Pressure to keep high rates as Sh369bn debt matures Heavy domestic debt maturities in May and June are set to complicate the Central Bank of Kenya’s (CBK) efforts to bring down interest rates.
Top banks splash Sh186 billion to keep rich depositors Listed Kenyan banks splashed Sh186.3 billion to attract and retain high-value deposits in 2023.
Listed banks pay out 49pc of NSE dividends Listed banks accounted for nearly half of all dividends paid out by Nairobi Securities Exchange.
Central Bank raises Sh34.7bn from re-opened two-year Treasury bond CBK has raised Sh34.7 billion from its auction of a re-opened two-year bond.
NSE wealth falls by Sh127 billion on profit-taking Profit-taking by investors at NSE in the past two weeks has cut investor wealth at the bourse by Sh127.4 billion.
NSSF buys additional Sh98 million KCB Group shares NSSF stake in KCB Group has hit a new high of 9.84 percent after it purchased additional shares.
Puzzle of dropping bond prices despite low interest rates outlook The premium prices on tax-free infrastructure bonds at the secondary market have begun dropping.
Till rates in sharp decline in latest auction The interest rate on the 91-day Treasury bill fell by the largest weekly margin in nine and a half years.
Why big banks sought rescue loans from CBK Kenya’s nine top-tier banks owed Sh126.5 billion to the lender of last resort in the year to December.
World Bank warns of debt distress in Eurobond buyback The World Bank Group has warned Kenya of the persistence of a high risk of debt distress.
Why Kenyans do not earn interest on M-Pesa balances In other African countries, including Uganda and Tanzania, mobile money customers earn interest on their balances.
Top banks cut paper losses on bonds by Sh16 billion in new lending trend Top-tier banks cut the paper losses on the market value of their bond holdings by Sh15.9 billion last year.
Safaricom’s Mali unit trust asset base hits Sh1.4bn Total assets managed by the Safaricom-backed unit trust scheme, Mali hit Sh1.4 billion.
Umeme concession payout falls to Sh44bn on investments Umeme Limited has cut the value of compensation it expects shareholders to receive from the Ugandan government.
Win for NSE as index provider lifts restrictions NSE is set for a boost in foreign investor inflows after FTSE Russell Index lifted a restriction on the bourse.
Foreigners sell Sh2.3 billion NSE stocks in three months Foreign investors extended their exit from the NSE into the quarter to March this year.
SIB’s offshore fund posts 18pc returns SIBs multi-asset strategy fund Mansa-X generated a return of 18.01 percent on its Kenya shilling fund.
Market data sales raise NSE profits to Sh18.4m NSE reported a 34 percent increase in net profit to Sh18.4 million in the year ended December.
CBK eyes Sh65 billion from reopened bonds The Central Bank of Kenya is seeking to raise a total of Sh65 billion from a reopened two-year bond.
Share of expensive dollar debt seen falling as shilling gains The scale of domestic and external debts could have tilted in favour of the latter by January.
NSE gains Sh96bn, biggest one-day jump in 18 months The Nairobi Securities Exchange (NSE) added Sh95.53 billion in investor wealth on Tuesday.
Win as world’s largest asset management firm picks NSE One of the world’s largest asset management firms BlackRock has made an investment on NSE.
Why analysts see bond turnover crossing Sh1 trillion this year Bond turnover at NSE could cross the Sh1 trillion mark for the first time.
End of 18pc returns for investors as CBK rejects Sh37bn bids CBK turned down Sh37.1 billion worth of investor bids in this week’s Treasury bond auction.
CMA allows electronic IPOs in drive to cut costs CMA has opened a window for new firms to list shares on the Nairobi Securities Exchange.