Topic: Nairobi Securities Exchange
Govt urged to reinstate stamp duty exemption for real estate investment trusts
Apr 16, 2024 at 03:21 PM
Kenya's property sector is witnessing renewed lobbying efforts as the Capital Markets Authority (CMA) joins forces with Real Estate Investment Trusts (REITs) to reinstate a crucial...
NSE partners with First Future to launch a USSD-based platform for investors
Apr 05, 2024 at 03:06 PM
The Nairobi Securities Exchange (NSE) has partnered with First Future Limited to launch a USSD-based platform, "NSEasy", aimed at simplifying and streamlining the client onboarding...
Capital Markets Authority prioritizes domestic investors in new strategic plan
Apr 05, 2024 at 11:46 AM
In a bid to propel sustainable growth in Kenya's capital markets, the Capital Markets Authority (CMA) unveiled its ambitious 2023-2028 strategic plan, with a particular focus on ha...
NSE significant upgrade in FTSE Russell classification boosts investor confidence
Apr 02, 2024 at 01:09 PM
The Nairobi Securities Exchange (NSE) has received a significant boost after the FTSE Russell Index upgraded its classification from "Restricted" to "Pass" in March 2024....
World's largest asset manager BlackRock makes comeback to NSE after four years
Mar 26, 2024 at 01:29 PM
In a significant boost for the Nairobi Securities Exchange (NSE), global investment giant BlackRock has re-entered the Kenyan market after a four-year absence....
Development Bank of Kenya up for sale as State pushes privatisation agenda
Mar 25, 2024 at 11:49 AM
The Kenyan government is moving forward with its privatization agenda, announcing the sale of the Development Bank Kenya (DBK)....
Nyoro acquires 20 million TransCentury shares, surges to 4th top shareholder
Mar 22, 2024 at 08:45 PM
Ndindi Nyoro, has significantly expanded his portfolio on the Nairobi Securities Exchange (NSE) with the acquisition of 20 million shares in infrastructure company TransCentury Plc...
Why NSE recorded historic surge of Sh38.6 billion in investor wealth
Mar 15, 2024 at 08:42 AM
Nairobi Securities Exchange (NSE) witnessed a momentous surge of Sh38.6 billion in investor wealth on Thursday, marking a significant milestone with the most substantial single-day...
Treasury anticipates Sh7.7 billion dividend boost from Safaricom's interim payout
Feb 23, 2024 at 11:52 AM
In a significant financial development, the Treasury is set to receive a notable dividend boost of Sh7.7 billion, courtesy of Safaricom's announcement of an interim dividend payout...
Frank Mwiti appointed new CEO as NSE PLC announces leadership transition
Feb 20, 2024 at 04:14 PM
Frank Mwiti, a dynamic and accomplished business leader with a wealth of international experience, is set to take the reins as the new Chief Executive Officer of the Nairobi Securi...
NSE opens doors to a transformed bond market with hybrid trading platform
Feb 09, 2024 at 12:56 PM
The Nairobi Securities Exchange (NSE) has announced its receipt of approval to implement a hybrid fixed-income market, combining both onscreen and Over-the-Counter (OTC) trading, a...
Investor challenges CMA's 12-month extension of KQ share trading suspension
Jan 22, 2024 at 12:18 PM
The Capital Market Authority (CMA) is facing legal action from a shareholder, Mihr Samir Thakar, who has filed a petition challenging the recent decision to extend the suspension o...
Kenya Airways takeoff shakes as NSE extends trading suspension further
Jan 03, 2024 at 08:34 PM
Kenya Airways (KQ) faces an extended suspension of its shares at the Nairobi Securities Exchange (NSE) as the exchange announced a continuation of the trading halt for an additiona...
NSE kicks off 2024 with subdued trading activity continuing a four-year low streak
Jan 03, 2024 at 05:11 PM
The Nairobi Securities Exchange (NSE) kicked off the new year on an unexpected note, navigating uncharted waters as trading began with a four-year low....
Sanlam Kenya braces for 25 per cent profit plunge amid high interest rates
Dec 20, 2023 at 04:40 PM
Sanlam Kenya, a leading financial services provider in Kenya, has delivered a dose of reality to its shareholders, issuing a profit warning for the year ending December 31st, 2023....
Bear market deters three firms including Credit Bank from listing on the NSE
Dec 07, 2023 at 06:36 PM
In the face of a prolonged downturn on the Nairobi Securities Exchange (NSE), plans for three corporations, including Credit Bank, to debut on the bourse have been put on hold, rai...
Why Kenya has temporarily halted export by sea of a variety of avocados
Nov 01, 2023 at 12:47 PM
In an effort to safeguard its thriving avocado export industry, the Kenyan government has made the decision to temporarily suspend the sea export of certain avocado varieties, incl...
Safaricom completes acquisition of M-Pesa Holding Company from Vodafone
Oct 19, 2023 at 10:26 PM
Safaricom, has achieved a significant milestone with the completion of the acquisition of M-Pesa Holding Company Limited from its parent firm, Vodafone Group PLC....
NSE ranked worst performing in Africa
Oct 05, 2023 at 08:45 AM
Nairobi Securities Exchange (NSE) is the worst performing bourse in Africa in the first nine months of 2023, based on a ranking by Morgan Stanley Capital International (MSCI) Index...
Co-operative Bank gores KCB to become second most valuable lender on the NSE
Sep 29, 2023 at 10:53 AM
Co-operative Bank of Kenya has achieved a significant milestone in the financial world, surpassing the once-leading KCB Group to become the second most valuable lender on the Nairo...
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