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News

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > foreigners-sell-sh4-5bn-stocks-in-august-5584334

Foreigners sell Sh4.5bn stocks in August as blue-chips rally

2+ hour, 10+ min ago   (666+ words) Foreign investors cashed in on shares worth Sh4.55 billion on the Nairobi stock market in August. Foreign investors cashed in on shares worth Sh4.55 billion on the Nairobi stock market in August, taking advantage of a rally in blue-chip share prices to…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > cbk-rejects-sh20bn-as-bidders-seek-higher-rates-5581454

CBK rejects Sh20bn as bidders seek higher rates

2+ day, 17+ hour ago   (563+ words) The Central Bank Of Kenya. The Central Bank of Kenya (CBK) rejected Sh20.4 billion offered by investors in the two reopened September bonds as it sought to keep a lid on the government’s borrowing costs in a highly liquid market. The…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > how-kenya-s-priority-sectors-can-become-engines-of-growth-5581162

How Kenya’s priority sectors can become engines of growth

2+ day, 19+ hour ago   (811+ words) Sector development is about creating the conditions and capabilities that allow firms to invest, become more productive and compete. Senior Advisor, Industry and Commerce Tony Blair Institute for Global Change Yet why do some priority sectors become engines of growth…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > investors-snub-securities-borrowing-and-lending-scheme-5579774

Investors snub securities borrowing and lending scheme on share price rally

3+ day, 16+ hour ago   (809+ words) From 2024 to date (2026), no single transaction has been concluded on the securities lending and borrowing platform. Investors on the Nairobi Securities Exchange (NSE) are snubbing a scheme that allows for lending and borrowing of securities, put off by a rally…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > is-18pc-still-a-realistic-investment-target-5577708

Beyond bond yields: Is 18pc still a realistic investment target?

4+ day, 18+ hour ago   (767+ words) For thousands of Kenyan investors, the maturity of a government bond can feel like a success that creates an immediate question: what should this money do next? That question is especially relevant as substantial government bonds mature and coupon payments…...

Google News
businessdailyafrica.com > bd > economy > food-squeezes-households-as-inflation-hits-6-6-percent-5578054

Food squeezes households as inflation hits 6.6pc

4+ day, 16+ hour ago   (339+ words) A trader sorting commodities at her grocery stand in Kiawara market, Nyeri County on December 24, 2024. Kenya’s average consumer prices rose for the second month in a row to 6.6 percent in August as food and commuting costs squeezed family budgets. The…...

Google News
businessdailyafrica.com > bd > economy > treasury-hits-41pc-of-annual-domestic-debt-target-in-two-months-5574962

Treasury hits 41pc of annual domestic debt target in two months

1+ week, 1+ hour ago   (629+ words) The National Treasury building in Nairobi. The National Treasury has cashed 41 percent of its annual domestic borrowing target just two months into the fiscal year, signalling a rush to capitalise on a highly liquid market to secure early funding to…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > restructure-the-debt-not-kenya-s-future-5569624

Restructure the debt, not Kenya’s future

1+ week, 4+ day ago   (683+ words) Kenya’s debt problem is no longer merely a technical matter for the Treasury. It has become a political economy question. What kind of economy can Kenya build when an ever-growing share of public resources is committed to servicing yesterday’s borrowing?...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > bond-values-at-nse-fall-as-interest-rates-rise-5565230

Bond values at NSE fall as interest rates rise

2+ week, 1+ day ago   (666+ words) Bond prices in the secondary market at the Nairobi bourse have come down compared to a year ago as interest rates rise in the wake of the war in Iran, cutting the profits for those opting to sell their bonds…...

Business Daily
businessdailyafrica.com > bd > lifestyle > food-drinks > the-most-expensive-beef-cuts-become-big-business-5565052

Tenderloin by the gramme: The most expensive beef cuts become big business

2+ week, 1+ day ago   (1170+ words) “Can you give me 500 grammes of tenderloin, 400 grammes of ribeye and T-bone? You might also get someone saying, ‘I just want a nice, decent one-inch steak of this cut and this cut,’ just to have that experience and choose which…...