5 Things You Should Know This Morning – Oct 16
CIC Insurance corporate bond begins trading at NSE CIC Insurance Group Corporate Bond began trading yesterday at the Nairobi bourse. The insurer announced it would take up the whole KES 6.34 billion realized from the issue, which was oversubscribed by 111% over the initial KES 3 billion. […]…
Oct 15 NSE Closing Bell: East African Cables Among Top Gainers On Dividend Announcement
.East African Cables Limited (CABL) was among the top gainers today on the Nairobi Securities Exchange (NSE). The cable manufacturer yesterday announced an interim dividend of KES 0.50 per share. The dividend will…
Oct 15 Morning Bell: BAT Hits KES 1000 Again At The NSE
British American Tobacco Kenya Limited (BAT) was trading at KES 1000 as at 11.15 today on the Nairobi Securities Exchange. This was the second time the share has hit its all time high. The…
5 Things You Should Know This Morning – Oct 15
American Express And Equity Bank To Launch The First American Express Cards In Kenya Today Today from 7.30 am Equity Bank Limited (EQTY) and American Express will launch the first American Express branded cards in Kenya. The venue of the launch will be at…
American Express And Equity Bank To Launch The First American Express Cards In Kenya Tomorrow
Tomorrow morning, Equity Bank Limited (EQTY) and American Express will launch the first American Express branded cards in Kenya. The venue of the launch will be at Equity centre, 9th floor, Upper Hill, Nairobi. The bank will be the sole issuer of American…
Oct 14 Closing Bell: Electricity Firms KPLC And Kengen Among Top Losers
Today on the Nairobi Securities Exchange. The Kenya Power & Lighting Company Limited (KPLC) and Kenya Electricity Generating Company – Kengen- (KEGN) were among the top five losers. KPLC is the sole power distributor in Kenya. Kengen is the largest power producer…
Oct 14 Morning Bell: Olympia Attempts Rebound Currently Top Gainer At The NSE
An update on how companies listed on the Nairobi Securities Exchange (NSE) had performed as at 11.30am today. The winners Olympia Capital Holdings (OCH), Kenya Orchards Limited (ORCH),Total Kenya Limited (…
5 Things You Should Know This Morning – Oct 14
KenGen drives Kenyan shares higher, shilling steady The benchmark NSE-20 share index rose 0.6% or 30.81 points, to close at 5,311.27. KenGen, which is expected to release its earnings results this week, rose 6.9% to close at Sh 12.40. On the foreign exchange market, the shilling closed at 89.15/89.25 to the dollar, slightly weaker than…
Oct 13 NSE At Noon: Olympia Down 71% Exchanging At KES 2.50
An update on how companies listed on the Nairobi Securities Exchange (NSE) had performed as at 12.15pm today. The losers Olympia Capital Holdings (OCH), British American Tobacco Kenya (BAT), Longhorn Kenya Limited (…
5 Things You Should Know This Morning – Oct 13
London firm seeks Nairobi listing as it eyes oil boom Guernsey-based oil sector services firm Africa Oilfield Logistics plans an NSE listing with an eye on the promising Kenya upstream oil sector. The operator, which is focused on logistics support for upstream oil and gas exploration in sub-Saharan Africa, is…
19 Easy Tips That Will Make You The Next Millionaire
Starting with #1: 1. Buy The Things That You Need Not until you are a millionaire can you buy goods or procure services that you can do without. Until then, you need to prioritise your purchases. 2. Spend Less Than You Earn This is so that you can have…
Oct 10 Closing Bell: BAT Is The First Share To Hit KES 1000 At The NSE
At the ringing of the final bell, British American Tobacco Kenya Limited (BAT) was exchanging at KES 1000. This is the highest price any share has ever exchanged at, on the Nairobi Securities Exchange (NSE). Limuru Tea Limited (…
5 Things You Should Know This Morning – Oct 10
Electricity costs drop on 210MW injection The decline follows the injection of 210 megawatts of geothermal power into the national grid, with 140 megawatts added to the grid in late July and the second tranche of 70 megawatts on September 16. Electricity prices are expected to drop by about 7.8…
10 Kenyans Named Among Top 100 Youngest And Influential African Economic Leaders
Kenyans made up 10% of the Choiseul 100 Africa rankings. The Choiseul 100 Africa is an annual study carried out by the Paris based Institut Choiseul. It identifies and ranks the young African leaders of 40 years old and under, who will play a major role in the development of Africa in the near…
Oct 9 Closing Bell: BAT Leapfrogs Limuru Tea As The Priciest Share At The NSE
At the end of the day today, British American Tobacco Kenya (BAT) was exchanging at KES 942.00, making it the most expensive share at the Nairobi Securities Exchange. It overtook Limuru Tea (LIMT) which had no shares exchanged today.
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