Investors lose Sh300bn in NSE’s ten-month bear run Investors in firms listed on the Nairobi Securities Exchange (NSE) have lost Sh300 billion since the beginning of the year following a slump that has seen the main index drop to a three-year low. The NSE 20 share…
Family Bank gets nod to issue Sh10bn bond in expansion plans Family Bank has received approval to issue a Sh10 billion bond as it seeks to fund its expansion plan. The mid-sized lender targets to issue the first tranche of the bond at the end of…
TransCentury stock value drops by 67pc since listing in 2011 TransCentury Limited shareholders have seen the value of their holdings in the company plummet by two-thirds over the past four years, a sign that the share may have been too optimistically priced during its listing by introduction. TransCentury was valued at…