Nairobi Securities Exchange

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16h
AllAfrica.com
NBV Shares Up 60 Percent One Week After Listing on Nairobi BourseNairobi Business Ventures' stock on the Nairobi Securities Exchange rose 60 per
NBV Shares Up 60 Percent One Week After Listing on Nairobi Bourse
AllAfrica.com / Posted 16 hours ago
Nairobi Business Ventures' stock on the Nairobi Securities Exchange rose 60 per cent to a high of Ksh8 ($0.08) per share last week, as news of its planned expansion into the manufacturing business reverberated in the market. The shoe and leather... Read more
20h
AllAfrica.com
NC Bank Uganda Appoints a New Managing DirectorKampala — NC Bank Uganda, the Ugandan subsidiary of Nairobi Securities Exchange
NC Bank Uganda Appoints a New Managing Director
AllAfrica.com / Posted 20 hours ago
Kampala — NC Bank Uganda, the Ugandan subsidiary of Nairobi Securities Exchange listed NIC Bank has announced the appointment of Sam Ntulume as its Managing Director. Ntulume, a Ugandan national has been the Executive Director of NC Bank since April... Read more
4d
AllAfrica.com
Fusion Capital Tests Market With Sh2.3bn Reits Offera minimum Sh5 million to participate in the first development Reit to be issued
Fusion Capital Tests Market With Sh2.3bn Reits Offer
AllAfrica.com / Posted 4 days ago
a minimum Sh5 million to participate in the first development Reit to be issued in Kenya. The units will be listed at the Nairobi Securities Exchange on July 28. "We are delighted to be the first to give other investors a chance to access... Read more
4d
AllAfrica.com
Small Firms Urged to List at the Boursewatchdog has urged small enterprises to take advantage of the lower corporate t
Small Firms Urged to List at the Bourse
AllAfrica.com / Posted 4 days ago
watchdog has urged small enterprises to take advantage of the lower corporate tax rate extended to firms listed on the Nairobi Securities Exchange (NSE). Capital Markets Authority (CMA) chief executive officer Paul Muthaura told SME owners at... Read more
4d
AllAfrica.com
UK Referendum Vote Casts Shadow On Region's Economieswhich is expected to follow an exit vote - should Britons vote to leave the blo
UK Referendum Vote Casts Shadow On Region's Economies
AllAfrica.com / Posted 4 days ago
which is expected to follow an exit vote - should Britons vote to leave the bloc. It is believed that activity on the Nairobi Securities Exchange has more recently been anchored on strong foreign participation. In the first five months of the... Read more
5d
AllAfrica.com
Liquidation Looms With Nic Set to Take Over Imperial Bankto pick some Imperial Bank branches to achieve the physical expansion plan. KD
Liquidation Looms With Nic Set to Take Over Imperial Bank
AllAfrica.com / Posted 5 days ago
to pick some Imperial Bank branches to achieve the physical expansion plan. KDIC will retain management The extent of the Nairobi Securities Exchange-listed firm's purchase of Imperial assets and the amounts involved are expected to emerge in the... Read more
4 related stories
5d
AllAfrica.com
Kenya to Feel the Pain of Britain's Possible EU Exitmarkets, which is expected to follow an exit vote. Increased capital outflows
Kenya to Feel the Pain of Britain's Possible EU Exit
AllAfrica.com / Posted 5 days ago
markets, which is expected to follow an exit vote. Increased capital outflows would, for instance, hurt trading at the Nairobi Securities Exchange, whose activity has more recently been anchored on strong foreign participation. Listed... Read more
6d
AllAfrica.com
DSE Proves It Has Potential to Boost IndustrialisationDomestic investors put 1.75bn/- extra for the IPO. The bourse nearly 20 years
DSE Proves It Has Potential to Boost Industrialisation
AllAfrica.com / Posted 6 days ago
Domestic investors put 1.75bn/- extra for the IPO. The bourse nearly 20 years old, is still at nascent stage compared to Nairobi Securities Exchange, which has 60 years, but in recent years' people started to realise its importance in the economy... Read more
6d
AllAfrica.com
I&M Holdings Marks Rise in Profitcent. Giro has seven branches in the country which are to be merged under I&M'
I&M Holdings Marks Rise in Profit
AllAfrica.com / Posted 6 days ago
cent. Giro has seven branches in the country which are to be merged under I&M's banking business, a move that will see the Nairobi Securities Exchange-listed firm inherit some 9,000 customers from Giro. SIB noted that the two lenders share the... Read more
7d
AllAfrica.com
Shell Appeals to Tanzania Tribunal Over U.S.$520 Million in Capital Gains Tax Claimtransactions involving assets including land and shares. The tax on share trans
Shell Appeals to Tanzania Tribunal Over U.S.$520 Million in Capital Gains Tax Claim
AllAfrica.com / Posted 7 days ago
transactions involving assets including land and shares. The tax on share transactions was eventually withdrawn after it was found to discourage foreign investments at the Nairobi Securities Exchange and replaced with a 0.3 per cent withholding... Read more
10d
AllAfrica.com
Dar es Salaam Stock Exchange Primary Offer Oversubscribed By 377 Percent50bn/-. After the deadline we received about 1,600 or 50 per cent of on time a
Dar es Salaam Stock Exchange Primary Offer Oversubscribed By 377 Percent
AllAfrica.com / Posted 10 days ago
50bn/-. After the deadline we received about 1,600 or 50 per cent of on time applications," Mr Masumai said. He said even Nairobi Securities Exchange wanted to buy DSE. The bourse put on offer 15 million shares at 500 each to raise 7.5bn/- with a... Read more
10d
AllAfrica.com
DSE Appeals for Halting of Proposed Capital Gain Taxsame 2014/15 budget. The mere announcement crashed the market by 40 per cent.
