Market Report 14th March; Foreign Investors Dominate Trading
Market Report on 14th March 2016 NSE 20 index lost 0.14% to close at 3,953.13 points caused by higher cumulative decline on the representative counters than the gains while the Nairobi All [...]
Kenya's Domestic debt hits 1.6 Trillion
Kenya's February domestic debt rose by Ksh 100 Billion to a total of Ksh 1.6 Trillion Kenya's domestic debt has surged to Kshs 1.623 Trillion (16 billion U.S. dollars) as of [...]Slight Drop in Super Petrol and Diesel Prices as Kerosene's rises
Kenya's Energy Regulatory Commission has announced a slight drop in the cost of super petrol and diesel effective from 14th March to 15th April 2016. Super Petrol reduced by KShs 0.92 [...]Bamburi Cement FY Net Profit Up by 50% to Ksh 5.9 Billion
Nairobi Securities Exchange Listed Bamburi Cement has posted a 50.4% growth in Full Year 2015 Profit After Tax to Ksh 5.9 Billion driven by increased sales, investment income and foreign exchange gains. Highlights [...]Diamond Trust Bank Net Profit up by15.6% to Ksh 6.6 Billion,issues Bonus
Kenya's Diamond Trust Bank has posted Profit After Tax growth of 15.6% to KES 6.6 Billion. Highlights: Earnings Per Share was up by 4.2% to Ksh 24.42 Total assets increased by 28.8% [...]Crown Paints opens second Sh 400M Kisumu Factory
Nairobi Securities Exchange Listed Paint Maker, Crown Paints Ltd has opened its second factory in Kisumu at a cost of Kshs 400 Million. The factory is able to produce 1.2 [...]Investment Banking Jobs at Equity Investment Bank
Equity Investment Bank Limited (“EIB”) is a fully owned subsidiary of Equity Group Holdings Limited. EIB was launched in 2009 to support the ever growing advisory and funding needs of [...]Japan loans Kenya Ksh 41 Billion towards KenGen's Olkaria V Project
Kenya and Japan on Wednesday signed a Ksh 41 billion ($408 million) loan agreement to go towards building a 140 megawatt (MW) geothermal power plant that is expected to be operational within [...]Equity Bank Posts a 0.6% Increase in Profit After Tax to KES 17.3 Billion
Kenya's Equity Bank Group has posted a 0.6% increase in full-year 2015 Profit After Tax of KES 17.3 Billion from 2014's KES 17.2 Billion. Highlights Pretax profit rose to KES 24 Billion shillings [...]Market Report; Safaricom KenGen on the Rise
The market began the week with 23.26Million shares trading with a turnover of KES 525.08Million against Friday's 16.94Million and a turnover of KES 283.40. The NSE 20 Share Index lost by 1.54% to [...]Uganda's Central Bank Sells 58.6% of Imperial Bank To Exim Bank for KES 691 Million
Uganda's Commercial Banks regulator, Bank of Uganda (BOU) has sold all the 58.6% shares of Imperial Bank Uganda Limited to Tanzania's Exim Bank (Uganda) Limited for Ksh 691 Million (US$6.788 million) in [...]January Diaspora Remittances up by 19.9% to a record 13.8 Billion
Kenya's Central Bank has said the country's January diaspora Remittances have increased by 19.9% to Ksh 13.7 Billion (USD 137.5 million) compared to Ksh 11.6 Billion(USD 114.6 million) recorded in January 2015.This [...]
