Kenya Airways Seeks Advice from ‘Restructuring Special Situations’ Expert
Kenya Airways has selected U.S. investment banking firm PJT Partners to advice on long-term capital-raising and the restructuring of its balance sheet, as it seeks to secure its survival after [...]
ATLAS to raise KES 500M ($5M) to fund Ethiopian Project, Share Price falls by 95% in one year
Few months after liquidating its Kenyan operations,ATLAS Ltd which is cross-listed in London Stock exchange the Nairobi Stock Exchange has announced its intention to raise approximately Ksh 505 Million( $5 [...]TransCentury moves to calm investors,Share price gains
TransCentury has placed an advert in the local dailies to reassure investors and shareholders of their ability to repay the Ksh 8 billion senior unsecured convertible bond which is due on 25th Next month. [...]Pump Prices go down!!!
Energy Regulatory Commission have reviewed pump prices and reduced them in line with global trends: Below is their press release statement first seen on their website: The Energy Regulatory Commission [...]HODLER MUST DO TO BE SUCCESSFUL
The crypto market is known for its volatility and unpredictability, which can be a real challenge for investors. However, hodlers are those who have managed to excel in this field. [...]Weekly Market Report; TransCentury Touches All-Time-Low
KENYAN MARKET The Week in Numbers Equity Market Equity markets were generally down during the week. The benchmark NSE 20 Index fell by 1.12% to 3,790.54 points. Trading was lower [...]CBK discloses Lending rates of all the 42 banks
The Central Bank of Kenya has decided to publish the average lending rates for various loan products by Commercials operating in the Kenyan soil as well as the overall average [...]Centum appoints Ex-PWC Director, Samuel Kariuki as CFO
Nairobi Securities Exchange listed Investment firm,Centum, has appointed a former Price-WaterhouseCoopers (PwC) Rwanda associate Director as its new chief finance officer (CFO) effective 15th February 2016. Samuel Kariuki has over 10 years in [...]TransCentury launches Pothole patching technology as Share Price hits lowest level since listing
Avery East Africa Limited a Transcentury subsidiary has partnered with UK's Velocity Group to launch a new pothole patching technology to take advantage of booming road maintenance business in Kenya. The technology sees [...]Low NSE Prices Potential Boon for Savvy Investors
Investors at the Nairobi Securities Exchange (NSE) are likely to make a significant gain in the coming months, according to market analysts. The reduction of the NSE 20 share index [...]US Congress calls for investigation into BAT Bribery Scandal
Eight US Congress members have called for a Department of Justice investigation into tobacco firm, BAT following allegations the company bribed officials and senior politicians in Africa to undermine UN [...]Centum Investment Company Analysis
History ICDC was founded in 1954 as a government parastatal, whose primary objective was to provide a vehicle for Kenyans to invest in the economy of newly independent Kenya by investing [...]
