Global Markets; US Stocks, Didi Listing, Digital ruble Test Plan
US Stocks The United States stock markets closed mostly higher on Wednesday's session amid release of the latest economic which showed an improvement in the country's private sector. The Dow [...]
Family Bank Corporate Bond Begins Trading at NSE
Family Bank Limited, a lender with a growing retail customer base with a key focus in SME Banking, has today listed its corporate bond, marking the commencement of its trading [...]
TPS Eastern Africa to Offer 200 Million New Ordinary Shares in Rights Issue
TPS Eastern Africa, the owner of Serena Hotels plans to issue 200 million new ordinary shares through a rights issue after its shareholders passed a special resolution during the company's [...]
NSE Turnover up 4% to KSh 632.9 Million, NMG Top Gainer
The Nairobi Securities Exchange(NSE) Activity was upbeat on the first weekday of trading with an equity turnover of KSh 632.9 Million on a volume of 18.7 Million shares which exchanged [...]CMA Issues First Set of Licenses to 5 Coffee Brokers
The Capital Markets Authority has issued coffee brokerage licenses to 5 coffee brokers, allowing the brokers to trade coffee at the Nairobi Coffee Exchange (NCE) with effect from 1 July [...]Nation Media Group Kicks Off its Share Repurchase Programme
Nation Media Group (NMG) has begun Kenya's first share buyback programme at the Nairobi Securities Exchange(NSE). A share repurchase or buyback refers to when the management of a public company [...]Treasury Appoints Team to Implement CMA's Masterplan
Treasury Cabinet Secretary Ukur Yatani has appointed a steering committee to implement the Kenya Capital Markets Masterplan. This follows plans to make Kenya the heart of capital markets financing in [...]NSE Weekly Turnover up 42.5% to KSh 3.37 Billion
The Nairobi Securities Exchange(NSE) recorded a 42.5% increase in turnover to KSh 3.37 Billion at the close of the week ending 25th June 2021 from the previous week's KSh 2.67 [...]Kenya Collects US$1 Billion in its first Eurobond Sale in two years
Kenya raised US$ 1 Billion in its Eurobond sale in two years, an oversubscription in what the National Treasury described as a sign of enormous confidence in Kenya's economy and [...]Family Bank Bond Raises KSh 4.42 Billion, 147.3% Subscription
Family Bank bond has raised KSh 4.42 billion, a subscription of 147.3%, against a target of KSh 3 billion target. The lender has a green shoe option of KSh 1 [...]NSE lists Sasini Plc As Day's Top Price Gainer
The Nairobi Securities Exchange(NSE) had Sasini Tea and Coffee as the top price gainer when trading ended at the bourse this Tuesday, 15th June 2021. The listed agricultural firm had [...]NSE Equity Turnover Declines 74% to Close At KSh 303.3 Million
Nairobi Securities Exchange(NSE) recorded a 74% decline in turnover on the closing day, Monday 14th, 2021. A total of 11,188,400 shares were traded in 1,029 deals. Compared with the previous [...]
