Advice for New Investors to the Stock Market
Investing in the stock market sounds extremely appealing but a lot of new investors are put off by the jargon that goes with the territory. Investing in stock if done [...]
Kenya's Central Bank on alert to avoid volatility
The Central bank of Kenya says its on an alert to avoid volatility in the money forex markets.The regulator through a press release said its maintaining a close vigil on [...]Kenya Ethiopia sign oil pipeline deal after Uganda Upset
Kenya and Ethiopia aim to finalise plans by the end of 2016 for a refined oil products pipeline to be built from Kenya's north coast to the Ethiopian capital, the [...]CBK Auction Results; Yields On T-Bills Decline Further
182-Day 364 Day T-Bills-Wednesday 22 June 2016 The weighted average yield on Kenya's 182-day Treasury bill slipped to 9.239 percent at auction on Wednesday compared to 9.545 percent last [...]Fusion's D-REIT Goes Public
On Thursday, Fusion Capital opened the sale of its development real estate investment trust, commonly referred to as D-Reit, to the public at a price of KES 23 per unit for [...]IMF urges CBK to use interbank rate to manage volatility
The IMF recently released a report titled Monetary Policy Implementation and Volatility Transmission along the Yield Curve: The Case of Kenya. In this report, the IMF looks at the evolution [...]NSE 20 nears a 4-year Low, Turnover Down by 70% But KES very steady
The Nairobi Securities Exchange Market turnover dropped by 70.90% to Kes 372Million from yesterday's Kes.1.2 billion due to drop in volumes transacted caused by dip in trade on Equity Bank. Safaricom, [...]Nairobi Business Ventures shares Go Live, up By 60% on first Day..
Shoe vendor Nairobi Business Ventures trading as K Shoe today commenced trading on the Nairobi Securities Exchange's Growth Enterprise Market Segment (Gems). The company listed by introduction by offering 23.6 million shares [...]Central Bank Kenya has enough reserves to weather any Brexit Fallout- Governor
Kenya's central bank has enough foreign exchange reserves and funds available from an IMF standby facility to weather any fallout from a British referendum on whether to leave the European [...]Imperial Bank Depositors to access an extra Ksh 1.5 Mn via NIC Bank
NSE Listed lender NIC Bank has bee endorsed by the Central Bank of Kenya (CBK) and the Kenya Deposit Insurance Corporation (KDIC) in a joint agreement that will provide depositors of Imperial Bank Limited [...]Kenya Re acquires additional 4.4% stake in Zep-Re For Ksh 1.3 Billion
Business Daily Kenya Re has acquired an additional 4.44 per cent stake in Zep-Re for Sh1.3 billion raising the Nairobi Securities Exchange-listed firm’s interest in Zep-Re to 19.88 per cent from [...]IM Bank Q1 Net Profit Up By 15.8%
Nairobi Securities Exchange Listed Lender,IM Holdings has posted a 15.8% growth in net profit for the first three months of 2016 driven by expansion of its loan book which was up by 11.6% to KSh130.8 billion. [...]
