Topic: Nairobi Securities Exchange
Sh34 billion wiped out of NSE as Gen Z protests spark investor jitters - Report
Nov 01, 2024 at 08:12 PM
A new report from the Capital Markets Authority has laid bare the financial toll of Kenya’s recent social unrest, revealing that investors at the Nairobi Securities Exchange (NSE...
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HF Group secures Sh6 billion rights issue approval from CMA in ambitious strategy
Oct 28, 2024 at 12:37 PM
HF Group Plc has received the green light from the Capital Markets Authority (CMA) for a substantial Sh6 billion capital raise through a Rights Issue, a pivotal step in the Group�...
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Kakuzi posts Sh507 million pre-tax profit amid macadamia market recovery
Aug 21, 2024 at 02:31 PM
Kakuzi Plc, a prominent Kenyan agri-business and superfoods producer, has posted an impressive pre-tax profit of Sh507 million for the half-year ending in 2024....
Nairobi Securities Exchange experiences divergent trends in Q2 2024
Jul 23, 2024 at 11:26 PM
The Nairobi Securities Exchange (NSE) presented a mixed performance during the second quarter of 2024, as detailed in the latest Capital Markets Authority (CMA) Quarterly Statistic...
Amsons Group faces Sh682m break-up fee should its Bamburi Cement bid flop
Jul 18, 2024 at 09:46 PM
Tanzanian conglomerate Amsons Group has outlined a Sh682.7 million ($5.31 million) break-up fee should its proposed acquisition of Nairobi Securities Exchange-listed cement manufac...
TZ’s Amsons Group sets historic record with bid to acquire Bamburi Cement
Jul 11, 2024 at 02:27 PM
Amsons Group, a renowned Tanzanian conglomerate, has made a landmark move in East African trade relations by issuing a binding offer to acquire up to 100 per cent of Bamburi Cement...
NSE faces rocky streak as BlackRock announces exit from emerging markets
Jun 16, 2024 at 03:05 PM
The Nairobi Securities Exchange (NSE) faces a potential setback as American investment giant BlackRock Inc. announced its exit from emerging and frontier markets, including Kenya....
Co-operative Bank rewards shareholders with Sh8.8 billion dividend payout
Jun 11, 2024 at 01:38 PM
Co-operative Bank (Co-op Bank) shareholders received a welcome windfall on Monday with the announcement of a Sh8.8 billion dividend payout....
Troubled Eveready EA pursues Sh160 million loan lifeline from shareholder
Jun 06, 2024 at 12:16 PM
Eveready East Africa Plc, a publicly traded entity on the Nairobi Securities Exchange, is seeking a Sh160 million loan from one of its existing shareholders....
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Stanbic grapples with income decline despite 2.7 per cent profit inch up in Q1
May 10, 2024 at 02:07 PM
Stanbic Bank Kenya, the cornerstone subsidiary of Stanbic Holdings on the Nairobi Securities Exchange, witnessed a significant decline in its operating income despite posting a 2.7...
CMA expands regulatory reach to include alternative investment funds
May 07, 2024 at 06:59 PM
The Capital Markets Authority (CMA) of Kenya has taken a significant step towards bolstering investor protection and fostering economic growth through the introduction of regulatio...
Car & General locked in a fresh Sh468 million tax dispute with KRA
May 06, 2024 at 09:58 AM
Car & General (C&G), a diversified Kenyan firm listed on the Nairobi Securities Exchange (NSE), is embroiled in a tax dispute with the Kenya Revenue Authority (KRA). The co...
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...
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