PRIME Dangote seeks to increase IPO shares on high demand Kenyan investors have been given access to the IPO for as little as Sh49 via the Nairobi Securities Exchange (NSE) under a new vehicle that awaits regulatory approval.
PRIME Dangote offers Kenyans shares for Sh49 via NSE Kenyan investors will be able to buy and sell the receipts through licensed local brokers.
PRIME Mbadi: Kenya willing to grow stake in the Dangote refinery The Lamu project is being developed by the Nigerian billionaire Dangote with backing of the Africa Finance Corporation (AFC).
PRIME Kenyan Eurobond yields fall, defy renewed jitters The falling yields is a signal of Kenya’s opportunity to raise cash cheaply in the internal capital markets through instruments like Eurobond.
PRIME Investor presses CMA for Mumias freeze answers Mumias was suspended from trading in September 2019 after it was put into receivership by KCB Bank over debt default.
PRIME Shelter Afrique to float Sh65billion bond in Q1 2027 The lion’s share of the planned sustainability-linked bond will be floated on the Nairobi Securities Exchange owing to the size and depth of liquidity in the market.
PRIME CBK leans on two bonds, targeting Sh50 billion The two papers have each been reopened five times in the last 12 months, placing them among the go-to bonds for the CBK in its recent domestic borrowing programme for the government.
PRIME Quickmart brings back dividends to NSE’s commercial services Quickmart is expected to launch its public offer by the end of this month when its current owners will offload two billion shares, representing 50 percent of its four billion issued shares.
PRIME Quickmart to sell 57pc stake on NSE in multi-billion-shilling deal Its four core investors will each sell part of their shares, with Adenia remaining the anchor shareholder at the Supermarket.
PRIME Nyoro gets Sh32m after Kenya Power 50pc dividend increase The MP is the top individual investor in Kenya Power with a stake of 1.1 percent being 21.5 million shares.
PRIME NSE reclaims Sh4trn valuation on Friday rally Market capitalisation —the measure of investor wealth— rose Sh56.24 billion on Friday to close the week at Sh4.004 trillion.
PRIME Kenyan investors miss out on Dangote’s Sh200bn IPO Dangote’s IPO opened on September 14 and is expected to close on October 13, raising up to Sh200.8 billion ($1.55 billion) by selling 4.1 billion shares at a cost of Sh49.25 ($0.38/525 Naira) each.
PRIME ‘Prof Carl’ and the failed 2025 investment scheme that preceded QVSE Like QVSE, PCEX relied on copy trading, where an investor automatically mirrors the trades of another, usually more experienced, trader.
PRIME Juja’s avocado exporter Karakuta eyes NSE listing Once Karakuta lists, the NSE will gain an additional member in the agricultural segment, which currently has six companies.
PRIME NSE drops below Sh4trn as sell-off deepens Foreign investors have sold a net of Sh2 billion worth of shares in the last three days, putting large stocks under pressure.
PRIME Investment banker seeks Sh137m commission from KPC sale Patrick Ouma Kwome, a former associate at Rock Investment Bank, claims that the firm withheld commissions arising from his role in the IPO.
PRIME CBK rejects Sh31bn as investors get juicy discounts Investors offered the apex bank Sh81.4 billion, out of which the CBK accepted Sh50.18 billion, meaning the sale fell short of target by Sh9.82 billion.
PRIME Ndegwa, Dilip take extra Sh337 million shares in Safaricom The stakes of the two Safaricom executives have grown over the years as they hold shares they receive from the company’s stock-based compensation plan.
PRIME NSE investor wealth sheds Sh158bn in one week The valuation loss comes on the back of a strong rally at the bourse from mid-August, when it crossed the Sh4 trillion market cap milestone for the first time.
PRIME CMA warns against investments in 15 illegal funds Regulator says they targeted the public with dubious investment opportunities.
PRIME Centum businesses grapple with loans as parent is debt-free The group’s bank borrowings—representing amounts owed by the operating units—rose to Sh13.6 billion in the review period from Sh12.2 billion a year earlier.
PRIME Safaricom, banks pay 80pc of NSE dividends Dividends represent a tangible or realised return booked by investors from their holdings, adding to the paper gains they have made over the last three years in the NSE’s bull run.
PRIME Local firms pile into Co-op Bank shares as individual investors sell Co-op Bank attracted 9,931 new shareholders with holdings of between one and 500 shares, who added 1.08 million shares to the register.
PRIME Ruto fund eyes Sh42bn yearly returns from bonds NIF’s target is that for every Sh1 from the fund, it would mobilise an additional Sh10 from private capital holders such as pension funds.
PRIME State eyes Sh60bn in second bond sale in September Overall, the State had set a target of Sh120 billion from the September bond issuances, looking to add to the Sh406 billion in net domestic borrowing it achieved in July and August.
