Category: Economy&Finance
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The Central Bank of Kenya (CBK) is constitutionally and legally mandated to issue and manage the country’s currency, as outlined under Article 231(2) of the Constitution and Section 4A(1)(f) of the CBK Act. This mandate includes ensuring there is an adequate supply of quality notes and coins in circulation, withdrawing and destroying unfit currency, and…
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The market closed the session on a bullish note for the seventh consecutive session with the NASI, N10, NSE 20, and NSE 25 gaining 0.9%, 1.1%, 1.3%, and 1.0%, respectively. Equity turnover rose to USD 5.8m (+66.4%). Local investors dominated market activity, accounting for 68.2% of the turnover levels, up from 63.2% yesterday. Equity Group…
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NCBA hosted its Gold Banking Customers in Nairobi, following the successful launch of the “Meet, Mingle & Money Talks” series in June this year. The series provides a premium, in-person platform for NCBA’s Gold Banking clients to interact directly with its senior leadership, Relationship Managers, and product specialists. The first three sessions, held in Nairobi,…
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An image of a person handling Kenyan bank notes. /NTV Money Market Funds (MMFs) remain the most preferred investment option among Kenyans, accounting for 62.5 per cent of the shares under Collective Investment Scheme (CIS) assets under management. Data from the Capital Markets Authority (CMA) shows that Special Funds rank second with a 19 per…
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L- R:Revenue Growth and Trade Marketing Director, Coca-Cola Bottlers Kenya Alfred Mabu, Senior Director, Frontline Marketing Coca-Cola East and Central Africa Warau Kahoro, Sales Director Coca-cola East and Central Africa Winfred Mwaniki, Senior Director Franchise Operations Coca-Cola East and Central Africa Simon Mwangi, and Coca-Cola East and Central Africa Director Frontline Marketing, Juliana Kituma present…
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United States of America firm Everstrong Capital has denied that the Sh468 billion Nairobi-Mombasa expressway project has been terminated by the government. The company says that instead of the termination as has been widely reported, the Kenya National Highways Authority (KeNHA) has been asked to restructure the proposal and resubmit it by the National Treasury’s…
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Popular construction firm Rhino Mabati Factory Limited has introduced AI-powered robotics into its production processes, setting a new benchmark for manufacturing excellence in Kenya’s construction sector. The innovation makes the roofing solutions manufacturer the first in its space to fully implement AI robotics in active production sites in Kenya. The new AI-driven system features robotic…
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Nairobi has always been a city of movement , the rhythm of business and the constant exchange of ideas. But on 30th August 2025, something different will take over the conversation. The buzz won’t just be about politics, weather, or football; it’ll be about the markets, the charts, and the future of money. That’s when…
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KCB Group PLC chief executive officer Mr. Paul Russo. PHOTO/Bizna Kenya August 14, 2025 is a day that will be remain etched in the memories of all KCB Group shareholders for a long time to come. This was the day that the banking group announced that it will be paying out Sh12.98 billion in dividend…
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How mobile banking is powering Kenya’s financial revolution Mobile banking: 25 years ago, nearly every town in the country had a red or yellow telephone booth. These booths were like a sacred place where Kenyans would queue patiently to make calls. Catherine Atieno remembers these booths with nostalgia. “They were like a holy grail. They…