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STOCKS

6 NSE Stocks Minting Money For Investors Amid Rising Cost Of Living

NSE Stocks Minting Money For Investors: These 6 stocks have delivered the highest returns for investors since the beginning of the year. The stocks represent a diverse range of industries.

Safaricom Shareholders Sh48 Billion Richer After Dividend Payout

Safaricom shareholders have approved a final dividend of Ksh0.62 per ordinary share with the dividend payout amounting to Ksh24.84 billion.

Homeboyz Springs Back With a Strategic Investor

After one year hiatus from the Nairobi Securities Exchange (NSE), Homeboyz Entertainment PLC staged a successful fightback last Monday. Homeboyz shares opened at Ksh4.66...

Jimnah Mbaru Makes Ksh318 Million in Latest Deal

Jimnah Mbaru raked in Ksh318 million in a recent deal as he sold 64.8 million shares of his holdings in Nairobi Securities Exchange (NSE)-listed financial services group Britam, disclosures have revealed.

Nation Media to Buy Back More of Its Shares

Nation Media Group (NMG) has announced a second buy back program, with the media giant aiming to buy back 10% of its shares at the Nairobi Securities Exchange (NSE).

Can You Make Money In a Bear Market?

All assets tend to decline with rare recovery periods during a bear market. At some point, the price of an investment will fall low enough to become attractive to investors again. An accumulation phase usually follows, followed by a trend reversal. People buy crypto futures during this time.

Safaricom Net Profit Falls to Ksh52.5 Billion

"This year, we all experienced tough headwinds, including high inflation, a depreciating shilling, severe drought, and failed rain seasons among others," noted Safaricom CEO Peter Ndegwa, alluding to the larger macro-economic downturn in Kenya.

NSE Equities Market Turnover Falls 92.65% to Sh191.3 Million

The Nairobi Securities Exchange (NSE) posted a decrease of 92.65% to KSh 191.33 million from KSh2.06 billion recorded this Thursday.
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