KENYA: NBK finances water and sanitation service providers in Nairobi©Kenyan Ministry of Water, Sanitation and Irrigation A new financing program aims to support companies that provide water, sanitation and hygiene services in Kenya. The program is being initiated by the National Bank of Kenya (NBK) with funding of 5 billion Kenyan shillings (over $45.2 million). […]
National Bank of Kenya (NBK) in partnership with Aqua for All has launched a Sh5 billion Water, Sanitation and Hygiene financing programme to offer support to businesses dealing with water, sanitation and hygiene products and services. Groups that are expected to benefit from the fund include micro, small and medium enterprises, corporates, public and private […]
More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
Nairobi Securities Exchange trading floor. PHOTO | NMG Firms that have made positive corporate moves in the stock market such as bonus issuances and buyouts like Nairobi Business Ventures (NBV) have also recorded higher gains relative to peers. But investors have punished top firms viewed to struggle under effects of Covid-19, including East Africa Breweries […]
More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
Equity Group #ticker:EQTY businesses outside Kenya have widened the profit gap against top rival KCB Group #ticker:KCB, underlining the impact of acquiring a second bank in DRC Congo last year. The lender’s pretax profit from its five subsidiaries in South Sudan, Tanzania, Rwanda, Uganda and DRC Congo rose 145 percent to Sh4.9 billion in half […]
KCB Group has announced that it has acquired Rwandan bank, Banque Populaire du Rwanda Plc (BPR), from Atlas Mara Mauritius Limited and Arise B.V. The acquisition was completed by the Kenyan banking group after receiving regulatory approvals in Kenya and Rwanda. This makes KCB Group the majority shareholder in BPR, Rwanda’s second biggest bank, with […]
Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]
An electronic board displaying market data. The investor relations department’s role revolves around how a company communicates with investors, shareholders, government authorities, and the financial community. PHOTO | FILE | NMG Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.
We would like to show you notifications for the latest news and updates.