Communication. Ntongai

1 week ago | tuko.co.ke | Elijah Ntongai |Communication. Ntongai

Central Bank of Kenya’s March 2025 Agriculture Sector Survey shows that food prices are expected to rise in April due to seasonal patterns and global market trends Prices of sugar and edible oils are projected to increase further in response to ongoing global factors, while tomato prices may spike due to supply disruptions caused by the long rains Prices of fast-growing vegetables are expected to decline due to favourable rainfall between March and May Elijah Ntongai, a journalist at...

1 week ago | tuko.co.ke | Elijah Ntongai |Communication. Ntongai

The NSE’s market capitalisation dropped below the KSh 2 trillion mark for the first time in months, falling to KSh 1.980 trillion after a KSh 15.43 billion decline The All Share Index (NASI) fell by 0.78%, while the NSE 20, NSE 25, and NSE 10 Share Indices also posted losses of 0.60%, 0.88%, and 0.53%, respectively Nation Media Group led the list of worst-performing stocks year-on-year with a 37.56% drop, followed by Car & General, Sasini Ltd, and Kenya Reinsurance Corp Elijah Ntongai, a...

1 week ago | tuko.co.ke | Elijah Ntongai |Communication. Ntongai

The Central Bank of Kenya (CBK) has reopened three fixed-coupon Treasury bonds with maturities of 15, 20, and 25 years. Don't miss out! Join Tuko.co.ke Sports News channel on WhatsApp now!CBK is seeking to raise KSh 80 billion from the domestic market to support the government’s budgetary needs. According to a prospectus published by the CBK, the bonds on offer are the FXD1/2022/015, FXD1/2012/020, and FXD1/2022/025, with remaining maturities of 12, 7.6, and 22.5 years, respectively.

1 week ago | tuko.co.ke | Elijah Ntongai |Communication. Ntongai

Nairobi – The Central Bank of Kenya (CBK) has announced it will lift the longstanding moratorium on the licensing of new commercial banks, effective July 1, 2025. The moratorium has been in effect since November 17, 2015, and was initially imposed to address systemic governance, risk management, and operational weaknesses within the banking sector. "The moratorium was imposed against a backdrop of governance, risk management, and operational challenges in the banking sector.

1 week ago | tuko.co.ke | Elijah Ntongai |Communication. Ntongai

Aliko Dangote, Africa’s richest man and the founder of the Dangote Group, marked his 68th birthday in a private yet memorable celebration surrounded by family, friends, and well-wishers. During his birthday, Dangote received tributes, including a notable commendation from Nigeria's President Bola Tinubu.