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Kenya is one of the countries forecast to be among the fastest-growing economies globally in 2017. The country forms part of the East African Community, a regional grouping of countries whose economies are forecast...
Investment firm Centum has sold its entire 26.43 percent stake in Kenya Wine Agencies Limited (KWAL) to South Africa’s Distell Group Limited. The valuation of the deal is not yet public. Consequently, Distell Group now becomes...
The total number of mobile money subscriptions was recorded at 31.9 million subscriptions while active mobile money transfer agents were recorded at 161,583 during the quarter ending 31st December 2016. The volume of transactions...
DTB released their FY’2016 earnings, recording an increase in core earnings per share (EPS) by 16.6 percent to Ksh.28.9 per share from Ksh.24.8 per share in FY’2015. This was due to a 22.6 percent...
As we have written before, the overall inflation rate stood at 10.28 percent in March 2017. The Consumer Price Index (CPI) increased by 1.67 percent from 179.98 in February 2017 to 182.98 in March...
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