Ethiopia is now closer to getting its own stock exchange with 50 companies
Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa on Wednesday signed a cooperation agreement to establish the Ethiopian Securities Exchange (ESX). Once established, the ESX will become [...]
CBK seeks KSh 10 Billion in May T-Bonds Tap Sale
The CBK is offering eligible investors an opportunity to participate in a tap sale of two fixed coupon 10-year and 25-year treasury bonds, worth a total of KSh 10 billion. [...]
NSE Equity Turnover Climbs 70.8% to KSh 537.9M
The NSE recorded an increase in daily equity turnover to KSh 537.9 Million on 16.1 Million shares sold this Monday, compared to a turnover of KSh 314.9 Million on 9.9 [...]CMA grants AKN an Investment Adviser License
The CMA has licensed AKN Investments Limited as an investment adviser under the Capital Markets Act and Regulations. The approval brings the number of investment advisors authorized by the Capital [...]JSE Launches New Data Analytics Platform
The JSE has announced the deployment of an online trading analytics platform for listed firms and exchange traded funds(ETFs). This software has been provided by big xyt, a global provider [...]NSE Weekly Turnover Rises 56% to KSh 2.8B
The NSE recorded an increase in Weekly Equity Turnover to KSh 2.5 Billion on 77.8 Million Shares compared to Turnover of KSh 1.4 Billion on 40.7 Million Shares posted the [...]NSE Approves 4 Securities to Trade as Single Stock Futures
NSE has approved four securities to trade as single stock futures and will be available from Monday, 16th May 2022. In a notice to shareholders, the NSE listed the securities [...]NSE to Hold 68th Shareholders Meet Next Month
The NSE will have its 68th Annual General Meeting(AGM) by electronic communication on 3rd June 2022. The AGM will, among other businesses, approve a second special dividend of KSh 0.50 [...]Why Buy Low and Sell High Isn't As Easy As It Sounds
Whenever I’m talking about investing in stocks to people (mostly beginners) I tend to ask them how they think they are going to make money in the stock market. The [...]
TPS Eastern Africa Cuts Net Losses to KSh 632.5M
TPS Eastern Africa Plc has reduced its net losses by more than half to KSh 632.9 Million at the end of 31st December 2021, compared to a net loss of [...]CMA Licences Three Fund Managers
The Capital Markets Authority (CMA) has issued licenses to African Alliance Kenya Asset Managers Limited, CPF Financial Services Limited and Kuza Asset Managers Limited to operate as fund managers in [...]
Sasini Plc Records a Jump in Net Profit to Ksh 421 Million Backed by Higher sales
Sasini Plc has more than tripled its net profit in the half-year ended March, to Sh421.3 million in the review period compared to Sh122.2 million the year before. The jump [...]
