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 [...]Ethiopia Seeks Foreign Investors for a 40% Stake in Ethio-Telecom
The Ethiopian government is inviting international investors to express interest in its telecommunications company, Ethio-Telecom. According to a statement issued by the ministry of finance, Ethiopia is now ready to [...]NSE Weekly Turnover Plunges 53.6% to KSh 2.32 Billion
Nairobi Securities Exchange (NSE) recorded a 53.6% decline at the close of last week to KSh 2.32 Billion. This is against a turnover of KSh 4.99 Billion recorded the previous [...]Safaricom led consortium signs Ethiopia Licence Agreement
Safaricom-led consortium dubbed “Global Partnership for Ethiopia” has signed a licence agreement with the Ethiopian Government after being announced as the winner of one of the two telecom licenses that were [...]
CBK Collects KSh 22.9 Billion from Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted bids worth KSh 22.9 Billion from the weekly Treasury Bills Auction out of KSh 38.9 Billion received from investors, an oversubscription of 162.5%. The [...]
