An Intro To Trading Psychology | 5 Tips
I want to introduce you to an important topic; the trading Psychology in the Financial Markets. We often experience so many emotions, such as fear, greed, FOMO etc., when investing, [...]
What are Exchange Traded Funds (ETFs) and How to Invest in One
An exchange traded fund, or ETF, is a basket of assets including stocks, bonds, commodities or currencies, where Investors can buy a share of that basket, just like buying shares [...]Regulator Approves New Unit Trust Funds, FX Broker
Kenya's Capital Markets Authority (CMA) has granted consent to Etica Capital Limited for the registration of the Etica Unit Funds. The regulator has also has issued a license to Ingot Africa Limited to operate as a non-dealing Online Foreign Exchange Trading broker. The approval of Ingot brings the number of licensed online forex trading brokers to eight. The CMA Chief Executive Officer Mr. Wyckliffe Shamiah said, ‘‘The Authority encourages Kenyans interested in online forex trading to participate through the licensed online forex trading only to ensure they are protected. We continue to grow the pool of licensed entities due to the growing interest in online forex trading.’’ On the other hand, the Etica Unit Trust Funds approved include a money market fund, a fixed Income fund, a wealth fund, and a shariah fund. READ; Forex brokers flock [...]
Acorn Holdings To Redeem KES 800 Million of Its KES 5.7 Billion Green Bond
Acorn Holdings, through its subsidiary Acorn Project (Two) LLP, has announced its intention to exercise an early redemption option of KES 800.2 million of its KES 5.7 billion green bond, [...]Safaricom To Restructure Into a New Holding Company
Kenya's largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. [...]Kenya Shilling Hits New Low of 120.93 against the Dollar
The Kenya Shilling has continued to tumble against the US dollar, racing towards the 121 mark on Thursday, which could result in much higher cost of living. The shilling exchanged [...]Diageo Plc Makes KES 22.7 Billion Offer to Acquire Additional 15% Stake In East African Breweries (EABL)
London headquartered multinational alcoholic beverage company Diageo plc has made an offer worth KES 22.73 Billion to acquire additional shares in its subsidiary East African Breweries Plc (EABL). The offer [...]
A New Dawn At The NSE: What Would It Take To Revitalize The NSE?
On March 28, 2008, barely months after the post-election violence and at a time when Kenya was going through peace and reconciliation, the best son of the NSE for the [...]
Mpesa Expected To Split from Safaricom: The Split Explained
In 2021, Gem MP Elisha Odhiambo proposed the Kenya Information and Communications(Amendment) Bill to address concerns that Safaricom had become too big. This is through its dominant market share in [...]Is Credit Suisse On the Verge of Collapsing?
Credit Suisse Bank CEO memo, intended to flicker some hope about the struggling major bank, did not go well. At a time when the CEO and other top leaders are [...]Daily Markets Update: 30th September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 129.02, shedding 1.59%. The index has returned -22.49% year to date. The current 52-week range is 116.88 [...]
Daily Markets Update: 29th September 2022
Nairobi Securities Exchange The Nairobi all-share index closed the previous trading session at 131.11, shedding 0.28%. The index has returned -21.24% year to date. The current 52-week range is 116.88 [...]
