Bamburi, KenGen miss futures list on low cap

Nairobi Securities Exchange chief executive Geoffrey Odundo speaks during a past event. FILE PHOTO | NMG State-run Kenya Electricity Generating Company (KenGen ) #ticker:KEGN and Bamburi Cement #ticker:BAMB have been excluded from futures trading which went live Thursday after failing the minimum capitalisation test. Bamburi’s highest market valuation in the past year was Sh67.87 billion […]

EABL staff face layoffs

EABL plant at Ruaraka in Nairobi. Parent company Diageo plans to retrench more than 100 employees. FILE PHOTO | NMG London-based brewer Diageo, the parent company of East African Breweries (EABL) #ticker:EABL, is set to retrench more than 100 employees working at its business support centre in Nairobi, marking one of the latest large-scale layoffs […]

Offshoot market starts trading at NSE, promising diversified portfolios

The Derivatives Market is expected to help the country to consolidate its position as a leading financial services hub offering a wide variety of investments products/ COURTESY – NSE NEXT will enable market players to better diversify their portfolios, manage risk, and deploy capital more efficiently. Futures contracts also provide risk management tools in the […]

East Africa Cement Market: Government Initiatives, Rise in Construction Projects and New Investments oweing to Growth in this Market – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)– The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com’s offering. The East Africa cement market reached a volume of 15.5 Million Tons in 2018. The market is further projected to reach a volume of 23.4 Million Tons by 2024, growing at a […]

East Africa Cement Market (2018-2023): Industry Trends, Share, Size, Growth, Opportunity and Forecast – ResearchAndMarkets.com

Nov 15, 2018 11:25 UTC DUBLIN–(Business Wire)–The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com’s offering. The East Africa cement market reached a volume of 14.4 Million Tons in 2017. The market is further projected to reach a volume of 22.2 Million Tons by […]