Tea Auction Records Slight Increase In Prices as Volumes Continue to Fall
Theweekly MombasaTea Auction held on 16th, 17th, and 18th May 2022 had 12.5 million kilograms of tea offered for sale. The amount on offer decreased from 13.1 million kilograms during [...]
NSE Daily Equity Turnover Declines to KSh 317m
The NSE Daily Equity Turnover declined marginally to KSh 317m from the previous sessions KSh 327m; the number of shares traded stood at 12m against 14m posted on Wednesday. NSE [...]
Podcast; Safaricom CEO Peter Ndegwa on 2022 Earnings, Ethiopia, M-PESA and the Future
Safaricom PLC on Thursday last week reported its full-year earnings for the period ended 31st March 2022. I had the opportunity to chat with the telco's CEO Peter Ndegwa where [...]
Car General Half-Year Net Profit Rise 36% to KSh 629M
Car General (Kenya) Limited Plc Net Profit for the first six months of the financial year ended March 2022 reached KSh 629 million from KSh 461 million in H1, [...]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 [...]
