5 Things You Should Know This Morning – Oct 18
Airtel cleared for regional mobile money transfer Airtel Kenya -through its parent firm, Bharti – is set to start cross border mobile money transfer services in Kenya, Tanzania, Uganda and Rwanda after receiving regulatory approvals from the Central Banks of the four countries. The first phase will be a pilot…
Oct 17 Closing Bell: Profit Taking Places Britam Among Top Decliners At The NSE
British American Investments Limited – Britam – (BRIT) ended today among the top losers at the Nairobi Securities Exchange (NSE). Its closing price was KES 28.00, a drop of 2.61% compared to Thursday’s price of…
Oct 17 Morning Bell: NIC Bank Among The Top Decliners At The NSE
Today at the Nairobi Securities Exchange (NSE): NIC Bank Limited (NIC) had shed 4.48% from yesterday’s closing price as at 11.15 am today. The lender was exchanging at KES 64.00 compared to Thursday’s close of KES…
5 Things You Should Know This Morning – Oct 17
Kenya Airways not to resume flights to West Africa Kenya Airways CEO designate Mbuvi Ngunze also denied reports carried in a section of the Liberian media, alluding to the resumption of suspended flights to Monrovia on Oct. 24. “We wish to clarify that the status quo remains until the government…
Oct 16 Morning Bell: Standard Media Group Among The Top Gainers At The NSE
The Nairobi Securities Exchange (NSE) as at 11.30 am today. The winners Olympia Capital Holdings (OCH), Standard Group Limited (SGL), Marshalls East Africa Limited (MASH) Longhorn Kenya Limited…
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…
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