Markets

 Global smart device brand Oppo has unveiled the latest version of its Reno series smartphones, the OPPO Reno8 in the Kenyan market. The new OPPO Reno8 which has been branded …

In a bid to meet its climate targets, Singapore has started talks on carbon markets to buy carbon credits from Morocco and other countries including Ghana, Indonesia, Colombia, and Brunei.  …

Small businesses will access affordable funding after the Capital Markets Authority (CMA) gazetted a new crowdfunding regulation. The Capital Markets (Investment-Based Crowdfunding) Regulations 2022 is pursuant to Section 12 (1) …

Moroccan insurance provider Sanlam, formerly known as Saham, has said that “Morocco is a key market” for its pan-African operations. In June, Saham officially changed its name to Sanlam after its …

Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …

Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …

British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …

 Kenya has moved up two positions in the latest Absa Financial Markets Index (AFMI) attributed to better environmental, social, and governance (ESG) market frameworks in the financial sector The country …

Oil marketers have declined to lower cooking gas prices four months after halving Value Added Tax (VAT) to eight percent, denying consumers accruing benefits. The 13-kilogramme cylinder is retailing at …

Avnon Group, an Israeli firm specializing in security, is looking to expand into the Moroccan market as relations between Rabat and Tel Aviv continue to warm.  Avnon Group, which has …