Capital Markets Authority acting CEO Wycliffe Shamia (R) and Nairobi Stock exchange CEO Geoffrey Odundo during a workshop on Sovereign Green Bond Project at Enashipai Resort in Naivasha in January 2020. Shamia exuded confidence that the performance of the Nairobi Securities Exchange (NSE) will improve this year. After enjoying big rewards, bondholders are now staring […]
Tag: housing finance group
From huge profits to junk paper: The fall of Kenya’s corporate bond market
Capital Markets Authority acting CEO Wycliffe Shamia (R) and Nairobi Stock exchange CEO Geoffrey Odundo during a workshop on Sovereign Green Bond Project at Enashipai Resort in Naivasha in January 2020. Shamia exuded confidence that the performance of the Nairobi Securities Exchange (NSE) will improve this year. After enjoying big rewards, bondholders are now staring […]
Nairobi Securities Exchange reviews NSE 20 share index
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
Britam eyes retail clients in asset management growth
Britam Group Managing Director Benson Wairegi speaks during the company’s AGM, which was held virtually, on June 29, 2020 at Britam Tower is Nairobi. PHOTO | SALATON NJAU | NMG Britam Group is eyeing more retail clients to grow margins from its asset management business in change of strategy for this competitive segment. Benson Wairegi, […]
Here’s A List of Home Insurance Plans in Kenya
Image Courtesy Insurance Guru Getting home insurance is the difference between someone who loses it all and has nothing and someone who has something to fall back on. In this article we will talk about a few of the Home insurance packages you will run into in Kenya. But first, what does it mean to […]
Report: Top 10 most attractive banks in Kenya
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
Report: Top 10 most attractive banks in Kenya
Cytonn Investments has listed KCB Group as the most attractive bank in Kenya in its Financial Year 2019 Banking Sector Report. This is supported by the group’s strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score […]
HF slides into Sh97m net loss as bad loans pile up
HF Group offices on Kenyatta Avenue. FILE PHOTO | NMG Housing Finance Group #ticker:HFCK has slipped into loss-making territory by posting Sh97 million net loss for the six months to June from a profit of Sh6.8 million in a similar period last year. The mortgage financier which recently made headlines for slashing house prices and […]
Home financing firm seeks to drive affordable housing plan
It is estimated that, to address the biting housing shortage over the next five years, Kenya requires a staggering Sh2.3 trillion. Mortgage penetration in Kenya remains low, currently standing at 4.3 per cent of gross domestic product compared to developed nations. Developers are facing two key challenges of runaway land prices, especially in Nairobi and […]