NSE Market watch board during ringing of the bell ceremony at Nairobi securities Exchange in Nairobi on Friday, Sept 4, 2019. [Jonah Onyango, Standard] Most of them sought for stable returns amidst increased volatility in other securities during the pandemic. Investors at the Nairobi Securities Exchange (NSE) traded a record Sh690 billion in Treasury bonds […]
Billionaire investor Chris Kirubi has purchased an additional 5.75 million shares of Centum Investment Company with a current market value of Sh92.2 million, embarking on his goal of acquiring an extra 20 per cent stake in the Nairobi Securities Exchange-listed firm. The businessman announced on March 23 last year that he would build his stake […]
Sylvia Chahonyo, general manager at East Africa, GCR Ratings, chaired an Invest Africa webinar entitled ‘East Africa Outlook 2021’ to discuss the region’s experience over the last year, and its prospects moving forward The panellists shared their insights on the current and future state of the East African economy. (Image source: Invest Africa) Despite Covid-related […]
Centum Real Estate’s MD Samuel Kariuki. PHOTO | COURTESY | CentumRE Centum Real Estate Limited on December 16 last year closed the issue of the Ksh. 4 billion project bond with a green shoe option of KES2 billion. NSE Chief Executive Geoffrey Odundo said the ability of issuers such as Centum Real Estate Limited to […]
Centum Real Estate Company has listed its Sh3 billion project bond on the Nairobi Securities Exchange (NSE), allowing investors to trade the security before it matures in 2023. The listing will also help track the three-year bond’s performance, timely implementation of the projects and uptake. “The listing gives investors flexibility and more options to cash […]
KEY POINTS Safaricom is still the top mover of the day after selling 14.32 million shares followed by Equity Group with 5.83 million shares. Kenya Power and Kenya Re-Insurance sold 755,500 and 432,800 shares respectively. The top gainer of the day (Wednesday, January 27, 2020) was Centum Investments Limited with 5.92 percent at the price […]
KEY POINTS Top gainers of the day; Unga Group, Total Kenya, Crown Paints Kenya, Uchumi Supermarkets, and Umeme. Top losers were Trans-Century, Standard Group, Longhorn Publishers, Centum, and Carbacid. As the month of January snails to an end, Unga Group kicked off this week as the top gainer of the day with 8.29 percent at […]
NSE Market watch board during ringing of the bell ceremony at Nairobi securities Exchange in Nairobi on Friday, Sept 4, 2019. [Jonah Onyango, Standard] Most of them sought for stable returns amidst increased volatility in other securities during the pandemic. Investors at the Nairobi Securities Exchange (NSE) traded a record Sh690 billion in Treasury bonds […]
An elderly person receives a flu vaccine in Asuncion, Paraguay on April 15, 2020 amid coronavirus pandemic. PHOTO | AFP It is that time of the year again, when a good number of people firm up their investment decisions and align their goals to their social and economic expectations of the next 12 months. A […]
Ascent Capital managing partner David Owino. PHOTO | FILE Nairobi-based private equity firm Ascent Capital is seeking to raise a total of $120 million (Sh13.1 billion) from various investors through a new fund. The capital will be invested in small and medium-sized companies in the East African region. Ascent has already received an investment proposal […]
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