The Nairobi Securities Exchange (NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms. The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt, Nigeria, Morocco, Tunisia, which together with the NSE are considered to […]
Tag: nation media group
Nairobi Securities Exchange outperforms its peer African bourses
The Nairobi Securities Exchange(NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms. The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt , Nigeria , Morocco , Tunisia , which together with the NSE […]
SMEs advised to tap external markets to drive expansion
Industrialisation, Trade and Enterprise Development CS Betty Maina during SMEs Conference. PHOTO | SILA KIPLAGAT | NMG Small and medium-sized enterprises (SMEs) have been advised to take advantage of external markets to grow their businesses amid the Covid-19 pandemic. Industrialisation Cabinet secretary Betty Maina said Kenya has negotiated several bilateral and multilateral trade agreements that […]
Innovation key for firms to survive Covid shocks
Nation Media Group CEO Stephen Gitagama address during The second edition of the SMEs Conference and Expo held at the Kenyatta International Convention Centre (KICC) on March 18,2021. NMG PHOTO Small and medium-sized enterprises (SMEs) have to continuously innovate and embrace technology to navigate the economic shocks brought about by the Covid-19 pandemic. To stay […]
Dar stock market records strong activity
A trader at the Dar es Salaam Stock Exchange in Tanzania. Most listed firms remained resilient with no immediate dipping of share prices, following the announcement of President John Magufuli’s death. PHOTO | FILE | NMG Activity at the Dar es Salaam stock market remained fairly stable following the formal announcement of President John Magufuli’s […]
Tanzania: Dar es Salaam Stock Market Records Strong Activity
Activity at the Dar es Salaam stock market remained fairly stable following the formal announcement of President John Magufuli’s death. Most listed firms remained resilient with no immediate dipping of share prices. The Dar es Salaam Stock Exchange (DSE) closed business on Thursday, with a total of Tsh2.6 billion ($1.13 million) from 5,002,830 shares traded […]
AM Weekly Market Commentary – February 26, 2021
Overall sentiment on African equity markets was bearish. Among the markets we cover, 11 of them retreated this week and 6 advanced. Zimbabwe led the pack as equities in Harare rallied 5.93%. Conversely, Ugandan equities lost 2.62% over the 5-day period. West Africa BRVM – Bulls were back on the Western Africa regional exchange. The […]
Here are the most loved brands by Kenyan women
L-R: Ministry of Public Service and Gender Chief Administrative Secretary Rachel Shebesh, BSD Group CEO Eva Muraya and Ipsos CEO Chris Githaiga during the Top 100 Most Loved Brands by Women at a Nairobi hotel on March 3, 2021. Diana Ngila | Nation Media Group A leading telecommunications firm is the most loved brand by […]
NMG Tops The NSE With 9.89%, Kenya Re Comes Second
The Nation Media Group was the top gainer of the day at the Nairobi Securities Exchange (NSE) on Tuesday, March 2, 2020, with 9.89 percent at the price of 19.45 shillings per share. Kenya Re-Insurance was the second top gainer with 4.84 percent at the price of 2.60 shillings per share followed by Longhorn Publishers […]
Tanzania: Foreign Investors’ Participation On Dar Exchange Rises
FOREIGN investors were net sellers during the week that ended on 26th February 2021 as a load was traded on the TBL counter. TBL saw zero transactions for the better part of the week, until Friday when a prearranged block of 491,409 shares was traded at a price of 5,000/- per share. The block was […]