Kenya’s biggest banks are the key to further gains for the benchmark Nairobi stock index this year as investors bet on the nation’s recovery from the pandemic, according to EFG Hermes Kenya. The Nairobi All Share Index has gained 16% in 2021 to the highest in more than three years. Expectations that the central bank […]
Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]
BC-Kenyan-Bank-Stocks-Set-to-Drive-Market-Gains-EFG-Hermes-Says , Eric Ombok (Bloomberg) — Kenya’s biggest banks are the key to further gains for the benchmark Nairobi stock index this year as investors bet on the nation’s recovery from the pandemic, according to EFG Hermes Kenya. The Nairobi All Share Index has gained 16% in 2021 to the highest in more than three […]
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ Trading activities at the Nairobi Securities Exchange improved to the highest level in six weeks, recording a turnover growth of 42.5 per cent in the week ended June 25. Weekly data from the Central Bank shows turnover at the Nairobi bourse rose to […]
Wigwe wins award twice in a row Ecobank, FBNQuest Merchant Bank recognised in top categories Herbert Wigwe, group managing director and chief executive officer of Access Bank, has been named African Banker of the Year at the 2021 African Banker awards. It is the second year in a row the Access Bank group CEO would […]
Equity Group Board Chairman, Prof. Isaac Macharia (left) and Equity Group Managing Director and CEO, Dr. James Mwangi (right) review the 2020 Integrated Report and Financial Statements during Equity Group Holdings Plc’s 17th Annual General Meeting. [Courtesy] Equity Group Holdings Plc shareholders has passed resolutions to reinforce the governance structures of the Group, continue to […]
Equity Group Holdings Plc shareholders have today, during its Seventeenth Annual General Meeting passed resolutions that will reinforce the governance structures of the Group, continue to diversify the Board composition, and also assure investors of dividend pay-out every year as long as the Company posts profits. The Shareholders voted for the Amendment of Articles 1 […]
Equity Group Board Chairman, Prof. Macharia (C), Group Managing Director & CEO, Dr. Mwangi (R), & Group Executive Director, Mary Wamae (L) look through the 2020 Integrated Report & Financial Statements during Equity Group Holdings Plc’s 17th AGM. Shareholders with more than 12.5% shareholding to nominate a Director Equity Group Foundation to nominate a Director […]
Equity Group Holdings Plc shareholders during its Seventeenth Annual General Meeting, passed resolutions to make adjustments to its board and management that are hoped to reinforce the governance structure of the Group. The Shareholders voted for the Amendment of Articles 1 and 79 of the Articles of Association of the Company. The Group Board Chairman […]
Equity Group Holdings #ticker:EQTY is betting on an increase in its US dollar holdings to fund the growing cross-border transactions in East Africa and beyond. The lender says it now holds $4 billion, equivalent to 41 percent of its Sh1.07 trillion balance sheet, enhancing its capacity to offer loans and letters of credit to multinational […]
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