Kenya Considers Issuing Eurobond with Different Terms to Manage $2 Billion Bond Maturity
The Kenyan Government is considering issuing a Eurobond with varying terms to manage next year's maturity of its $2 billion, 10-year bond, according to the director of its debt management [...]
BAT Reports a Net Profit of KES 6.9 Billion in 2022
British American Tobacco Kenya plc (BAT Kenya) reported a net profit of KES 6.9 billion for the year ended 31 December 2022, a 6.3 per cent growth compared to the [...]
Olympia Capital Appoints Felix Kimanthi as New Group CEO
The board of Olympia Capital Holdings Limited has announced the appointment of Mr. Felix Kimanthi as the Group Managing Director and CEO. Mr. Kimanthi will succeed Mr.Alex Kimani, who has [...]NSE Amends Trading Regulations to Accommodate Block Trades
The Nairobi Securities Exchange (NSE) amended its trading regulations to accomodate block trades, aiming to boost market liquidity. A block trade is a large securities transaction privately negotiated and arranged [...]Unlock Global Investment Opportunities at Amalga's 1st Africa Investors summit Nairobi
Are you an institutional looking for new investment opportunities in global markets? Look no further than the upcoming Amalga Africa Investors Summit, hosted by Amalga Securities Limited on February 17th, [...]Kenya Airways Issues Profit Warning
Kenya Airways, the national carrier of Kenya, has issued a profit warning to its shareholders regarding its financial results for the current fiscal year. In a notice to the public, [...]
Diageo Gets regulatory approval to Acquire additional 14.97% Stake in EABL
Diageo, the London-based multinational alcoholic beverage company, has received regulatory approval to acquire an additional 14.97% of shares in its subsidiary, East African Breweries Plc (EABL). The offer, worth KES [...]The Top 5 ESG Stocks in 2022
ESG has become a popular topic globally and many investors, as well as companies, have started taking ESG rating as an important metric when it comes to analyzing the performance [...]
Kenyan stocks that have the highest dividend yield in 2022
Dividend-paying stocks are very popular with investors because they provide a regular, steady stream of income. Owning dividend-paying stocks is a great way for the average investor to build long-term [...]Best-performing stocks in the Nairobi Securities Exchange (NSE) in 2022
Several Kenyan stocks have had an outstanding performance this year despite many companies listed on the NSE experiencing negative Year to Date (YTD) returns. The consumer discretionary sector has had [...]Centum Announces Share Buyback Programme as 6-Month Loss Hits KES 1.6 Billion
Investment holding company Centum Plc has announced a share buyback programme which aims to purchase of up to 10% of the issued and paid-up share capital of the Company. The [...]Bamburi Cement Issue Profit Warning
Bamburi Cement has issued a profit warning saying it expects a drop of more than 25 per cent in net earnings due to a decline in demand for cement and [...]
