A trader at Nairobi’s Nyamakima has joined the millionaire club after winning Sh1 million in the ongoing KachingChing na Coke campaign. Ms. Pamela Kageni, a retailer in plumbing supplies, discovered the promotion while following updates on social media. “I was catching up on updates on Facebook when I saw a post about the KachingChing na […]
The advent of digital loans has revolutionized Kenya’s credit market, offering a convenient and accessible option for borrowers. According to the “Kenya’s Credit Market Landscape – Demand Side Analysis of Credit Records Held by Creditinfo CRB” report by FSD Kenya, CIS Kenya, and Creditinfo CRB, the digital lending sector has seen significant growth in recent […]
In Kenya’s credit landscape, male borrowers have historically dominated the market. However, recent trends indicate a gradual shift, with female borrowers making notable strides. According to the “Kenya’s Credit Market Landscape – Demand Side Analysis of Credit Records Held by Creditinfo CRB” report by FSD Kenya, CIS Kenya, and Creditinfo CRB, male borrowers consistently outnumber […]
Kenya Airways has signed a strategic partnership with Safaricom aimed atdriving innovations that will enhance the airline’s operational efficiency, strengthencybersecurity, and elevate the customer experience. Kenya Airways and Safaricom will focus on enhancing connectivity, in-flight Wi-Fi, InfrastructureInspection, Security Surveillance, loyalty programs, data science, software development, andaviation innovation in areas such as agriculture.Commenting on the partnership, […]
Kenya’s public debt situation remains a critical concern, with the government’s heavy reliance on domestic debt instruments to finance its budget. The July 2024 developments in the domestic debt market provide insights into the challenges and implications of this strategy. According to the Cytonn Monthly – July 2024 report, the domestic debt stock increased by […]
The Kenyan equity market experienced a downward trajectory in July 2024, driven by losses in key large-cap stocks. This trend underscores the volatility in the market and the need for investors to stay informed about the underlying factors influencing stock performance. According to the Cytonn Monthly – July 2024 report, the NSE 10 declined the […]
Kenya’s inflation rate experienced a surprising decline in July 2024, providing a respite for consumers and signaling potential stability in the economy. The Kenya National Bureau of Statistics (KNBS) released its monthly consumer price indices and inflation rate report, which highlighted this unexpected trend. According to the Cytonn Monthly – July 2024 report, the year-on-year […]
The Nairobi Metropolitan Area (NMA) has been experiencing significant growth in its real estate sector, particularly in land prices. The second quarter of 2024 showcased a positive trend, marking a notable shift from previous quarters. According to the Cytonn Monthly – July 2024 report, the average selling prices for all properties in the NMA posted […]
The Kenyan Treasury Bill (T-Bill) market has been a focal point for investors seeking secure and profitable investment avenues. In July 2024, the T-Bill market witnessed remarkable oversubscription rates, highlighting the growing investor confidence in these government securities. According to the Cytonn Monthly – July 2024 report, the overall average oversubscription rate for T-Bills reached […]
Technology and innovation are playing a transformative role in Kenya’s retail sector, driving efficiency and enhancing the customer experience. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, the adoption of technology in retail operations has been a significant factor in the sector’s resilience and growth. The report highlights several technological advancements that […]
