Markets

Markets

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Nissan Japan Nissan Japan
Markets•

Market woes force Nissan to cut over 10,000 jobs globally

Latest job cuts brings to 20,000 the total number of employees who have lost jobs from the Japanese auto company.
AGF Equity AGF Equity
Markets•

Equity and AGF scale up MSME support with Sh64Bn boost

Credit line is tailored to enable Equity Group to scale its lending to MSMEs,
Absa Bank Kenya Absa Bank Kenya
Markets•

Absa restructures Sh3.4 billion loans to support customers

In 2024, the economy was punctuated by rising interest rates that meant higher monthly interest costs for borrowers.
Family Bank Family Bank
Markets•

EIB Global and Family Bank ready Sh14.7Bn credit for youth and women traders

Funding aims to bolster working capital and investments of Kenyan SMEs within the trade and agriculture sectors.

Below the fold

Below the fold

Absa FY 2024 Results
Markets•

Absa’s Sh9.5 billion dividend caps strong financial year

Kakuzi avocado exports
Markets•

Kakuzi offers free Hass avocado testing as export window opens

KCB 2024 Results
Markets•

KCB investors to pocket Sh9.6Bn in dividends on profit gains

CMA CEO
Markets•

CMA suspends Trade Sense Ltd over forex breaches

Forex reserves
Markets•

Forex reserves dip by Sh25.8Bn on weakening shilling

Kenya Eurobond buyback
Markets•

Kenya moves to restructure debt with Sh116Bn Eurobond buyback

Central Bank of Kenya
Markets•

First ever domestic bond buyback earns CBK Sh50 billion

Unclaimed financial assets
Markets•

Kenyans have Sh82Bn in unclaimed wealth—Is some of it yours?

Dollar reserves
Markets•

Inflows and firm shilling lift forex reserves to new peak

Dr. Kamau Thugge
Markets•

CBK moves to penalise banks for offering expensive loans

Milk production Kenya
Markets•

Kenya’s milk consumption rises 33.5 percent in four years

CBK Governor Kamau Thugge
Markets•

Why bankers are pushing for further rate cut by CBK