by Hope Media | Jan 5, 2017 | BUSINESS NEWS, news
The Kenya Shilling got off to a rocky start on the second day of trading in 2017 hitting the Sh103 mark against the dollar. This shilling is currently trading at Sh103.25, the highest it has traded since the August 2015. Commercial Bank of Africa treasury department...
by Hope Media | Jan 2, 2017 | BUSINESS NEWS, news
The Rwanda Stock Market (RSE) weekly turnover dropped by over Rwf69.8 million on December 30 to Rwf75.2 million, down from Rwf145.04 million recorded for the week ended December 23. According to the RSE weekly report, this was a 48.18 per cent decline in value, ending...
by Hope Media | Jan 2, 2017 | BUSINESS NEWS
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440) compensation for copying parts of their hit movies “Cars” and “Cars 2”, the official Xinhua news agency reported on Saturday. The...
by Hope Media | Jan 2, 2017 | BUSINESS NEWS
Samsung Electronics Co Ltd (005930.KS) will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. The South Korean firm said in...
by Hope Media | Jan 2, 2017 | BUSINESS NEWS, news
Local insurance companies will be among the biggest winners this year as the government moves to implement the mandatory local underwriting for all imports. The new law, which came into effect yesterday (January 1 ), requires imports to be covered locally. Treasury...
by Hope Media | Dec 30, 2016 | BUSINESS NEWS, news
Inflation for the month of December rose to 6.35 percent on higher food prices and non-alcoholic beverages this is according to the Kenya National Bureau of Statistics which show Consumer Price Index rose by 0.76 in the month of December compared to November, leading...
