Turnover at NSE up 10% to KSh 780.9 Million
Turnover at the Nairobi Securities Exchange(NSE) rose by 10% to settle at KSh 780.85 Million when trading at the bourse closed on Wednesday, December 2nd, 2020. This is on a [...]
Metropolitan Hospital Joins NSE Ibuka Program
Metropolitan Health Services, the company that owns Metropolitan Hospital, is the newest entrant into the Ibuka program by the Nairobi Securities Exchange. The NSE Ibuka program was launched in 2018 [...]
NSE Turnover Declines 57% to KSh 710.84 Million
Turnover at the Nairobi Securities Exchange( NSE) declined 57% to KSh 710.84 Million on a volume of 22.6 Million shares in 812 deals. Safaricom was the biggest mover at the [...]CMA to Review Investment Schemes Regulations
The Capital Markets Authority says it is reviewing the Collective Investment Schemes regulations to strengthen the industry and make it responsive to market dynamics. The markets regulator, with the help [...]Nairobi Business Ventures' Suspension from Trading Lifted
Investors can now trade Nairobi Business ventures shares at the Nairobi Securities Exchange following the lifting of the suspension from trading. The lifting of the suspension in the trading of [...]Weekly Deals Digest Nov 18 Nov 24
Consumer startups and companies led this issue of the weekly deals digest, with players like Nigeria's Autochek raking in $3.4 million in funding in Africa while India's CARS24 led emerging [...]
NSE Turnover Rises 6% to KSh561.86 Million
Turnover at the Nairobi Securities Exchange(NSE) stood at KSh 561.86 Million when trading closed at the bourse this Friday, 27th November 2020. This is compared to a turnover of KSh [...]Centum Posts Biggest Loss in its History
Centum Holdings has posted a half-year net loss of KSh 2 billion, the biggest loss in the company's history, and a huge shift from the KSh 6.8 billion net profit [...]Britam Holdings Issues Profit Warning for 2020
Britam Holdings has issued a profit warning informing shareholders that earnings for this year will be lower than 2019 earnings. Company secretary Nancy Kiruki says based on a preliminary [...]Carbacid, Aksaya Seek to Acquire 100% Stake in BOC Kenya
Carbacid Investments and Aksaya Investments have expressed interest in acquiring 100% ownership in BOC Kenya, a manufacturer and distributor of medical and industrial gases. Carbacid Investments is a leading producer [...]Turnover at NSE rises 63% to KSh 529.2 Million
Turnover at the Nairobi Securities Exchange(NSE) bourse edged up to KSh 592.2 Million on Thursday, 26th November 2020, compared to a turnover of KSh 324.02 Million, an increase of 63%. [...]KCB Inks Acquisition Deal For Atlas Mara's 2 Banks to Increase Regional Footprint
KCB Group PLC has signed a definitive agreement with Atlas Mara to acquire Banque Populaire du Rwanda Plc (BPR) and African Banking Corporation Tanzania (BancABC). The proposed transaction will increase [...]
