Trends - Kenya - Business Recorder

Kenya

Kenya extends oil supply agreement with three Gulf companies

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Published 19 Sep, 2023 01:21pm

Pakistan

PM cancels visit to Kenya

ISLAMABAD: The caretaker Prime Minister, Anwaar-ul-Haq Kakar, has cancelled his first international visit to Kenya...

Published 02 Sep, 2023 06:30am

World

China envoy calls Kenya economic ties a ‘win-win’

NAIROBI: China’s top diplomat Wang Yi during a visit to Kenya on Saturday praised the two countries’ economic...

Published 22 Jul, 2023 07:12pm

Kenya in shock as road crash toll hits 52

NAIROBI: The death toll from a grisly road crash in western Kenya rose to 52 on Saturday, police said, as rescuers...

Updated 02 Jul, 2023 10:28am

World

Militants kill five civilians in east Kenya: witness, police source

NAIROBI: Al-Shabaab militants have killed five civilians, some by beheading, in eastern Kenya, a witness and a...

Updated 25 Jun, 2023 08:55pm

World

Kenya says to boost trade ties with Moscow as Lavrov visits

NAIROBI: Kenya said Monday it has agreed to boost trade ties with Moscow, during a surprise visit by Russian Foreign...

Published 29 May, 2023 07:29pm

World

IMF staff agree to expand credit for cash-strapped Kenya by $1bn

NAIROBI: The International Monetary Fund said it has reached a staff-level agreement with Kenya that would provide...

Published 24 May, 2023 06:51pm

World

IMF staff, Kenya reach agreement on economic programmes

NAIROBI: The International Monetary Fund and Kenya have reached a staff-level agreement on Kenya’s economic...

Published 23 May, 2023 07:55pm

World

Kenya hunger cult deaths reach 89, minister prays survivors will ‘tell the story’

NAIROBI: The death toll among followers of a Kenyan cult who believed they would go to heaven if they starved...

Published 26 Apr, 2023 06:15am

World

Kenya launches first operational satellite into orbit

NAIROBI: Kenya’s first operational satellite was launched into orbit on Saturday by a SpaceX rocket that took off...

Published 15 Apr, 2023 03:42pm

Business & Finance

Kenya Airways posts worst-ever loss

NAIROBI: Kenya’s troubled national carrier, Kenya Airways, said on Monday that its losses for last year more than...

Published 03 Apr, 2023 06:36am

Markets

StanChart Kenya’s pretax profit rises 36% in 2022

NAIROBI: Standard Chartered Kenya posted a 36% jump in its pretax profit for 2022 to 17.1 billion shillings ($132.15...

Published 14 Mar, 2023 11:06am

Pakistan

Arshad Sharif’s murder: Why Kenyan authorities not cooperating now, asks SC

ISLAMABAD: The Supreme Court directed the Foreign Ministry to find out why the Kenyan authorities initially ...

Published 14 Feb, 2023 05:58am

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

Pakistan

SC lauds SJIT’s progress report on journalist’s murder

ISLAMABAD: The Supreme Court appreciated the Special Joint Investigation Team’s (SJIT) progress report in the...

Published 06 Jan, 2023 05:58am

World

Kenya will not default on its debt: President Ruto

Our country will not default on our obligations. We have applied (the) brakes on any more borrowing, he says

Published 05 Jan, 2023 12:22am

World

Twitter suspends Kanye’s account again on violating rules

Twitter Inc on Friday suspended Kanye West’s account again, just two months after the rapper’s account was...

Published 02 Dec, 2022 11:55am

Pakistan

Interior minister says evidence suggests Arshad Sharif killed in 'targeted attack'

ISLAMABAD: Pakistan's interior minister Rana Sanaullah said on Tuesday evidence suggested Arshad Sharif, a prominent...

Updated 08 Nov, 2022 05:52pm

Pakistan

Arshad Sharif’s murder: Probe body reconstituted

ISLAMABAD: The federal government Wednesday reconstituted the three-member team to investigate the mysterious murder...

Published 27 Oct, 2022 06:46am

Pakistan

Judicial commission to probe journalist Arshad Sharif’s death

Commission will be headed by a high court judge

Updated 25 Oct, 2022 03:46pm

Pakistan

Arshad Sharif's death: PM Shehbaz calls Kenyan president, 'requests fair, transparent' investigation

PM says Kenyan president has promised all-out help

Published 24 Oct, 2022 08:08pm

World

Kenya to expand trade ties with United Arab Emirates

Kenya will expand trade ties with the United Arab Emirates, the State House Kenya tweeted early on Saturday.

Published 22 Oct, 2022 09:54am

World

Kenya cuts ties with Western Sahara area

NAIROBI: Kenya’s new President William Ruto said on Wednesday the East African country was breaking diplomatic ...

Published 15 Sep, 2022 05:57am

Business & Finance

Event discusses issues of tea importers

KARACHI: Pakistan Tea Association (PTA) has organized ‘Third Pakistan Tea Convention’ on the eve of ...

Published 22 May, 2022 06:03am

World

Worst drought in decades devastates Ethiopia’s nomads

GODE: There has hardly been a drop of rain in Hargududo in 18 months. Dried-up carcasses of goats, cows and donkeys...

Published 11 May, 2022 10:49am

World

Kenya says over 800,000 Covid jabs have expired, blames hesitancy

NAIROBI: Kenya announced on Wednesday that nearly 840,000 Covid-19 vaccines received through donations had expired,...

Published 23 Mar, 2022 07:55pm

Markets

Kenya shilling weakens on dividend payments, at new all-time low

NAIROBI: The Kenyan shilling weakened on Thursday to hit a fresh all-time low on the back of dollar demand from some...

