STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Nairobi Bourse Unlocks Regional Access Via Absa South Africa Link
The Nairobi Securities Exchange(NSE) has successfully done a live link of its trading infrastructure with Absa Bank South Africa, allowing the giant financial...
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TPS Eastern Africa Plc(Serena) Issues Profit Alert
TPS Eastern Africa Plc, the owners of Serena Group of Hotels which is majority-owned by the Aga Khan Fund for Economic Development (AKFED),...
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CBK Seeks KSh40B in December for Budget Spending
CBK (Central Bank of Kenya) has invited bids for a re-opened 25-year and 30-year Treasury Bonds, the purpose of the December Auction being...
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Standard Chartered Bank Kenya Q3 Net Profit Slumps 38.3% to KSh 9.8Bn
Standard Chartered Bank Kenya(SCBK) Limited, a subsidiary of UK-based Standard Chartered Plc, has posted a significant drop in its Profit After Tax(PAT) to...
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 Uchumi Get Investors’ Nod Despite Looming Liquidation
Uchumi Supermarkets is considered one of the top performers at the Nairobi Securities Exchange(NSE), its share price being considered the fastest rising this...
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Stanbic Bank Kenya Q3 Net Earnings Drop 8% to KSh 9.38 Billion
Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc that is listed at the Nairobi Securities Exchange(NSE) recorded a decline in Net Profit...
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DTB Q3 Net Profit Up 8.4% to KSh 8.37Bn
DTB(Diamond Trust Bank) Group has recorded an 8.4% increase in Profit After Tax (PAT) of KSh 8.37 Billion over the first nine months of...
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CMA Slaps KSh10m Fine on Global Accounting Firm Over Uchumi Ghosts
CMA (Capital Markets Authority) has imposed a KSh 10 million financial penalty on UK-based Ernest&Young Accounting and Audit firm for their failure to...
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