2021 seems to be a good year for banks listed on the Nairobi Stock Exchange

2021 seems to be a good year for banks listed on the Nairobi Stock Exchange

(Ecofin Agency) – After the bad year 2020 marked by the covid-19 pandemic, 2021 seems to bring fresh air to the Nairobi Securities Exchange. Analysts on the Cytonn Investment, a local investment firm, said the banking sector’s performances are expected to improve in the mid and long terms. The sector’s revenues, which grew by 16.1% […]

E-beauty firm eyes Nairobi Securities Exchange listing

E-beauty firm eyes Nairobi Securities Exchange listing

Online beauty store BeautyClick has announced its intention to list at the Nairobi Securities Exchange (NSE). The firm’s shareholders recently approved the move to raise new equity aimed at the commercialisation of its beauty product offerings, strengthening its e-commerce platform and accelerating growth in Kenya and the region. The approval included a directive to start […]

Africanhair PLC announces intentions to list on Nairobi Securities Exchange

Africanhair PLC announces intentions to list on Nairobi Securities Exchange

Africanhair PLC, trading as BeautyClick, a beauty e-commerce company has announced its intention to raise new equity by listing at the Nairobi Securities Exchange. Founded in 2016 by Danish investors, BeautyClick is a pioneering beauty e-commerce company that has grown to be the leading online retailer in Kenya’s beauty industry. The company, incorporated in Kenya, […]

Nairobi Securities Exchange seeks sale of State stake in Safaricom, KPA

Nairobi Securities Exchange seeks sale of State stake in Safaricom, KPA

The Nairobi Securities Exchange (NSE) has stepped up its push for the sale of additional government stake in Safaricom and cash-rich parastatals like Kenya Ports Authority (KPA) to cut the State appetite for expensive loans in the short term. The NSE chief executive Geoffrey Odundo told Parliament Tuesday that the State has the potential to […]