Nairobi, Sept. 8 -- Centum Investment Company is taking a third stab at buying back 10 percent of its issued shares after previous attempts fell short due to the market price surpassing the buyback ex... Read More
Nairobi, Sept. 7 -- The number of investors in unit trusts has risen to 4.15 million from 2.45 million a year ago as more Kenyans opt for passive high-return income instead of investing in startups in... Read More
Nairobi, Sept. 5 -- Foreign investors cashed in on shares worth Sh4.55 billion on the Nairobi stock market in August, taking advantage of a rally in blue-chip share prices to secure profits on their i... Read More
Nairobi, Sept. 3 -- NCBA Group shareholders who have sold a 66 percent stake to Nedbank have booked a capital gain of Sh21.4 billion on the 43.63 million discounted shares of the South African bank. ... Read More
Nairobi, Sept. 3 -- As the stocks of Mumias Sugar, ARM Cement and Deacons East Africa enter an eighth year under suspension at the Nairobi bourse, investors are demanding answers from the capital mark... Read More
Nairobi, Sept. 1 -- The government has set a target to borrow Sh38.74 billion against the Sports Fund to complete the construction of 33 new and existing stadiums across the country. The new facility... Read More
Nairobi, Aug. 31 -- Ratings agency S&P Global has warned that Kenya's credit rating could be downgraded if the Treasury's frequent loan refinancing moves trigger concerns that the country is strugglin... Read More
Nairobi, Aug. 31 -- Stockbrokers and investment banks nearly tripled their revenue in the first half of this year, lifted by Faida Investment Bank's transaction fees from the Kenya Pipeline Company's ... Read More
Nairobi, Aug. 29 -- The National Treasury has cashed 41 percent of its annual domestic borrowing target just two months into the fiscal year, signalling a rush to capitalise on a highly liquid market ... Read More
Nairobi, Aug. 25 -- Investors have agreed to transfer Sh22.5 billion from maturing government securities into a longer-dated bond that falls due in 2029, giving the National Treasury relief from press... Read More