Nairobi Securities Exchange

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3d
AllAfrica.com
KenGen Begins Hunt for Sh28.8 Billionin the rights issue but are not shareholders can buy rights of owners who are n
KenGen Begins Hunt for Sh28.8 Billion
AllAfrica.com / Posted 3 days ago
in the rights issue but are not shareholders can buy rights of owners who are not willing to exercise their option at the Nairobi Securities Exchange. Non-shareholders also have an option of buying the stake that will not be taken up at the end... Read more
4d
AllAfrica.com
Govt Takes Up Sh20.2 Billion Shares in KenGen Rights Issueopen for three weeks and will close on June 10, 2016 while the listing and comm
Govt Takes Up Sh20.2 Billion Shares in KenGen Rights Issue
AllAfrica.com / Posted 4 days ago
open for three weeks and will close on June 10, 2016 while the listing and commencement of trading of new shares at the Nairobi Securities Exchange (NSE) will start on July 6. Lead transaction advisors for the offer are Standard Investment Bank... Read more
4d
AllAfrica.com
Tanzania Stock Exchange Goes Public, 15 Million New Shares Up for Grabsthe DSE, their ownership will depend on the level of subscription and the allot
Tanzania Stock Exchange Goes Public, 15 Million New Shares Up for Grabs
AllAfrica.com / Posted 4 days ago
the DSE, their ownership will depend on the level of subscription and the allotment results," said Mr Marwa. In 2014, the Nairobi Securities Exchange completed its demutualisation process, which included change of name, change of its legal status,... Read more
4d
AllAfrica.com
East Africa's Reinsurance Sector Gaining Momentumto be allocated to reinsurers. Insurance companies are expected to cede 20 per
East Africa's Reinsurance Sector Gaining Momentum
AllAfrica.com / Posted 4 days ago
to be allocated to reinsurers. Insurance companies are expected to cede 20 per cent of their reinsurance business to the Nairobi Securities Exchange-listed Kenya Re, which had 71 per cent market share in March last year and is 60 per cent owned... Read more
4d
AllAfrica.com
Kenya Swaps Debt for Equity in KenGen's U.S.$207 Million Cash Callits Ksh20.9 billion ($207 million) debt to equity in power producer KenGen as i
Kenya Swaps Debt for Equity in KenGen's U.S.$207 Million Cash Call
AllAfrica.com / Posted 4 days ago
its Ksh20.9 billion ($207 million) debt to equity in power producer KenGen as it takes up its rights in a cash call. Nairobi Securities Exchange-listed electricity producer has opened its Ksh28.8 billion ($285 million) rights issue almost two... Read more
5d
AllAfrica.com
New Rules to Curb Malpractices On the Nairobi Boursethe new regulations published in the Kenya Gazette dated May 13, the joint shar
New Rules to Curb Malpractices On the Nairobi Bourse
AllAfrica.com / Posted 5 days ago
the new regulations published in the Kenya Gazette dated May 13, the joint shareholding of stockbrokers on the Nairobi Securities Exchange will not be allowed to exceed 40 per cent while individuals and private companies will not own... Read more
6d
AllAfrica.com
Centum Finally Acquires Controlling Stake in Longhorneffective control over Longhorn by acquiring 118,314, 853 new shares in Longhor
Centum Finally Acquires Controlling Stake in Longhorn
AllAfrica.com / Posted 6 days ago
effective control over Longhorn by acquiring 118,314, 853 new shares in Longhorn," Centum said in statement through the Nairobi Securities Exchange (NSE) on Friday. Centum which held 45.7 million shares previously, now has 118.3 million new... Read more
8d
AllAfrica.com
I&M Shareholders Approve Bid to Acquire Burbidge Capitalas Nominated Adviser and Placing Agent on the recent cross listing of Atlas Dev
I&M Shareholders Approve Bid to Acquire Burbidge Capital
AllAfrica.com / Posted 8 days ago
as Nominated Adviser and Placing Agent on the recent cross listing of Atlas Development & Support Services Limited on the Nairobi Securities Exchange and the contemporaneous US$5 million Kenya fundraising, which completed in December 2014. The... Read more
11d
AllAfrica.com
DSE Targets U.S.$3.35 Million As It Opens Sale of Own Sharesits demutualisation will make the Tanzanian bourse the third exchange in Africa
DSE Targets U.S.$3.35 Million As It Opens Sale of Own Shares
AllAfrica.com / Posted 11 days ago
its demutualisation will make the Tanzanian bourse the third exchange in Africa after Johannesburg Stock Exchange (JSE) and Nairobi Securities Exchange (NSE) to separate its ownership from the trading rights. With demutualisation, it will no longer... Read more
