Homeboyz Entertainment Makes stock market debut
Kenya's stock exchange has announced that Homeboyz Entertainment PLC will on Monday 21st December list on the Growth Enterprise Market Segment (GEMS) of the exchange following approvals from the regulator. [...]
Weekly turnover at the NSE drops 23.2% to KSh 2.1 Billion
Available data shows that the Nairobi Securities Exchange(NSE) weekly turnover dropped 23.17% to KSh 2.06 Billion when the bourse closed on Friday. This is compared to a turnover of KSh [...]
Centum Real Estate Bond Raises KSh3 Billion
Centum Real Estate has managed to raise KSh3 billion from the recently issued bond, against the target of KSh4 billion. The bond attracted diverse investors including, banks, asset management firms, [...]
Kenya's Stock Exchange Gets Approval for OTC Platform to Allow Trading for Unlisted Companies
The Nairobi Securities Exchange has been granted approval by the markets regulator to launch the Unquoted Securities Platform (USP), an Over the counter (OTC) platform that offers unlisted companies access [...]Netflix Doubles Down on African Strategy, Appoints Strive Masiyiwa to Board
Netflix has appointed Zimbabwean billionaire and philanthropist Strive Masiyiwa to its board of directors. The appointment has come at a time when the company is looking to expand its African [...]Updated; Bitcoin surpasses $20,000 mark to hit new all-time high
Updated; The price of the world's most popular digital currency on Wednesday surpassed the $20,000 for the first time in history. On Thursday, Bitcoin rallied 14% to hit a new [...]
Trading during Earnings Season: A Guide
You want to trade stocks but dread the earnings season? Keep reading to find out what you need to know about the earnings season to understand how to take advantage [...]Kengen Further Delays Publishing Full-Year Results
Kengen has announced that it will further delay the release of its full-year financial results for the period that ended on 30th June 2020. In October, Kengen sought permission from [...]Derivatives market remains Lacklustre as NSE issues New Pricing
The derivatives market of the Nairobi Securities Exchange (NSE) had 20 single stocks futures contracts valued at KSh 304,100 transacted on December 15th, 2020. This drop of activity compares to [...]Markets Regulator to Cut Dominance of Foreigners, Big Firms at NSE
The Capital Markets Authority (CMA) has formed a team to address foreign investors' dominance at the Nairobi Securities Exchange (NSE) while it is also keen to address the concentration of [...]Podcast; Equiti Capital CEO Brian Myers Talks Online Trading in Africa
Once in a lifetime, there are events known as Black Swans that accelerate the changes to the society both from a cultural and business standpoint to the point where we [...]
Why SMEs have given the NSE a Wide Berth
Small and Medium-Sized Enterprises (SMEs) prefer banks, private equity firms, or venture capitalists when seeking cash to finance their operations. Despite the existence of cheaper, long-term funds that can be [...]
