Ethiopia to Reopen Bidding for Second Telecom Licence in August 2021, Including Mobile Money Rights
Ethiopia will reopen bidding for its second telecom licence later in August 2021, which will extend to the right to operate mobile money services in the country earlier not available [...]
NSE Weekly Equity Turnover down 10% to KSh 1.6 Billion
The Nairobi Securities Exchange(NSE) recorded a weekly equity turnover of KSh 1.6 Billion when trading ended at the bourse yesterday, a 10% decline from last week's turnover of KSh 1.8 [...]
NSE Equity Turnover Rises 48% to KSh 578.1 Million
Nairobi Securities Exchange(NSE) recorded an increase in Equity turnover to KSh 578.1 Million when trading ended at the bourse this Friday, 30th July 2021, compared to KSh 390.9 Million on [...]Treasury to Raise KSh 60 Billion Through Sale of Re-opened Long-Term Bonds
The national treasury is seeking to raise KSh60 billion through the auction of reopened 10-year and 20-year bonds according to a prospectus issued by the Central Bank today. CBK said [...]
CBK Expected To Hold Benchmark Rate at 7%, says analysts
The Central Bank of Kenya (CBK) top policy-making organ, the Monetary Policy Committee(MPC), is expected to have the Central Bank Rate (CBR) unchanged at 7% when it meets this Wednesday, [...]NSE Equity Turnover Plunges 76.5% to KSh 79.8 Million
Nairobi Securities Exchange( NSE) Equity turnover declined sharply on the first day of this trading week to KSh 79.8 Million compared to KSh 340.8 Million when the market closed on [...]CMA Partners with Mauritian Regulator to Strengthen Compliance
Kenya's Capital Markets Authority (CMA) has signed an agreement with the Financial Services Commission (FSC) Mauritius to strengthen compliance in the Kenyan and Mauritian capital markets. Through the partnership, the [...]NSE Weekly Turnover Up Slightly to KSh 1.84 Billion
The Nairobi Securities Exchange(NSE) recorded a 0.36% rise in Weekly turnover from KSh 1.83 Billion to KSh 1.84 Billion, with foreign investors dominating, accounting for 61.52% of total trades. Foreign [...]NSE lists East African Portland Cement as Day's Top Price Gainer
The Nairobi Securities Exchange(NSE) listed East African Portland Cement Company(PORT) as the top price gainer when trading ended at the bourse this Friday, 23rd July 2021, two consecutive times this [...]NSE Equity Turnover drops 56% to KSh 270.8 Million
The Nairobi Securities Exchange(NSE) recorded a turnover of KSh 270.8 Million at the end of this Thursday's trading session, a drop of 54% compared to the previous day. This was [...]Acorn Green Bond raises KSh 2.096 Billion, 146% Oversubscription
Acorn Green Medium-Term-Note (MTN) programme has closed the final tranche with the issuer raising KSh 2.1 Billion against a target of KSh 1.4 Billion, representing a performance rate of 146%. [...]Goldplat Plc to pay Shareholders after Sale of Kenya's Kilimapesa Mines
Goldplat Plc, a UK-based mining company with interests in South Africa, Ghana and Burkina Faso, has said it will pay royalties and surplus cash to shareholders as it nears completion [...]
