CMA Grants Approval for Acorn's Student Accommodation REITs
The Capital Markets Authority has given approval to Acorn to issue Student Accommodation Development Real Estate Investment Trusts and Income Real Estate Investment Trusts. The investment instruments will be offered [...]
Cytonn Investments Locked in an Insolvency Petition
Cytonn Investments Management Limited Plc is facing a legal hurdle with The High Court's Commercial and Admiralty Division, sitting in Nairobi, set to hear a petition for the Insolvency of [...]
How Covid-19 changed Online Trading what 2021 has in store
The recent cover of Time magazine labels 2020 ‘The Worst Year Ever’. On so many levels, that is impossible to deny, with the global pandemic taking lives and profoundly damaging [...]
Nation Media Group Gets CMA Approval for Bonus Shares
Kenya's Capital Markets Authority and the Nairobi Securities Exchange have approved Nation Media Group's issuance of 18.85 Million bonus shares following after shareholder approval earlier at the company's AGM held [...]
NSE turnover rises 657% to KSh 659.7 Million
Nairobi Securities Exchange (NSE) posted an increase of 657% in turnover to KSh 659.7 Million when trading at the bourse ended today, 8th December 2020. This level is compared to [...]Tullow Oil's Exploration License in Kenya Extended
Tullow Oil's exploration license in Kenya has been extended to 2021. The UK based oil and gas exploration and production company has interests in over 70 exploration and production licenses [...]Foreign Investors Push up Activity at the NSE
The Nairobi Securities Exchange (NSE) recorded increased turnover, activities at the bourse mainly driven by increased foreign investor buying on the large-cap counters such as Safaricom, BAT, EABL, and the [...]NSE Turnover Remains Steady at KSh 1.1 Billion
Turnover at the Nairobi Securities Exchange(NSE) rose marginally from KSh 1.08 Billion to KSh 1.09 Billion when trading closed at the bourse this Friday, 4th December 2020. The volume of [...]CBK's Treasury Bill Auction Raises KSh 9.9 Billion
The Central Bank of Kenya( CBK) Weekly Treasury Bills auction raised KSh 9.9 Billion out of the KSh 24 Billion that was on offer, a 45.5% performance rate. This subdued [...]Centum Real Estate's KSh 4 Billion Bond Wins CMA's Approval
The Capital Markets Authority has given the approval for Centum Real Estate to issue a KSh 4 Billion bond to finance ongoing housing projects in Kenya. Centum Re, a subsidiary [...]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 [...]
