INTL FCStone to introduce futures contracts for Kenyan Tea
A futures exchange is expected to be launched in Kenya in order to help farmers hedge against volatility of prices of such commodities. Representatives from the Kenyan tea industry, Nairobi Securities Exchange, [...]
Markets; Major Events Of The Week
Monday 20th Friday 24th June 2016 Monday 20th Kenya Re-Insurance Corporation Book Closure of a first and final dividend of KES 0.75/share CIC Insurance expected to make a dividend payment [...]This Week on the Frontier Markets -June 18th 2016
Two developments that frontier investors have been eagerly anticipating came at once this week. On Tuesday, index provider MSCI announced it will reclassify Pakistan from frontier- to emerging-market status. And on Wednesday, Nigeria’s central [...]World’s First Tea Futures Contracts May Be Started in Kenya
By: Adelaide Changole Kenya, the world’s biggest exporter of black tea, is considering introducing the world’s first futures contracts for the leaves to help stabilize prices and enable growers to [...]Tanzanian's stock exchange IPO oversubscribed nearly 5 times
The sale of shares in Dar es Salaam Stock Exchange (DSE) to the public was oversubscribed by nearly five times, the bourse said on Thursday. The DSE received bids worth [...]Stock Market flat as yields on 91 Day T-Bill falls further
Thursday 16 th June Market Commentary NASI and NSE 25 Share Index advanced 0.55% and 0.29% respectively as NSE 20 Share Index dipped 0.24% to close at 3789.94 points from [...]A-Z of Securities Market and Its products
Take control of your financial future with “A-Z of Securities Market and Its product” training on 21st June 2016 by the Nairobi Securities Exchange. Who should attend? This is a one day course [...]Centum Hits 8 Month High, Uchumi at An All Time Low, Kenya Power 10 Yr Low
Wednesday 15th June 2016 Market Commentary On Wednesday's Trading session, all Indices pointed were up with NASI, NSE 25 Share Index and NSE 20 Share Index advancing 0.74%, 0.65% and 0.40% [...]Uganda's Parliament accuses Kenya Airways Of Overcharging Ugandans
Kampala Uganda Parliament has accused Kenya Airways for over-charging Ugandans especially for the trip from Entebbe airport to Nairobi. Jinja West member of parliament Moses Balyeku has called upon [...]Yields Continue Falling!!! Latest Auction Results
Treasury Bills The yield on Kenya's 364-day Treasury bill fell down at an auction on Wednesday to 10.734 percent compared to 10.844 percent in the previous week. During the same [...]Telkom Kenya's new owner Helios sets up real estate division
Helios Investment Partners, the new majority shareholder of Telkom Kenya, has set up a real estate division to tap into the telecom company’s Sh13 billion prime property holdings, Aldo Mareuse the new [...]Kenya T-Bill Yields hit a 3-Yr Low, Strong Demand for Govt Paper
Yields in Kenyan Treasury bills have dropped to three-year lows as the collapse of three banks within nine months has prompted lenders and pension funds to seek out the relative safety of [...]