DSE Appeals for Halting of Proposed Capital Gain Tax
AllAfrica.com / Posted 10 days ago
same 2014/15 budget. The mere announcement crashed the market by 40 per cent. When the implementation started in 2015 the Nairobi Securities Exchange plummeted by 70 per cent in a single month. "They ended up reversing the decision from January... Read more
10d
AllAfrica.com
Dar Bourse IPO Five Times Oversubscribed in Scramble for SharesSh25billion from foreign investors," he said. Among foreign institutions that
Dar Bourse IPO Five Times Oversubscribed in Scramble for Shares
AllAfrica.com / Posted 10 days ago
Sh25billion from foreign investors," he said. Among foreign institutions that also invested in the bourse included the Nairobi Securities Exchange (NSE), a move that he said demonstrated confidence into the Tanzania stock market. On his part,... Read more
11d
The Age
Kenya may offer tea futures contracts, a world firstin the capital, Nairobi. The company has prepared a report for clients in Kenya
Kenya may offer tea futures contracts, a world first
The Age / Posted 11 days ago
in the capital, Nairobi. The company has prepared a report for clients in Kenya on the securities' potential, he said. The Nairobi Securities Exchange is already planning to start trading equity-index and currency futures in the second half of the... Read more
2 related stories
11d
Sydney Morning Herald
Kenya may offer tea futures contracts, a world firstin the capital, Nairobi. The company has prepared a report for clients in Kenya
Kenya may offer tea futures contracts, a world first
Sydney Morning Herald / Posted 11 days ago
in the capital, Nairobi. The company has prepared a report for clients in Kenya on the securities' potential, he said. The Nairobi Securities Exchange is already planning to start trading equity-index and currency futures in the second half of the... Read more
2 related stories
11d
Canberra Times
Kenya may offer tea futures contracts, a world firstin the capital, Nairobi. The company has prepared a report for clients in Kenya
Kenya may offer tea futures contracts, a world first
Canberra Times / Posted 11 days ago
in the capital, Nairobi. The company has prepared a report for clients in Kenya on the securities' potential, he said. The Nairobi Securities Exchange is already planning to start trading equity-index and currency futures in the second half of the... Read more
2 related stories
12d
AllAfrica.com
Shoe Vendor Gets Nod to List on Nairobi's Gems BoardThe Nairobi Securities Exchange (NSE) has approved the listing of the Nairobi B
Shoe Vendor Gets Nod to List on Nairobi's Gems Board
AllAfrica.com / Posted 12 days ago
The Nairobi Securities Exchange (NSE) has approved the listing of the Nairobi Business Ventures (NBV), a leather products retail chain, on its Growth and Enterprise Market Segment (GEMS). The company, which operates under the brand name KShoe, will... Read more
12d
AllAfrica.com
Equity Bank Chairman's Firm Seeks 23 Percent More Stake in Britamthe Mauritian businessman was defrauding citizens through a Ponzi scheme. The d
Equity Bank Chairman's Firm Seeks 23 Percent More Stake in Britam
AllAfrica.com / Posted 12 days ago
the Mauritian businessman was defrauding citizens through a Ponzi scheme. The development threw the Britam stock on the Nairobi Securities Exchange (NSE) into a free fall with its value halving from a high of Ksh28 ($0.27) per share to trade at... Read more
12d
AllAfrica.com
Imperial Bank Directors Win Reprieve After Court Halts Sh2 Billion Bond Probe& Blair, Hamilton Harrison & Mathews and PKF Kenya) with the relevant authoriti
Imperial Bank Directors Win Reprieve After Court Halts Sh2 Billion Bond Probe
AllAfrica.com / Posted 12 days ago
& Blair, Hamilton Harrison & Mathews and PKF Kenya) with the relevant authorities being Central Bank of Kenya, CMA, and Nairobi Securities Exchange (NSE). However, at a meeting between the directors and CMA on January 13 the regulator stated... Read more
18d
AllAfrica.com
Dividend At Last for Centum Investors As Firm Earns Sh9.9 Billionin after-tax profit to Sh9.9 billion. The dividend represents a Sh665 million
Dividend At Last for Centum Investors As Firm Earns Sh9.9 Billion
AllAfrica.com / Posted 18 days ago
in after-tax profit to Sh9.9 billion. The dividend represents a Sh665 million total payout by the firm listed on the Nairobi Securities Exchange. Centum Group Chief Executive Officer James Mworia yesterday said the end of the zero-dividend... Read more
19d
AllAfrica.com
