Nairobi Securities Exchange (NSE)

86 Articles
Besides Absa, Patel owns stakes in companies including Carbacid Investments, Sanlam Kenya, Bamburi Cement and Co-op Bank. [Photo/ The Exchange]
BUSINESSFEATURED ARTICLE

NSE Billionaire Baloobhai Patel’s Mega-Deals Shaking The Market

The Nairobi Securities Exchange (NSE) in recent years has been hit hard by the exit of foreign investors and a macro-economic downturn, driving...

The move represents a policy break from the previous administration, led by former President Uhuru Kenyatta, which was reluctant to reduce its positions in key companies, citing strategic, regulatory and national security considerations. [Photo/ NSE]
BUSINESSECONOMYMARKETS

Ruto Takes Ksh792B Offer Uhuru Rejected

President William Ruto has thrown the State's weight behind the struggling Nairobi Securities Exchange (NSE), in what is possibly the biggest indicator of...

BUSINESSMARKETSSMART MONEYSTOCKS

Buy the Dip – NSE Urges Kenyans to Pounce on Cheap Stocks

Nairobi Securities Exchange (NSE) Chairman Kiprono Kittony has encouraged Kenyan investors to take advantage of low prices at the stock market to expand...

The now-suspended charge was expected to earn CDSC Ksh1.8 billion annually. [Photo/ News Alert]
FEATURED ARTICLE

CDSC Charges Suspended Amid Outcry

The Central Depository and Settlement Corporation Limited (CDSC) has announced the suspension of a newly introduced Ksh100 monthly account maintenance fee. The move...

Former Nairobi Securities Exchange (NSE) Chairman Jimnah Mbaru is among those opposed to the fees. [Photo/ NMG]
FEATURED ARTICLE

Kenyan Investors Protest New Maintenance Fee

Investors are up in arms over the newly introduced monthly Ksh100 account maintenance fee by the Central Depository and Settlement Corporation Limited (CDSC)....

Safaricom CEO Peter Ndegwa.
FEATURED ARTICLE

Safaricom Records Ksh210 Billion Loss At The Bourse In One Month

Safaricom, Kenya's biggest telco, recorded the biggest loss at the Nairobi Securities Exchange (NSE), following a massive exodus of foreign investors. The telco...

Stanbic Holdings Plc CEO Charles Mudiwa speaks at an event held at Serena Hotel, Nairobi on March3, 2022 to announce the firm's 2021 results. [Photo/ @StanbicKE]
BUSINESSMARKETS

Stanbic’s Impressive 57% Profit Growth Turns Heads

Stanbic Holdings Plc on Thursday, March 3 published its full year results for the period ended December 31, 2021. The NSE-listed firm with...

Safaricom CEO Peter Ndegwa at a past forum. The dividend announcement drove up Safaricom stock prices on the NSE on February 25, 2022. [Photo/ Courtesy]
BUSINESSMARKETSSTOCKS

Safaricom Dividend Announcement Excites NSE Investors

Safaricom stocks rallied at the Nairobi Securities Exchange (NSE) on Friday, February 25 following the telco's declaration of an interim dividend to be...

The NSE is counting on the introduction of day trading to enhance market liquidity. [Photo/ The Economic Times]
BUSINESSMARKETS

Day Trading Goes Live at the NSE

Day Trading at the Nairobi Securities Exchange (NSE) finally went live on Monday, November 22. The roll-out of day trading at the Nairobi...