Inflation rises just before new taxes kick in

The cost of basic items may hit a 5 percent increase this month following new tax adjustments that kick in on August 1. Read also:  Kenya’s economy likely to grow beyond Treasury forecast, says CBK ...
Unga Group

Ndegwa family firm Unga Group, still intent on de-listing

American firm Seabord eying flour miller Unga Group say they will continue to pursue the takeover bid despite losing out in its initial bid. Related: Was it a suspension or a market halt?; Circus of Unga...
ARM Cement

Paunrana turns default to hope

The week opened with news that Athi River Mining had defaulted on the interest of a privately placed paper in June, portending further defaults with expectations that it is to settle a whopping Sh13...
Alexander Forbes

NSE to train investors using Zamara index

Actuarial firm Zamara has partnered with the Nairobi Bourse to market its new index that helps investors know where to place their bets. The partnership meant to help in expanding financial literacy and improving investor...
CMA bonds

These fund managers lost money in 2017

The Capital Markets Authority has revealed that fund managers lost billions to the Chase Bank and Imperial bank bond suspensions and Nakumatt’s default. See also: SBM to finally take over Chase Bank With Athi River Mining (ARM)...