The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were Nairobi Business Ventures, Flame Tree Group, Nation Media Group, NCBA Group, and East African Cables. Nairobi Business Ventures gained 10.00 percent at the price of 0.66 shillings per share followed by Flame Tree Group with 5.38 percent at the […]
A patient undergoes a coronavirus test at the Kenya Coast National Polytechnic in Mombasa on June 26. PHOTO | KEVIN ODIT | NATION MEDIA GROUP Ironically, the said public hospitals are almost full with most of them not conducting Covid-19 testing. The government has a task to increase the number of testing facilities accessible to […]
What you need to know: For Alois Chami, a vocal and self-taught investor who joined the Nairobi bourse in 1973, he had one strategy: spread risks across all counters. But now he says for many of his counters, waiting for dividends has become like watching the grass grow; sometimes it withers. And now investors are […]
NCBA will redeem its Sh7 billion corporate bond 91 days ahead of its December 14, 2020 maturity date. File | Nation Media Group Banking group NCBA is set to redeem its Sh7 billion corporate bond 91 days ahead of its December 14, 2020 maturity date, a move that will see it save Sh222.5 million in […]
The top 5 gainers of the day at the Nairobi Securities Exchange on Wednesday were TPS Eastern Africa (Serena), Umeme, Sameer Africa, Bamburi Cement, and Nation Media Group. TPS Eastern Africa (Serena) gained 9.92 percent at the price of 14.40 shillings per share followed by Umeme with a gain of 9.88 percent at the price […]
The Nairobi Securities Exchange. As we stay at home, isolated, quarantined or locked down by the Covid-19 pandemic and preparing for the ‘new normal’, let us also make investments. PHOTO | FILE | NATION MEDIA GROUP As we stay at home, isolated, quarantined or locked down by the Covid-19 pandemic and preparing for the ‘new […]
Standard Chartered Bank of Kenya Tuesday issued an additional 34.3 million ordinary shares worth Sh5.3 billion on the NSE, satisfying its bonus stock programme. PHOTO | FILE | NATION MEDIA GROUP Standard Chartered Bank of Kenya Tuesday issued an additional 34.3 million ordinary shares worth Sh5.3 billion on the Nairobi Securities Exchange (NSE), satisfying its […]
Diamond Trust Bank was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.56 percent at the price of 69.00 shillings per share. Olympia Capital was the second top gainer with 4.91 percent at the price of 2.35 shillings per share followed by the giant telecommunications company, Safaricom who […]
Kenya’s stock market hit a new 17-year low in Tuesday’s trading as most stocks continued to suffer losses. The benchmark NSE 20 Share Index closed at 1,794.6 points, a level last seen on April 28, 2003. The performance has pushed the current bear market to five-and-a-half years, with the index falling 67.3 per cent from […]
Traffic builds on Thika Highway on June 20. PHOTO | FILE | NATION MEDIA GROUP Commuters will find it a bitter pill to swallow connecting from their residential areas to Thika road Bus Rapid Transit stations and then boarding a different bus to town under the current BRT plan. According to a project feasibility, a […]
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.