11d
AllAfrica.com
Longhorn Cash Call Delivers Sh533 Millionto raise Sh530 million," the firm said Monday while announcing the results. Th
Longhorn Cash Call Delivers Sh533 Million
AllAfrica.com / Posted 11 days ago
to raise Sh530 million," the firm said Monday while announcing the results. The new shares will commence trading on the Nairobi Securities Exchange on May 31. The company said it viewed the 101 per cent subscription as an indication of... Read more
12d
AllAfrica.com
DSE's Initial Offer Staged for Oversubscriptionthe end of the processes, DSE will join two other bourses in Africa, which have
DSE's Initial Offer Staged for Oversubscription
AllAfrica.com / Posted 12 days ago
the end of the processes, DSE will join two other bourses in Africa, which have self-listed on their respective bourses-- Nairobi Securities Exchange and Johannesburg Stock Exchange. Self-listing has many advantages, including enhancement of... Read more
12d
AllAfrica.com
No Payment Deal for Uchumi Creditors, Employees in Ugandadeclared that the dispute was a purely "commercial matter" and not a national i
No Payment Deal for Uchumi Creditors, Employees in Uganda
AllAfrica.com / Posted 12 days ago
declared that the dispute was a purely "commercial matter" and not a national issue. Uchumi, which is listed on the Nairobi Securities Exchange, made surprise exits from Uganda and Tanzania last October, closing down six and four branches... Read more
15d
AllAfrica.com
Sale of Dse Discounted Shares Starts Next Mondaythe end of the process, DSE will join two other bourses in Africa, which have s
Sale of Dse Discounted Shares Starts Next Monday
AllAfrica.com / Posted 15 days ago
the end of the process, DSE will join two other bourses in Africa, which have self-listed on their respective bourses--Nairobi Securities Exchange and Johannesburg Stock Exchange. Self-listing has many advantages including enhancement of... Read more
15d
AllAfrica.com
Ethiopia Seizes U.S.$2.4 Million From Atlas' Account in Tax DisputeEthiopia has seized cash from the account of Nairobi Securities Exchange (NSE)
Ethiopia Seizes U.S.$2.4 Million From Atlas' Account in Tax Dispute
AllAfrica.com / Posted 15 days ago
Ethiopia has seized cash from the account of Nairobi Securities Exchange (NSE) cross-listed Atlas Ltd over a tax dispute. The firm, originally listed at the London Stock Exchange, has lost $2.4 million deposited by its subsidiary TEAP Glass... Read more
15d
AllAfrica.com
Copy Cat Group Considering Listing at the NSETechnology firm Copy Cat Group is considering listing on the Nairobi Securities
Copy Cat Group Considering Listing at the NSE
AllAfrica.com / Posted 15 days ago
Technology firm Copy Cat Group is considering listing on the Nairobi Securities Exchange (NSE) to spread ownership to other Kenyans. The company's newly appointed Managing Director Vishal Patel said that the Copy Cat board will sit and deliberate on... Read more
17d
AllAfrica.com
Safaricom Net Profit Rises to Sh38.1 Billionmuch of the growth coming from non-voice services. Total revenue increased by
Safaricom Net Profit Rises to Sh38.1 Billion
AllAfrica.com / Posted 17 days ago
much of the growth coming from non-voice services. Total revenue increased by nearly 20 per cent to Sh195.7 billion. The Nairobi Securities Exchange-listed firm has proposed a dividend of 76 cents per share, up from 64 cents in the previous... Read more
17d
AllAfrica.com
Safaricom Net Profit Rises to U.S.$379 Millioncoming from non-voice services. Total revenue increased by nearly 20 per cent
Safaricom Net Profit Rises to U.S.$379 Million
AllAfrica.com / Posted 17 days ago
coming from non-voice services. Total revenue increased by nearly 20 per cent to $1.94 billion (Ksh195.7 billion). The Nairobi Securities Exchange-listed firm has proposed a dividend of 76 cents per share, up from 64 cents in the previous... Read more
18d
AllAfrica.com
KRA Now Targets Mobile Money to Smoke Out Tax Cheatspay tax and we believe access to bank information will facilitate that," he sai
KRA Now Targets Mobile Money to Smoke Out Tax Cheats
AllAfrica.com / Posted 18 days ago
pay tax and we believe access to bank information will facilitate that," he said. The KRA's data centre will plug into the Nairobi Securities Exchange, the Integrated Financial Management Information (IFMIS), the government platform where most... Read more
