Bamburi Cement trucks collect cement from a silo. Bamburi Cement has announced its entry into the specialised mortar sector by launching a ready-to-use tile adhesive. Designed for placement of porous tiles including ceramic, terracotta, earthenware and natural stone tiles, the new adhesive – Bamburi TectorCeram SETI 300 is produced from locally sourced raw materials. Speaking […]
Devki Group of Companies Chairman Narendra Raval (Guru). [David Njaaga, Standard] Mr Narendra Raval sat in his car, silently brooding over the unflattering turn of events. On a dreary October morning, some pesky security guards had uncharacteristically plucked up the courage to block the tycoon from accessing his new property, a cement grinding plant in […]
An employee makes notes in front of an electronic stock information screen inside the Nairobi Securities Exchange Ltd. (NSE), in Nairobi, 2015.[Riccardo Gangale/Bloomberg] For investors, Mwai Kibaki’s transformative ideas in the capital markets between 2002 and 2013 will surely outlive him. President Kibak i was many things to different people, but an admirable economist to […]
Preparations for IFRS 17 have been completed by 37 percent of global insurers. PHOTO | FILE Insurance Contracts IFRS 17 was issued by the International Accounting Standards Board in May 2017 as replacement for IRFS 4 Insurance Contracts. The reporting standards require an updated measurement model where estimates are re-assessed in each reporting period. The […]
Africa remains the biggest driver of Kenya Airways’ #ticker:KQ revenue, highlighting the important role that the regional countries play in keeping the carrier afloat. Industry data indicates that the airline earned Sh38 billion in revenue from its operations in Africa last year, which was a significant rise from the Sh27 billion that was realised in […]
Nairobi — The Nairobi Securities Exchange(NSE) has sent its heartfelt condolences to the friends and family of Mwai Kibaki, who served as Kenya’s third president from December 2002 to April 2013. The NSE Board Chair Kiprono Kittony noted that Kibaki’s contributions as Minister of Finance, Vice President and thereafter President, saw the steady growth of […]
The upward review of the federal rate in the US and the ongoing rift between Russia and Ukraine dealt a blow to trading at the Nairobi Securities Exchange (NSE) in the first three months of the year. According to the Capital Markets Soundness Report for a period between January and March, market capitalisation at the […]
NAIROBI, Kenya April 25-The Russian invasion on Ukraine coupled with the upcoming election jitters saw the Nairobi Securities Exchange shed off Sh117billion in the first quarter of 2022 as investors sought safer investments, a new report by the Capital markets Authority shows. The Capital Markets Authority(CMA) Quarter Four Soundness Report released Monday shows that investor […]
CMA Chief Executive Wycliffe Shamiah. [File, Standard] The Capital Markets Authority (CMA) is set to licence Special Purpose Acquisition Companies (SPACs) to unlock a decade-long drought of public offerings at the Nairobi bourse. CMA Chief Executive Wycliffe Shamiah said in Nairobi yesterday the regulator is reviewing regulations on public offers, listing and disclosures as well […]
A client using mobile money service M-Pesa. Ethiopia’s central bank has drafted a Bill that will allow foreign investors to offer mobile money services, boosting firms such as Safaricom that are seeking to start operations in the country this year. PHOTO | FILE | NMG A consortium led by Safaricom last year secured the first […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.
We would like to show you notifications for the latest news and updates.