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, in Nairobi, Kenya. The Forum was originally scheduled for April [...]
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. stock brokers, investment banks, fund managers etc. Now when a [...]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 by Bidco company to be given time to reply to [...]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. This is according to Kenya's Deputy President Mr William Ruto who visited [...]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, the Capital Markets Authority is seen to be slowing the [...]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 announcement by the parent company on its intention to cut [...]NSE Kenya To Link Trade To Africa’s Top Exchanges
Investors at the Nairobi Securities Exchanges will in the coming years begin to trade in securities in other three top exchanges in Africa without opening an additional trading account under a plan [...]NSE 20 Share Index Crosses 4000 Benchmark Point
Daily Market Report On March 24th 2016 The Nairobi Securities Exchange 20 Share index on Thursday gained by 0.24% to close above the 4,000 benchmark point to hit 4001.36 points [...]Nairobi Securities Net Profit dips by 4.5%, recommends Bonus Issue
The Nairobi Securities Exchange has reported a 4.5% drop in Profit After Tax of Ksh 305.6 Million versus Ksh 320 Million posted a year earlier as result of the reduced income [...]TransCentury Reaches settlement with Bondholders
Transcentury Group has reached an agreement with its majority convertible bond holders to reduce its debt from USD 80 Million to USD 40 Million,two days before the maturity date. TransCentury [...]Supplier moves to court, wants Uchumi winded up
A supplier by the name Ceccagnoli Italiano Limited has gone to court and wants Uchumi Supermarkets winded up and its assests sold so as to recover the amount Uchumi owes [...]Junior Investment Manager at PineBridge Investments
PineBridge Investments East Africa Ltd is a leading and respected investment management company with offices in Nairobi and Kampala. The company is looking to hire a skilled, highly motivated, ambitious [...]
