Daily NSE-Kenya Market Report 16th Nov 2015
NSE 20 and NASI index gained 11.08 points and 0.41 points respectively to close at 3,928.71 and 143.73.While the NSE 25 Share Index gained 16.76 points to stand at 4142.45. [...]
JKUAT seals a Ksh 1.85 Billion Deal To Acquire ICEA Building
The ownership of the iconic ICEA building in Nairobi CBD is now in the hands of Jomo Kenyatta University of Agriculture and Technology (JKUAT) in a deal worth Ksh 1.85 Billion.In late February [...]Equity Bank Heeds to CBK Governor’s Call cancels Interest Rates hike notice
Equity Bank held a Media and Investor Briefing this morning. The major highlight was that the bank has nullified its earlier notice given to customers about increase in lending rates. [...]Banks submit Ksh 3.3 Billion to Unclaimed Assets Authority out of the total Ksh 5.1BN
The Unclaimed assets Authority has netted a total of Ksh 5.1 Billion from both the private and public institutions having closed the deadline for remittance.The amount is to be given [...]Cytton; Any delay in reopening of Imperial Bank erodes the little confidence left in the IBL brand
Cytonn Report On Friday CBK released a statement on the status of Imperial Bank’s expected reopening. The statement seemed to be blaming IBL’s shareholders for the delay in reopening the bank. [...]Bloomberg Nairobi EA Markets Reporter
Bloomberg in Nairobi is looking for a reporter to cover Kenyan and other EAC financial markets. Contact Paul at [email protected] Bloomberg is major global provider of 24-hour financial news and information [...]This Week; Cytonn Investments Market reccomendations
The below chart show Cytonn Investments weekly reccomendations on equities to Nairobi Securities Exchange Investors. EQUITY RECOMMENDATIONS – WEEK ENDED 13TH NOVEMBER 2015 No. Company Price as at 6/11/15 Price [...]STANLIB FAFARI I-REIT Change of IPO Timetable
Reference is made to the announcement issued by STANLIB Kenya Limited (the “Issuer” or “Promoter”) dated Thursday 22 October 2015 announcing the commencement of the offer for sale of 625,000,000 [...]French Stock Exchange Plans Normal Operations even as Paris Awakens From Attacks
Bloomberg; French stocks will trade without interruption Monday as investors come to terms with attacks that left at least 127 people dead in Europe’s worst terror incident in more than [...]Why Safaricom stock is a must have in your NSE Portofolio
Safaricom registered a 22.9% jump in Earnings Per Share to KES 0.45 against a market target of Ksh 0.80 per share. The impressive results were driven by a 14.9%y gain [...]GOK Could buy back at least 10% stake in Telkom Kenya from Helios
As from January 2016, The goverment of Kenya through the treasury will be in negotiations with Telkom Kenya's new majority shareholders,Helios Investments in an effort to increase GOK's shareholding in [...]Britam donates Ksh 5 million to support the Pope’s visit to Kenya.
Britam has donated Ksh 5 million to support the Catholic Church in preparing for the upcoming historic three- day visit of His Holiness Pope Francis to Kenya. The donation was [...]
