National Bank of Kenya issues a Late profit warning, Shares dip to 11-Year Low
Kenya's National Bank issued profit warning on Wednesday, saying its 2015 earnings will fall by at least 25 percent hurt ...
Foreign Investors Dump Nigeria for Nairobi & Johannesburg Exchanges
The expectations that Nigerian equities market will rebound soon may be dashed as some of the foreign investors, who left ...
Africa’s Youngest Billionaire says he is interested in Barclays Bank Kenya & Tanzania
The 40 year old Tanzanian tycoon Mr Mohammed Dewji has announced in an interview on March 24 in the American ...
London Stock Exchange forms an Advisory Group to cater for the African Markets
The London Stock Exchange, the company that manages the UK financial market based in London, announced the establishment of an ...
Top International Business Leaders to Meet in Nairobi for Frontier 100 Forum
African and global business leaders will gather for the Initiative for Global Development’s Spring Frontier 100 Forum on May 13-14, ...
A Fund Manager who made Impressive Topline Performance in 2015
In conducting a post-mortem of the markets, 2015 was a tough year in the markets especially for market intermediaries i.e. ...
Bidco Moves to court, blocks Uchumi Bankruptcy case over unpaid arrears
The Monitor Kampala — The hearing of Uchumi's bankruptcy petition filed at High Court on Wednesday flopped following a request ...
Gov’t to inject Ksh 3 Billion into Mumias via rights issue, Share Price hits all time low
The National government will give Mumias Sugar Company Ksh 3 Billion to ensure its workers and farmers are paid on time. ...
Nairobi Securities Pushes derivatives Launch to June
The Nairobi Securities Exchange has now pushed the much anticipated derivatives exchange to June citing in-adequate preparations from other market players for the product. Furthermore, ...
“We are not for Sale” Declares Barclays Bank of Kenya
Barclays Bank of Kenya has a issued a statement rubbishing rumors that it wants to sell the Kenyan unit. Following the ...