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    The latest business and financial market news and analysis.

    Limuru Tea Gets Letter of Intent from ekaterra Tea to Acquire 100% Stake 

    Limuru Tea Company Ltd, one of Kenya’s agricultural firms engaged in growing green leaf tea, has received a notice of…

    6th July 2022
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    • Limuru Tea Gets Letter of Intent from ekaterra Tea to Acquire 100% Stake 
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    One of the Tea Estate in Limuru that is owned by Limuru Tea Company Ltd

    Nairobi Bourse Waives Fees for Investors to Spur Day Trading

    Day trading is the practice of purchasing and selling a security within a single day or trading session or multiple…

    6th July 2022
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    • Nairobi Bourse Waives Fees for Investors to Spur Day Trading
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    The Nairobi Securities Exchange has scrapped the trading fees for investors to increase activation and enhance day trading.

    Contraction in Kenya’s Private Sector Activity Lowest Since April 2021-PMI

    The reading was the lowest seen since April 2021 and signalled a solid decline in the health of the Kenyan…

    5th July 2022
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    • Contraction in Kenya’s Private Sector Activity Lowest Since April 2021-PMI
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    British International Investment Plc plans to invest $6 billion in Africa over the next five years.

    Kenya to Set Up East Africa’s First Carbon Offset Exchange

    Prudential Plc, a UK company, formally becomes an anchor client to join NIFC.

    4th July 2022
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    • Kenya to Set Up East Africa’s First Carbon Offset Exchange
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    Kenya announces the official launch of the Nairobi International Financial Centre

    Trade Deficit Widens to KSh333.4 bn In First Quarter 2022

    Kenya’s trade deficit widened to KSh333.4 billion in the first quarter of 2022 as imports hit a record high of 14.5 per…

    2nd July 2022
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    • Trade Deficit Widens to KSh333.4 bn In First Quarter 2022
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    Kenya's trade deficit widened to KSh333.4 billion in the first quarter of 2022 as imports hit a record high of 14.5 per cent

    Kenya’s Economy Rebounds 6.8% In First Quarter 2022

    Kenya’s Economy likely rebounded in the first quarter of 2022 from a deep contraction in the same period last year,…

    1st July 2022
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    • Kenya’s Economy Rebounds 6.8% In First Quarter 2022
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    Employment in the sector posted its first rise in three months, with the number of workers rising in the agriculture, construction, and services sectors.

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