Published 10 Mar, 2022 03:00pm

World

Moderna announces first African vaccine facility in Kenya

NAIROBI: US vaccine maker Moderna announced Monday that it would build its first mRNA jab-manufacturing facility in...

Published 07 Mar, 2022 08:19pm

World

13 million face hunger as Horn of Africa drought worsens: UN

NAIROBI: An estimated 13 million people in Kenya, Somalia and Ethiopia are facing severe hunger as the Horn of ...

Published 08 Feb, 2022 12:33pm

World

Omicron sub-variant BA.2 found in 5 African countries: WHO scientist

The BA.2 sub-variant of Omicron has been found in five African countries, a World Health Organisation scientist said...

Published 03 Feb, 2022 04:15pm

Gainers
Losers
Leaders

Stock	Price
P.I.A.C.(A) / Sep 25 Pakistan International Airlines Corp(PIAA)	5.38 ▲ 1.00 (22.83%)
Pak. P.V.C. / Sep 25 Pakistan PVC Limited(PPVC)	5.65 ▲ 1.00 (21.51%)
Roshan Packages / Sep 25 Roshan Packages Limited(RPL)	11.19 ▲ 1.00 (9.81%)
Bank of Khyber / Sep 25 The Bank of Khyber(BOK)	11.35 ▲ 0.94 (9.03%)
Pak Elektron / Sep 25 Pak Elektron Limited(PAEL)	10.59 ▲ 0.84 (8.62%)
Hala Enterprise / Sep 25 Hala Enterprises Limited(HAEL)	6.70 ▲ 0.51 (8.24%)
Thatta Cement / Sep 25 Thatta Cement Company Limited(THCCL)	13.87 ▲ 1.00 (7.77%)
Gammon Pak / Sep 25 Gammon Pakistan Limited(GAMON)	7 ▲ 0.50 (7.69%)
Waves Home Appliances / Sep 25 Waves Home Appliances Limited(WHALE)	6.10 ▲ 0.43 (7.58%)
J.K.Spinning / Sep 25 J.K. Spinning Mills Limited(JKSM)	42.36 ▲ 2.96 (7.51%)

Stock	Price
Pervez Ahmed Co / Sep 25 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.60 ▼ -0.09 (-13.04%)
Premier Insurance / Sep 25 Premier Insurance Limited(PINL)	6.15 ▼ -0.85 (-12.14%)
PICIC Ins.Ltd. / Sep 25 PICIC Insurance Limited(PIL)	0.74 ▼ -0.06 (-7.50%)
Ellcot Spinning / Sep 25 Ellcot Spinning Mills Limited(ELSM)	96.25 ▼ -7.75 (-7.45%)
Dadex Eternit / Sep 25 Dadex Eternit Limited(DADX)	34.01 ▼ -2.40 (-6.59%)
HI-Tech Lub. / Sep 25 Hi-Tech Lubricants Limited(HTL)	22.39 ▼ -1.51 (-6.32%)
IbrahimFibres / Sep 25 Ibrahim Fibres Limited(IBFL)	250 ▼ -16.56 (-6.21%)
Jahangir Sidd(Pref) / Sep 25 Jahangir Sidd(Pref)(JSCLPSA)	7.05 ▼ -0.45 (-6.00%)
JDW Sugar / Sep 25 JDW Sugar Mills Limited(JDWS)	330 ▼ -20.00 (-5.71%)
Ist.Capital Sec / Sep 25 First Capital Securities Corporation(FCSC)	0.92 ▼ -0.05 (-5.15%)

Stock	Volume
P.I.A.C.(A) / Sep 25 Pakistan International Airlines Corp(PIAA)	29,480,500 ▲ 1.00
Pak Elektron / Sep 25 Pak Elektron Limited(PAEL)	19,380,481 ▲ 0.84
Cnergyico PK / Sep 25 Cnergyico PK Limited(CNERGY)	10,563,972 ▲ 0.00
WorldCall Telecom / Sep 25 Worldcall Telecom Limited(WTL)	10,059,097 ▲ 0.00
Unity Foods Ltd / Sep 25 Unity Foods Limited(UNITY)	8,137,436 ▲ 0.46
Hub Power Co. / Sep 25 The Hub Power Company Limited(HUBC)	7,480,117 ▲ 0.19
K-Electric Ltd. / Sep 25 K-Electric Limited(KEL)	7,220,289 ▲ 0.02
Dewan Motors / Sep 25 Dewan Farooque Motors Limited(DFML)	6,909,431 ▼ -0.11
Pak Petroleum / Sep 25 Pakistan Petroleum Limited(PPL)	6,762,444 ▼ -0.18
Maple Leaf Cement / Sep 25 Maple Leaf Cement Factory Limited(MLCF)	6,752,226 ▲ 0.36

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 25	291.20
USD PKR Interbank Buying / Sep 25	290.80
USD to Japanese Yen / Sep 25	148.36
USD to Swiss Franc / Sep 25	0.91
Pound Sterling to USD / Sep 25	1.22
Euro to USD / Sep 25	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 22	4320.06
Nasdaq / Sep 22	13211.81
Dow Jones / Sep 22	33963.84
India Sensex / Sep 25	65943.29
Tokyo Nikkei / Sep 25	32678.62
Hang Seng / Sep 25	17745.62
FTSE 100 / Sep 25	7672.91
Germany DAX 30 / Sep 25	15535.81
France CAC40 / Sep 25	7179.27

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 22	19035
Gold 10 Grams PKR / Sep 22	185020
Crude Oil USD/Barrel / Sep 25	90.44
Gold Spot USD/Ounce / Sep 25	1922.68
Cotton US¢/pound / Sep 25	86.10

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Kenya

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