PRIME CBK plans new bonds platform for ‘hustlers’ CBK is setting up a new bond system to attract small retail investors in efforts to grow access to Treasury instruments.
NSE eyes higher foreign inflows on improved access to currency NSE is expected to see improved portfolio inflows from foreign investors following the end of the hard currency drought.
CMA admits Alphabloq to test its real estate platform CMA has admitted real estate tokenisation platform Alphabloq Technologies Limited to its sandbox programme.
Pension funds cut stock holdings to 11-year low of Sh145 billion Pension funds cut their holdings in listed shares (equities) to an 11-year low of Sh145.1 billion.
Members struggle to exit Safaricom Investment Sacco Members seeking to exit Safaricom Investment Co-operative are having trouble finding buyers for their shares.
CBK seeks Sh15bn from 10-year bond tap sale The Central Bank of Kenya (CBK) is seeking Sh15 billion from the tap sale of a 10-year paper.
PRIME Equity insurance unit jumps to fourth slot in market share Equity Group's life insurance subsidiary has tripled its market share to become the fourth-largest long-term underwriter in Kenya.
CMA admits five new firms as demand for licence grows CMA has licensed five new firms to enter the financial services sector.
PRIME NSE posts 44 percent dollar returns in four months as equities recover The Nairobi Securities Exchange (NSE) posted returns of 44.43 percent in US dollar terms.
Court rejects Sh10m Tatu City service charge demand A court has dismissed a Sh10 million service charge claim demanded from one of the property owners at the Tatu City real estate project.
KWFT inks Sh725m deal to expand lending to women-owned businesses KWFT and the African Guarantee Fund have signed a Sh725 million risk-sharing partnership agreement.
PRIME Borrowing cut to help central bank lower interest rates The National Treasury is cutting its expected net borrowing for the current fiscal year by Sh67.5 billion.
StanChart dividend yield up to 17pc as bank stocks drop Standard Chartered Bank Kenya's dividend yield has grown to 17 percent.
Co-op taps Sh3.3bn loan to boost women-led SMEs Co-operative Bank of Kenya has received a Sh3.32 billion long-term loan for on-lending to women-led MSMEs.
Mauritius-based firm to take over West Kenya gold firm West Kenya gold explorer Shanta Gold is set to be taken over by a Mauritius-based investment fund-Saturn Resources Limited.
PRIME Foreigners break NSE selling spree with Sh1bn April inflows The net buying position was the first since August last year and signals a change in bearish sentiment by the key market participants.
PRIME Banks, pension funds blocked from juicy infrastructure bonds This marks the latest move to reform the bond market in favour of retail investors.
PRIME 20 foreign institutional investors flee NSE in three months Some 20 foreign institutional investors exited the Nairobi Securities Exchange (NSE) in the first three months of 2024.
PRIME Investors earn Sh4.6bn in March bond trades Bondholders realised a profit of Sh4.6 billion from selling the 6.5 and 8.5-year infrastructure bonds in the secondary market in March.
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.