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MARKETS

Kenyans sinking billions in crypto-currencies risk big losses

Kenyans have invested more than Ksh160 billion ($1.6 billions) in crypto-currencies without understanding how it works. Cryptos run on a technology called block chain...

Banks struggle at the NSE as I & M stock plummets 40%

Banks managed a less than stellar display at the Nairobi Securities Exchange on Monday, even as the bourse turnover opened the week Ksh70 million...

How stocks performed at the NSE last week

Last week, weekly trading at the Nairobi Securities Exchange (NSE) dropped to a total turnover of Ksh1.8 billion having posted Ksh2.27 billion the previous...

Pangani tenants get two-year rent as relocation set to begin

The construction of 1,500 new affordable houses in Pangani estate is finally set to kick off after residents agreed to be relocated. In a tweet...

NSE stocks dip fueled by loss making firms

As stocks at the Nairobi Securities Exchange (NSE) slumped on May 8, the decliners tab was dominated by a number of firms who are...

NSE Plc dividend will make shareholders 63% richer

Shareholders of the Nairobi Securities Exchange (NSE) company are set to receive around Ksh127 million in dividend payout, subject to approval at an annual...

Labour Day hangover as NSE turnover down Sh383 million

Market turnover at the Nairobi Securities Exchange resumed at a 45.5% decline after having taken a break for Labour Day. Having posted equity turnover of...

Safaricom stock jumps 15cents as Co-op bank stumbles

Having traded as high as 2% over the previous day's stock price, Safaricom stock rose by 15 cents to settle at Ksh28.15 at closing...
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