BOC Kenya is Top Price Gainer as Speculators eye Takeover Bid
BOC Kenya Plc climbed to top price gainer when trading ended at the Nairobi Securities Exchange(NSE) on Thursday, 15th April 2021. With a Market Capitalization of KSh 1. 31 Billion, [...]
Imperial Bank Board Members Face Enforcement Proceedings Over Oversight Failure
Kenya's capital markets regulator on Wednesday said it had started enforcement proceedings against the former board members of the collapsed Imperial Bank over their failure to perform the oversight role [...]
EPRA fails to Adjust Upwards the April-May Fuel Pump Prices
The Energy and Petroleum Regulatory Authority(EPRA) has retained Diesel, Petrol and Kerosene's price in the period between 15th April and May 14th, 2021. This is despite an increase in the [...]NSE Turnover Declines 35% to KSh 499 Million
Nairobi Securities Exchange(NSE) recorded a turnover of KSh 499 Million, a 35% decline from KSh 770.6 Million posted this Tuesday, 13th April 2021. TransCentury Plc was the day's top price [...]Coinbase Listing Price Set at $250, Pre-Listing Futures Soar
Coinbase Global, the company that owns Coinbase, one of the world's largest cryptocurrency trading platform is set to list on the Nasdaq exchange today at a listing price of $250.00 [...]
Kenya's Forex Reserves Climb to Highest Level Since February
Kenya's foreign exchange reserves rose to the highest level in nearly two months, supported by increased foreign currency inflows, according to data released by the Central Bank. The reserves climbed [...]NSE Weekly Turnover Declines 35.3% to KSh 2.06 Billion
The Nairobi Securities Exchange(NSE) Weekly turnover fell by 35.26% to KSh 2.06 Billion. This is compared to KSh 3.18 Billion transacted the previous week. This subdued performance is attributed to [...]Kenya Shilling Strengthens on Impending IMF Disbursements
The Kenya Shilling has gained ground against the US Dollar over the past few days. This is as forex markets react to sentiments concerning an impending disbursement, in tranches, of [...]Eliud Kipchoge First Set of NFTs Fetch over $37,000
The auction of the first set of Eliud Kipchoge's non-fungible tokens (NFTs) closed on Thursday 23.00 Kenyan time and was sold for a total of 17.9837 in Ethereumcurrency, equivalent to [...]
Kenya's NSE Acquires 4% Stake in Dar Stock Exchange
The Nairobi Securities Exchange (NSE) has disclosed that it has acquired a 4 per cent stake in the Dar es Salaam Stock Exchange citing strategic reasons. Back in 2017, we [...]
Economy To pick Up in Two months, CBK survey
A survey by the Central Bank of Kenya (CBK) has indicated that reopening of the economy with the easing of restrictions after the COVID-19 closures and resumption of near-normal business [...]New faces join the CDSC Kenya Board of Directors
Mrs Aida Kimemia-Nesbitt is the new Board Chairperson of Central Depository and Settlement Corporation (CDSC), with effect from April 1st, 2021. CDSC provides automated clearing, delivery, and settlement facilities regarding [...]
