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 […]
Tag: XNAI_ICDC
Centum Real Estate lists Sh3bn housing bond on NSE
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 […]
Jittery investors put Sh690b into bonds
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 […]
Kirubi buys Sh92m Centum shares
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 […]
Chris Kirubi Buys More Centum Shares Worth Ksh92 Million
Business mogul Chris Kirubi has purchased 5.75 million shares of Centum Investment Company worth Ksh92.2 million. Kirubi is planning to buy a 20 percent share in the company, to reach a 49.99 percent stake in the company. The 20 percent is estimated to cost Ksh2.1 billion as per the current share price of Ksh16.05 per […]
Jittery investors put Sh690b into bonds
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 […]
Centum Real Estate lists Ksh.3B bond on NSE
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 […]
Kirubi buys Sh92m Centum shares
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 […]
What does the future hold for East Africa in 2021?
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 lists Ksh.3B bond on NSE
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 […]