01/03/2024
Equities were the worst performing major asset class in 2023 where the NSE shed Sh554 billion or 28 percent of its investor wealth, most of it (Sh418.7 billion) on the Safaricom stock — the largest on the market.
01/03/2024
The savings pot will hold a maximum of one-third of all retirement savings and will be accessible prior to retirement.
01/03/2024
The increase in prices is not as a result of firms wanting an increase in profit.
01/03/2024
Kenya experiences a surge in diaspora remittances, reaching an all-time high of $4.17 billion.
01/02/2024
To bridge the gap, Wema Bank believes that all hands must be on deck to address the issue, even as it contributes its quota to ensure that quality education is for all.
12/29/2023
The two institutions are breaking new ground for their long-standing cooperation
12/29/2023
This opens up the second phase of the Bank's capital increase process, the first phase of which was completed in December 2022 for an amount of XOF554.38 billion.
12/29/2023
Despite being primary breadwinners, they also shoulder domestic and childcare duties, due to the persistence of stereotypical gender roles in modern society,” said Gogoba.
12/29/2023
Investors demanded higher rates from government to account for elevated inflation, a weaker shilling and the State’s difficulties in accessing credit from the external market on cost concerns.
12/27/2023
In tough times, South Africans may cancel their debit orders to utilise additional funds for other obligations.
12/27/2023
At the same time, O’Hagan said, the wave of semigration to the Western Cape from Gauteng and other inland provinces continues to be reversed as return-to-office mandates gain ground.
12/27/2023
Additionally, the Act introduced two new higher Pay-As-You-Earn (PAYE) bands covering incomes of between Sh500,000 and Sh800,000 at 32.5 percent
12/22/2023
Specific objectives of the committee include; to increase consumer credit uptake in Nigeria
12/21/2023
Surveys suggest the ruling African National Congress could lose its absolute majority for the first time since coming to power almost 30 years ago, potentially forcing it to find coalition partners.
12/21/2023
The increase saw the utility’s staff numbers increase to 10,018 in June 2023, up from 9,655 in the previous year.
12/21/2023
The investment grade ratings is a strong enabler of the Company’s strategy to attract funding from the Nigerian Debt Capital markets.
12/20/2023
Mr. Laporte has made this assertion on the yet-to-be-aired Business Edition of PM Express.
12/19/2023
The firm’s CEO Wangaruro Mbira said the company has disbursed 11,014 loans across the country with a total value of Sh7.9 billion over the past seven years and has 21 branches.
12/18/2023
The results of the weekly Treasury bills auction showed that the average rate demanded by investors on the 364-day paper stood at 16.41 percent, up from 15.79 percent the previous week.
12/18/2023
The government announced that it will make a partial redemption of the 2024 bond by the close of this month, buying back $300 million (Sh46.1 billion) worth of the securities that were issued at an interest rate of 6.875 percent.