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Nairobi stock market valuation falls below the Sh2 trillion mark

Nairobi stock market valuation falls below the Sh2 trillion mark Shareholder wealth at the Nairobi Securities Exchange slipped below the Sh2 trillion mark Thursday as large counters recorded price drops. The drop in share prices has created good bargains for investors looking to enter the market.
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CfC Stanbic sees a rise in corporate bond issuance

CfC Stanbic sees a rise in corporate bond issuance Standard Bank of South Africa majority-owned CfC Stanbic expects an increase in corporate bond issues in the coming year. The bank projects an increase from this year’s issuance of about Sh14 billion, which is lower than previous…
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Airtel threatens exit over Safaricom ‘dominance’

Airtel threatens exit over Safaricom ‘dominance’ Telecommunications firm Airtel could exit the Kenyan market if new regulations are not passed to curb Safaricom’s dominance, its chief executive Adil El Youssefi said on Tuesday. Mr Youssefi said “anti-competitive behaviour” by the market leader had condemned competitors to…
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