSE (Nairobi Securities Exchange).
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Author: Newsroom
President Uhuru Kenyatta witnesses signing of investment deals worth $238 million in Washington DC
WASHINGTON DC, 27 August 2018 (PSCU) – President Uhuru Kenyatta today witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged the US government to facilitate the operations of US businesses Africa.
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English Premier League game-week preview
The English Premier League extravaganza continues this weekend with 10 matches to look forward to. We’ll be reviewing Two of the matches, that have elicited a lot of hype and anticipation.
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KRA intercepts narcotics worth Sh2.9million at JKIA
The taxman has foiled a fresh plot by drug barons who move drugs from one country to another through Kenya.
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Sterling Capital gets back in the game with a bang!
Sterling Capital rising out of the ashes has scored an impressive Sh16.8 million in profit to the first half of this year from Sh3.2 million losses in a similar period last year.
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Switching places: Centum drops in the red as AIB Capital turns back profits
Centum’s Nabo Capital made a Sh12.4 million loss for the half year ended June against the Sh11.3 million profit it made last year.
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Total reaps benefits from stronger shilling
A stable shilling has helped French oil marketer Total boost earnings by 8 percent from Sh958 million in the first half of last year to Sh1.03 billion in the six months to June.
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Equity plans to axe out physical branches by 2020
Since late 2009, mobile penetration & digital Literacy in Kenya has been rising steadily with double digits in growth by percentage being recorded year on year. Most citizens and businesses are now opting for mobile & internet banking as the preferred mode of making financial transactions of any size.
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Serena bets on refurbished wing to swing back profits
TPS East Africa owners of the Serena Hotels will open the refurbished wing of its Nairobi outlet this month hoping to capitalize on improving tourism numbers in the second half of the year.
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Lenders bank on rate cap to finish year on a high
Lenders have become more efficient in managing cost and enforcing bad loans which has seen the Kenyan banking industry reap big in the first six months.
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