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Another one bites the dust: SA retailer Builders exits

The announcement of the closure, which was made two weeks ago, did not come as a surprise.

Nairobi areaSouth africaSouth africanCarol kariukiAfrica multichoice dstvKen gichingaEric musauCfcstanbic holdingsMutual groupNational assemblyAfrica standard bankResearch at standard investment bankKenya revenue authorityKenya courtOld mutual ltdKenya private sector alliance kepsa

Kenyan bonds face depressed yields as inflation, high interest rates hit market

Experts say fixed income market is wading through a dreadful period with losses to investors.

Reginald kadzutuKen gichingaEric musauNational bankAmana capital ltdResearch at standard investment bankCapital markets authorityStandard investment bankJohn rwangombwa governorKenyan governmentCapital marketsJames anyanzwaHe eastafricanKenya bonds

Safaricom dividend pay pulls NSE to one-year low

The market capitalisation dropped to Sh2.426 trillion on Thursday from Sh2.499 trillion when the bourse opened on Monday, marking the lowest valuation of shares since April 8 last year.

Nairobi areaEric musauEquity groupCentral bankResearch at standard investment bankCapital markets authorityNairobi securities exchangeCo operative bankStandard investment bankCo op bankNse lossesSafaricom dividends

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