Central Bank Governor Patrick Njoroge. [David Gichuru, Standard] The Central Bank of Kenya (CBK) will relaunch M-Akiba in a bid to spur uptake of the retail infrastructure bond. CBK Governor Dr Patrick Njoroge said the revamped product will go live by June this year and will be more user friendly to investors. It will also […]
Tag: XNAI_NSE
KQ owes aviation sector regulator Sh262 million
Kenya Airways #ticker:KQ owes the aviation authority Sh262.9 million, a new audit tabled in Parliament shows. The amount is part of the total of Sh548.4 million owed to the Kenya Civil Aviation Authority (KCAA) by various parties. The amounts claimed by the agency have been disclosed by Auditor General Nancy Gathungu in a review of […]
Centum taps insider as new head of Real Estate arm as ex-boss quits
Centum Real Estate Limited’s new managing director Kenneth Mbae. FILE PHOTO | NMG Centum Real Estate Limited has appointed Kenneth Mbae as its new managing director effective 17 March 2022. Mr Mbae, an insider at the investment company Centum, takes over the role from Samuel Kariuki, who "has resigned to pursue other interests" the firm […]
NSE optimistic on bond trade as mortgage firm lists
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ The Nairobi Securities Exchange (NSE) sees a positive outlook for the private bond market in Kenya, urging investors to seize the opportunity to reap dividends. Speaking at the official launch of trade on Kenya Mortgage Refinance Company PLC (KMRC) bond at the bourse, […]
KQ resorts to salary cuts as Sh20bn bailout delays
A delay by the government to disburse the Sh20 billion bailout package to Kenya Airways (KQ) #ticker:KQ has forced the national carrier back to pay cuts. Kenya Airways CEO Allan Kilavuka says that the money has not hit its account a month since it was allocated in the supplementary budget by the Treasury for the […]
Stanchart gifts investors Sh7.2b in dividends as profit hits Sh9b
StanChart Kenya Chief Executive Mr Kariuki Ngari . [Wilberforce Okwiri, Standard] Standard Chartered Bank of Kenya (StanChart) investors will get Sh7.18 billion dividends after the lender raised the payout on the back of five-year high profits. The lender said yesterday the board had proposed a final dividend payout of Sh14 per share to add to […]
Women in finance lobby NFNV picks new leaders for Kenya
NFNV Kenya Board of Trustees chairperson Caroline Armstrong-Ogwapit. FILE PHOTO | NMG Women in finance network organisation New Faces New Voices Trust in Kenya (NFNV) has appointed Caroline Armstrong-Ogwapit as the new chairperson of its Board of Trustees as it seeks to strengthen it banking and public sector ties. Ms Armstrong-Ogwapit boasts 25-year banking with […]
Happy International Women’s Day!!! Top messages from senior female CEOs
NAIROBI, Kenya, March 8 -As the world marks International Women’s Day (IWD) whose theme is Gender equality today for a sustainable tomorrow ,Kenya has not been left behind as it boasts of successful Chief Executive Officers, Managing directors who have steered good leadership in their respective workplaces. Despite the existence of gender gap in various […]
KMRC corporate bond begins trading at Nairobi Securities Exchange
From L-R: NSE Chairman Kiprono Kittony, CMA Chairman Nicholas Nesbitt, National Treasury & Planning Cabinet Secretary Amb.Ukur Yatani, CBK Governor Dr.Patrick Njoroge, KMRC Chairman Haron Sirima and NSE CEO Godfrey Odundo during the listing and bell ringing ceremony to mark the commencement of trading of KMRC’s corporate bond at the NSE floor. NAIROBI, Kenya, March […]
NSE optimistic on bond trade as mortgage firm lists
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ The Nairobi Securities Exchange (NSE) sees a positive outlook for the private bond market in Kenya, urging investors to seize the opportunity to reap dividends. Speaking at the official launch of trade on Kenya Mortgage Refinance Company PLC (KMRC) bond at the bourse, […]