கெஸ்ட்ரல் மூலதனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கெஸ்ட்ரல் மூலதனம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கெஸ்ட்ரல் மூலதனம் Today - Breaking & Trending Today

Kestrel Capital exits fund management

THE STANDARD
By
Frankline Sunday |
January 24th 2021 at 09:54:24 GMT +0300
The Nairobi Securities Exchange electronic trading screen (PHOTO: FILE)
Investment firm Kestrel Capital East Africa is shutting down its fund management business in a move that will see one of the most prolific names at the Nairobi Securities Exchange bow out.
In a Kenya Gazette notice on Friday, the Capital Markets Authority (CMA) said Kestrel Capital had notified it of the decision that would take effect on February 8 unless any objections are raised.
“It is notified for general information that the licensee appearing in the schedule hereinafter have notified the Capital Markets Authority of their intention to cease operation of their investment bank activities and the authority has accepted the request for revocation of their license,” said the notice dated December 23, 2020. ....

Nairobi Area , Alykhan Satchu , Rubis Energie , Andre Desimone , Kenya Airways , Diamond Trust Bank , Nairobi Securities Exchange , Capital Markets Authority , Kestrel Capital East Africa , Kenya Gazette , Kestrel Capital , Deacons Kenya , Housing Finance , Capital Markets Act , நைரோபி பரப்பளவு , ரூபிஸ் எனர்ஜி , ஆண்ட்ரே டெசிமோனே , கேந்ய வானெறிக்குழுப்பெயர் , வைரம் நம்பிக்கை வங்கி , நைரோபி பத்திரங்கள் பரிமாற்றம் , மூலதனம் சந்தைகள் அதிகாரம் , கேந்ய கஸெட் , கெஸ்ட்ரல் மூலதனம் , டீக்கன்கள் கேந்ய , வீட்டுவசதி நிதி , மூலதனம் சந்தைகள் நாடகம் ,

Kenya banks lose $11m card payment revenues to telcos

The East African
Tuesday January 19 2021
An ATM booth. Most customers in Kenya opted to use mobile money over debit or credit cards in the wake of the pandemic. PHOTO | FILE | NMG
Summary
Customers stopped using debit, credit and prepaid charge cards in favour of mobile money payment platforms such as M-Pesa, whose transactions of up to $9.17 were free.
Advertisement
Top banks in Kenya have raised a red flag over an expected significant drop in net earnings for the year 2020.
They cite deteriorating economic conditions and the Covid-19 containment measures, which have seen the entire banking industry lose over Ksh1.2 billion ($11 million) worth of revenues from card payments to telcos mobile payment platforms in nine months. ....

Nairobi Area , Samuel Kibugi , Loise Gakumo , Francis Mwangi , Edwin Chui , Daniel Kuyoh , Central Bank , Kenya Bankers Association , Barclays Bank Plc , Absa Bank Kenya , Standard Chartered Bank Kenya , Im Bank , Diamond Trust Bank , National Treasury , Absa Bank , Dyer Blair Investment Bank , Blair Investment Bank , Kestrel Capital , Cooperative Bank , Kenya Banks , Kenya Covid 19 , Kenya Vaccine , Kenya Covid Vaccine , James Anyanzwa , நைரோபி பரப்பளவு , பிரான்சிஸ் முவாங்கி ,