The top gainer of the day on Tuesday at the Nairobi Securities Exchange (NSE) was Standard Group who jumped from the top losers’ table on Monday. The company gained 9.85 percent at the price of 22.30 shillings per share. The second top gainer on Tuesday was Sasini who went home with 9.71 percent at the […]
Uchumi Supermarket rose twice from the jaws of death and, for the third time in two decades, is once again facing its demise under the weight of a Sh4.2 billion debt. Worse still, it has no assets to sell. At best, the 150 creditors have been asked to forfeit their Sh3.2 billion debt to Uchumi […]
Capital Markets Authority regulatory and policy director Luke Ombara. PHOTO | SALATON NJAU | NMG The Capital Markets Authority (CMA) plans to form a credit guarantee scheme to help small and medium-sized (SMEs) firms raise money without exposing investors such as bondholders to losses. Director of policy and regulation at CMA Luke Ombara said in […]
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
MyCredit Limited managing director George Mbira (left) gives a food donation to Esther Kwamboka carrying her 2 and half years old son Sam Ombonya in Kibera. [File, Standard] The coronavirus pandemic has muted activities at the Nairobi bourse, eroding the value of many erstwhile blue-chip stocks. But amid the gloom and doom, the cream of […]
Sabis International School at Runda in Nairobi. PHOTO | SALATON NJAU | NMG A judge has directed an international school backed by Centum Investment to slash third term fees by 20 per cent for online lessons during the Covid-19 pandemic. Justice James Makau said parents of the school in Runda, Nairobi, would only pay 80 […]
MyCredit Limited managing director George Mbira (left) gives a food donation to Esther Kwamboka carrying her 2 and half years old son Sam Ombonya in Kibera. [File, Standard] The coronavirus pandemic has muted activities at the Nairobi bourse, eroding the value of many erstwhile blue-chip stocks. But amid the gloom and doom, the cream of […]
MyCredit Limited managing director George Mbira (left) gives a food donation to Esther Kwamboka carrying her 2 and half years old son Sam Ombonya in Kibera. [File, Standard] The coronavirus pandemic has muted activities at the Nairobi bourse, eroding the value of many erstwhile blue-chip stocks. But amid the gloom and doom, the cream of […]
Giant telecommunications company, Safaricom was the top mover of the day on Tuesday at the Nairobi Securities Exchange (NSE). The telecom sold 19.23 million shares at a market capitalization of 1.08 trillion shillings. Kenya Power and Lighting Company was the second top mover of the day with 3.30 million shares with a market capitalization of […]
MyCredit Limited managing director George Mbira (left) gives a food donation to Esther Kwamboka carrying her 2 and half years old son Sam Ombonya in Kibera. [File, Standard] The coronavirus pandemic has muted activities at the Nairobi bourse, eroding the value of many erstwhile blue-chip stocks. But amid the gloom and doom, the cream of […]
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.