Catch Up on the latest info on publicly traded companies in the NSE
KCAA pointed out Clauses “e’ and “f” of the subsidiary legislation as granting a leeway for bailouts. ...
NSE (Nairobi Securities Exchange) had Kenya Airways as the leading price gainer, rallying by 25.9% to KSh 6.90 as speculators descended on the counter on the back of recent changes to the listed firm’s Board of Directors and the impending entry of a foreign investor. Kenya Airways is also the top gainer year-to-date at 95.5%, […]
A fresh strain is emerging on Kenya’s external finances, with new data showing a drop in the country’s foreign exchange reserves as global economic pressures intensify. Figures released by the Central Bank of Kenya (CBK) indicate that reserves fell by $340 million (Ksh 43.9 billion) in the week ending April 9. This pushed the total […]
The East African Portland Cement Company (EAPC) has announced a major shake-up of its Board of Directors following the exit of the National Social Security Fund (NSSF), which has fully divested its stake in EAPC
The NSE rose 3.89% in Week 15, recovering half the Week 13 losses. The CBK held rates at 8.75% but FX reserves fell as foreign investors sold KSh 940M net.
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