Tanzania's Bank M to Cross-List On Dar, Nairobi Stock Marketsthis month, is seeking to list at the Dar es Salaam Securities Exchange (DSE) b
Tanzania's Bank M to Cross-List On Dar, Nairobi Stock Markets
AllAfrica.com / Posted 19 days ago
this month, is seeking to list at the Dar es Salaam Securities Exchange (DSE) by end-year and later cross-list at the Nairobi Securities Exchange. It will become the first Tanzanian lender to enter the Kenyan market after 73 per cent of its... Read more
20d
AllAfrica.com
Jamii Bora's Kimani Appointed Chairman of NSE BoardJamii Bora Bank Chief Executive Samuel Kimani has been appointed as the new Cha
Jamii Bora's Kimani Appointed Chairman of NSE Board
AllAfrica.com / Posted 20 days ago
Jamii Bora Bank Chief Executive Samuel Kimani has been appointed as the new Chairman of the Nairobi Securities Exchange (NSE) effective June 6, 2016. Prior to his current job Kimani has served as Finance Director and later as the Deputy CEO, KCB... Read more
21d
AllAfrica.com
Proposal for New Platform Enabling Kenyan Saccos to List On the NSEKenya's savings and credit co-operative societies (Saccos) are closer to tradin
Proposal for New Platform Enabling Kenyan Saccos to List On the NSE
AllAfrica.com / Posted 21 days ago
Kenya's savings and credit co-operative societies (Saccos) are closer to trading their shares on the Nairobi Securities Exchange, even as their bid to convert into fully-fledged commercial banks could prove difficult under a new financial sector... Read more
26d
AllAfrica.com
Longhorn Announces Plans to Cross List in EAC Marketswas speaking during the bell ringing ceremony to kick off trading of the 126 mi
Longhorn Announces Plans to Cross List in EAC Markets
AllAfrica.com / Posted 26 days ago
was speaking during the bell ringing ceremony to kick off trading of the 126 million shares of the Rights Issue at the Nairobi Securities Exchange (NSE). Ngigi says the successful Sh530 million Rights Issue now opens doors for cross listing in... Read more
26d
AllAfrica.com
Imperial Bank Chiefs Risk Sh4 Billion Fine Over Details of Bond Issuelight of the gravity of the allegations to be determined. The closure of Imper
Imperial Bank Chiefs Risk Sh4 Billion Fine Over Details of Bond Issue
AllAfrica.com / Posted 26 days ago
light of the gravity of the allegations to be determined. The closure of Imperial Bank left the markets authority and the Nairobi Securities Exchange with egg on their faces, having approved the Sh2 billion fundraising that almost traded on the... Read more
27d
AllAfrica.com
Focus Shifts to Bonds After CBK Rate SlashEconomist Jibran Qureishi said investors were keen on Treasury Bills and bonds
Focus Shifts to Bonds After CBK Rate Slash
AllAfrica.com / Posted 27 days ago
Economist Jibran Qureishi said investors were keen on Treasury Bills and bonds with falling returns on stocks at the Nairobi Securities Exchange. "Treasury Bills and bonds have seen a lot of activity because there is a general market... Read more
27d
AllAfrica.com
NSE Boss Urges Firms to Put Up Measures to Fight GraftThe Nairobi Securities Exchange board on Monday said all listed companies must
NSE Boss Urges Firms to Put Up Measures to Fight Graft
AllAfrica.com / Posted 27 days ago
The Nairobi Securities Exchange board on Monday said all listed companies must publicly declare anti-graft programmes taken within and throughout their value chains. Board Chairman Eddy Njoroge said all companies trading on the bourse must report... Read more
27d
AllAfrica.com
Dar Bourse IPO Plans Whet Investors' Appetitegross revenue generation, then big return." Mr Masumbuko said some investors th
Dar Bourse IPO Plans Whet Investors' Appetite
AllAfrica.com / Posted 27 days ago
gross revenue generation, then big return." Mr Masumbuko said some investors thrust to buy share based on the success of Nairobi Securities Exchange and Johannesburg Stock Exchange self-listing. "People (investors) know how successful these... Read more
28d
AllAfrica.com
KenGen Chooses Rights Issue Over Privatisation to Mobilise Capitalwho own the other 30 per cent fail to take up their rights in the ongoing cash
KenGen Chooses Rights Issue Over Privatisation to Mobilise Capital
AllAfrica.com / Posted 28 days ago
who own the other 30 per cent fail to take up their rights in the ongoing cash call. Last week, KenGen stock on the Nairobi Securities Exchange traded below the offer price, raising fears that the minority shareholders could prove reluctant... Read more

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