@BdAfrica

Calls for rate cap review lift investor confidence in bank - 8 Mar 2018 15:53

James Ngunjiri

Calls for rate cap review is pushing bank stocks up on the Nairobi Securities Exchange (NSE), as investor’s confidence rebound. The calls to repeal the Banking Amendment Act, which was effected in September 2016 by various stakeholders led by the International Monetary fund (IMF) has seen bank counters rally, placing investors in profit-taking positions. “We are of the view that recent subdued level of trades on various stocks had a ripple effect on NSE’s total equity turnover and investors return as a result. Investors’ confidence has now rebounded, particularly on banking stocks whose dismal performance has mainly been driven by the introduction of the rate cap in late 2016,” said analysts from Kingdom Securities. Due to the introduction of the legislation, investors sold off or scaled down their holding in banking stocks for fear of constrained margins. This is after loan charges were capped at four percentage points above the ...
Read More


Category: business news lifestyle corporate markets economy opinion

Item ID: 41f3c517-0ac4-4fa5-9e8c-ca122bd553dc

kadiNewsItemCategoryList
  1. newsPriority: 62.353
  2. calculatedNewsPriority: 291.228
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title:

  1. newsPriority: 62.353
  2. calculatedNewsPriority: 291.228
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title:

  1. newsPriority: 61.676
  2. calculatedNewsPriority: 290.551
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

  1. newsPriority: 61.653
  2. calculatedNewsPriority: 290.528
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 61.776
  2. calculatedNewsPriority: 290.651
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

  1. newsPriority: 61.8
  2. calculatedNewsPriority: 290.675
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

  1. newsPriority: 61.753
  2. calculatedNewsPriority: 290.628
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Mar 8, 2018 3:53:24 PM
  2. timeModifiedAsFromUser: Mar 8, 2018 6:43:36 PM
  3. timeCreatedAsFromServer: Mar 8, 2018 10:02:57 PM
  4. timeUpdatedAsFromUser: Jan 20, 2019 6:00:44 PM
  5. timeCreatedAsFromUser: Mar 8, 2018 3:53:24 PM
  6. timeUpdatedAsFromServer: Jan 20, 2019 6:00:44 PM
  7. timeModifiedAsFromServer: Mar 8, 2018 10:02:57 PM

Suggested

4 hours ago, 22:10
Focus on NLC over inflated road land payouts

The National Land Commission (NLC) is on the spot over inflated compensation for land acquisition in the Sh16 billion James Gichuru-Rironi road expansion project by China Wu Yi Company. The NLC was ...

Category: business news economy opinion corporate markets lifestyle

Item ID: bd7eb5bd-5d9b-47fe-b659-8aa7b52f7ca8

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.079
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.056
  2. calculatedNewsPriority: 0.089
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.079
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:21:00 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:07 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:09 PM
4 hours ago, 22:10
Porsche, BMW fail to make sales for 2 months

Luxury car market was hit by a slowdown in the first two months of the year that saw top brands Porsche and BMW fail to make a single sale. Data released this week by Kenya Motor Industry Association ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 82ed348c-52d3-4231-aede-b1ad4ec65325

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.045
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.045
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.066
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.076
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.076
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 7:28:05 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:08 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:11 PM
4 hours ago, 22:45
Citi urges Eurobond holders to take up profit

Investment bankers at Citi Global Markets have advised clients to take profit in the Kenyan 10-year Eurobond which has witnessed an increase in secondary market prices in recent months. In a note Citi ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 5263e531-a9fb-4bcc-8b62-cfa1ecaa821b

kadiNewsItemCategoryList
  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.048
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.048
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.106
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.106
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.066
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:45:38 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 10:08:25 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:42:58 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:45:38 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:45:38 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:42:55 PM
4 hours ago, 22:10
No buyer yet for Postbank's Muthaiga property

Kenya Post Office Savings Bank (Postbank) is yet to find a buyer for its multi-billion shilling developed commercial block in Muthaiga, Nairobi, more than a year after it put the property on sale. The ...

Category: business news corporate

Item ID: 1d7c0608-d87a-40a0-9e2a-9e640e4b30b2

kadiNewsItemCategoryList
  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.092
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:38 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 8:15:35 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:13 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:38 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:38 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:38 PM
4 hours ago, 22:10
OUKO: Raising the red flag on safe deposit boxes

In February, Sh32 billion in fake foreign currency was found in a residential house in Ruiru town, while in October 2018, fake foreign cash totalling Sh1 billion was recovered at an apartment in ...

Category: business news economy opinion corporate markets lifestyle

Item ID: a77b8b31-2b63-4f31-a8ad-0d9f3aacde4d

kadiNewsItemCategoryList
  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.016
  2. calculatedNewsPriority: 0.049
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.054
  2. calculatedNewsPriority: 0.087
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.064
  2. calculatedNewsPriority: 0.097
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.055
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:10:35 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:44:01 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:09:10 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:10:35 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:10:35 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:08:31 PM
4 hours ago, 22:13
KAMARA: Why resistance drives us to path of success

Years ago when I was fairly new in business, I had a client who one might describe as difficult. She was somewhat abrupt and quite unnecessarily bossy. I quickly figured she was accustomed to getting ...

Category: business news economy opinion corporate markets lifestyle

Item ID: 6f503d30-57e1-4218-a928-8bd8740ea282

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.053
  2. calculatedNewsPriority: 0.086
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.096
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.054
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

compoundTime
  1. timeLastCalculatedUpdate: Mar 24, 2019 10:13:28 PM
  2. timeModifiedAsFromUser: Mar 24, 2019 9:44:01 AM
  3. timeCreatedAsFromServer: Mar 24, 2019 10:13:05 PM
  4. timeUpdatedAsFromUser: Mar 24, 2019 10:13:28 PM
  5. timeCreatedAsFromUser: Mar 24, 2019 7:00:00 PM
  6. timeUpdatedAsFromServer: Mar 24, 2019 10:13:28 PM
  7. timeModifiedAsFromServer: Mar 24, 2019 10:12:59 PM