18d
AllAfrica.com
Poor Governance at Listed Firms Cost Investors Sh246 Billionof Imperial Bank, the decision to accept money for a corporate bond and approve
Poor Governance at Listed Firms Cost Investors Sh246 Billion
AllAfrica.com / Posted 18 days ago
of Imperial Bank, the decision to accept money for a corporate bond and approve listing by Capital Markets Authority and Nairobi Securities Exchange, only weeks before the bank was closed, raises questions over the diligence of review as... Read more
18d
AllAfrica.com
What Bourse's Demutualisation, IPO and Self-Listing Really Meanan IPO and then self list; being the third Exchange in Africa to demutualise co
What Bourse's Demutualisation, IPO and Self-Listing Really Mean
AllAfrica.com / Posted 18 days ago
an IPO and then self list; being the third Exchange in Africa to demutualise coming after Johannesburg Stock Exchange and Nairobi Securities Exchange. What will DSE demutualisation mean for us as a Country? (i) enhancement of the DSE's financial... Read more
19d
AllAfrica.com
Slump in Trading as EA Currencies WeakenMarket Authority, the slowdown is continental and has hit West African stocks h
Slump in Trading as EA Currencies Weaken
AllAfrica.com / Posted 19 days ago
Market Authority, the slowdown is continental and has hit West African stocks hard. In Kenya, equity turnover on the Nairobi Securities Exchange fell 21 per cent during the first three months of the year to Ksh36.61 billion ($357.61 million)... Read more
19d
AllAfrica.com
Coming Soon - I&M Bank Rwanda IPOthe transaction advisors. Rwanda had planned to sell its stake in the bank --
Coming Soon - I&M Bank Rwanda IPO
AllAfrica.com / Posted 19 days ago
the transaction advisors. Rwanda had planned to sell its stake in the bank -- a subsidiary of I&M Holdings listed on the Nairobi Securities Exchange -- in October last year but leadership changes that saw former chief executive Anand Sanjeev move... Read more
22d
AllAfrica.com
DSE IPO Starts in Next Ten Daysraising 7.5bn/-. The IPO is expected to last for one month before the stock ma
DSE IPO Starts in Next Ten Days
AllAfrica.com / Posted 22 days ago
raising 7.5bn/-. The IPO is expected to last for one month before the stock market joins two of its African counterparts, Nairobi Securities Exchange and Johannesburg Stock Exchange, to self-list on own bourse. Principal Capital Markets and... Read more
23d
AllAfrica.com
DTB Raises Stake in Uganda Unit With $10.9 Million InjectionBank (DTB) Group has invested an additional $10.9 million in its Ugandan unit,
DTB Raises Stake in Uganda Unit With $10.9 Million Injection
AllAfrica.com / Posted 23 days ago
Bank (DTB) Group has invested an additional $10.9 million in its Ugandan unit, raising its stake in the subsidiary. The Nairobi Securities Exchange-listed firm participated in DTB Uganda's rights issue in April that raised a total of $13.9... Read more
23d
AllAfrica.com
Regulator Allows Dse to Raise Sh7.5 Billion for Growthcapitalisation of Sh22.4 trillion, becomes third to demualise in Africa after t
Regulator Allows Dse to Raise Sh7.5 Billion for Growth
AllAfrica.com / Posted 23 days ago
capitalisation of Sh22.4 trillion, becomes third to demualise in Africa after the Johannesburg Stock Exchange and the Nairobi Securities Exchange. The demutualisation, among other things, entails changing the legal structure of the bourse... Read more
29d
AllAfrica.com
Acquisitions Boosts Flame Tree Group Profits By 86 Percentbrands has gone and we're excited about the domestic food production category a
Acquisitions Boosts Flame Tree Group Profits By 86 Percent
AllAfrica.com / Posted 29 days ago
brands has gone and we're excited about the domestic food production category across the region," added Bangera. Flame Tree Group is listed under the Growth and Enterprise Market Segment (GEMS) on the Nairobi Securities Exchange (NSE) as NSE:... Read more
30d
AllAfrica.com
Lower Revenues Dip Scangroup Earningstrading environment during 2015 in Kenya, its largest market," WPP Scangroup sa
Lower Revenues Dip Scangroup Earnings
AllAfrica.com / Posted 30 days ago
trading environment during 2015 in Kenya, its largest market," WPP Scangroup said in a financial declaration sent to the Nairobi Securities Exchange. "As a consequence, the group's revenue declined by two per cent. "Kenya now accounts for 66... Read more

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