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MARKETS

Turnover jumps 38 percent on Tuesdays trading at the NSE

The market turnover at the Nairobi Securities Exchange (NSE) surged 38 percent on Tuesdays trading to close the day at Sh286million, up from the...

Market Wrap: Cigarette draws back foreigners to NSE

Cigarette makers attracted the hawkish eyes of foreigners who executed block sales to move BAT shares at the NSE to a six week high...

INSIGHTS

BUSINESS AND MONEY

This morning, the Director of Public Prosecutions Mr. Noordin Haji ordered the immediate arrest and prosecution of twenty-eight senior executives among them National Treasury CS Henry Rotich and his PS Kamau Thugge over allegations of misappropriation of public funds...
Cigarette manufacturer, British America Tobacco (BAT) has reported a Ksh 2.5 billion profit after tax for the half-year ended June 30th, a 25.5 percent growth compared to a similar period last year. BAT Kenya managing director, MS Beverly Spencer-Obatoyindo said that...

JOBS

Housing Finance to cut jobs and merge roles to manage costs

About 36 employees are set to exit Housing Finance this year after the firm lost 76 more in 2017 as the lender seeks to...