Reliance Jio Confirms Google's $4.5 Billion Investment
Reliance Jio Chairman Mukesh Ambani has confirmed that Google will invest $4.5 billion into the company's digital business. In today's annual general meeting, Ambani said that the search giant would [...]
3 Ways Betterment Helps You Invest
If you are investing money into stocks, retirement, and using a checking account, you may think you have a plan with your savings. Do you have a strategy? Is your [...]NSE Plc Pays KSh 0.08 Final Dividend to Shareholders
Shareholders of the Nairobi Securities Exchange (NSE) Plc have approved a first and final dividend of KSh 0.08 per ordinary share for the year ended December 2019. The dividend is [...]How to assess your risk appetite
The key to successful investing is understanding and managing various investment risks. Taking on too little investment risk means you may not achieve your financial goals, while taking on too [...]AfDB Invests $116 Million in Nedbank's SDG Linked Bonds
The African Development Bank (AfDB) has invested $116 Million in South Africa’s Nedbank SDG Linked bonds. Thebonds are under the green bonds segment at the Johannesburg Stock Exchange (JSE). [...]Nation Media Group to Lay Off Staff
Nation Media Group(NMG) has announced plans to reduce its workforce, beginning tomorrow Friday, 3rd July 2020. This is as the giant media house seeks to digitize its operations and develop [...]
NMG to Cut Jobs as it Digitizes
Nation Media Group(NMG) has announced plans to reduce its workforce as it seeks to digitize its operations so as to survive the negative effects of COVID-19 on the media industry. [...]Jubilee Holdings Buys a KSh4.2B Stake in Bujagali Energy
Jubilee Holdings Limited (JHL) has purchased an additional 9.44 percent stake in Bujagali Energy Limited from technical partners SN Power for KSh4.2 billion ($40 Million). Consequently, the transaction increases Jubilee [...]
South Africa Eyes Green Bonds to Fund Projects
South Africa is considering selling green bonds to drive private investment in its projects over the next decade. The Green bonds will help the country counter adverse economic effects caused [...]CMA Warns About Dominant Firms at The NSE
The Capital Markets Authority(CMA) has sent out an alarm over what it terms as the dominance of five listed firms at the Nairobi Securities Exchange(NSE). In its Q1, 2020 Soundness [...]CDC Partners With Rwanda Finance on Development of Kigali International Financial Center
UK's CDC Group has signed a partnership with Rwanda Finance, a move that seeks to support the development of KIFC (Kigali International Financial Center); a new international financial capital for [...]Amazon in Talks to Buy $2 Billion Stake in Bharti Airtel
The E-commerce giant, Amazon, is reportedly eyeing a $2 billion stake in Bharti Airtel, roughly 5% of the Company's current market value. The investment will not only boost India's digital [...]
