PRIME Insurers’ NSE portfolio climbs to four-year high amid rally The rise in the share of the industry’s NSE holding came in the period their value of quoted shares rose 75.4 percent to Sh47.46 billion from Sh27.05 billion, pointing to a mix of new purchases...
PRIME Gamblers beat NSE with Sh330bn stakes in one year As a boom in online gambling across Africa gathers pace, governments are hiking taxes to contain addiction risks and fill depleted state coffers.
PRIME Lower fuel prices seen arresting interest rates jump Analysts say that the Central Bank of Kenya now has a strong case to hold its rate unchanged.
PRIME CMA licenses more players as it expands regulatory footprint The licensing drive extended to the asset management industry, where CMA approved three new fund managers.
PRIME Regulators plan to open Kenya’s carbon exchange in early 2027 Plans to accelerate the establishment of a carbon exchange follow Kenya's setup of the National Carbon Registry in February 2026.
PRIME CMA warns special funds on ‘abnormal’ returns promises There is a likelihood of new regulations targeted at special funds.
PRIME NSE posts 19pc dollar returns in half year An appreciating local currency gives foreign investors an exchange gain when valuing their returns.
PRIME KCB, SBG bag Sh4bn in Safaricom shares trade Stockbrokers earn a commission of up to 1.78 percent for transactions below Sh100,000, with large deals such as the Vodacom transaction executed at a discounted rate.
PRIME Where investors made money in first half of year By the end of March, the collective investment schemes had Sh851.7 billion in assets under management, held by 3.63 million investors.
PRIME Shah family paper wealth doubles to Sh17.35bn on I&M Group share rally The bank’s stock has emerged as the top gainer in the banking segment on the NSE over the past year, beating Co-operative Bank (up 91.6 percent), DTB (87.7 percent) and Stanbic Holdings (70.4...
PRIME Kenya misses out on Sh16bn as Safaricom stake sale closes South Africa's Vodacom completes purchase of an additional 15 percent stake in Safaricom.
Vodacom buys State’s Safaricom stake days after court clears sale The deal reshapes Safaricom’s ownership structure, leaving the Kenyan government with a 20 percent stake in the telecommunications giant.
PRIME CBK seeks Sh80 billion from July bond auctions The CBK has been issuing discounts to investors in long-term bonds in a move that effectively raises their returns to reflect the jump in interest rates compared to when the securities were first...
PRIME Banks raise NSE wealth share to record 42.5pc on bull run This rising prominence of banks at the NSE has now increased the concentration risk at the market, which has been dominated in recent years by a few large blue chips including Safaricom and large...
PRIME Muya and associates gain Sh4.7bn on Family Bank listing Mr Muya and his associates currently hold a combined 35.67 percent stake in the bank, equivalent to 593.03 million shares.
PRIME CBK raises extra Sh29bn from June bonds amid funding pressure Bond prices and yields (the interest rates) have an inverse relationship where the cost of purchasing a bond edge higher when yields are headed lower.
PRIME NSE adds Sh160bn on US-Iran ceasefire deal The progress in peace talks saw global crude prices ease 1.9 percent to $79.07 a barrel, far away from its May peak of $126.41.
PRIME Absa gains Sh7bn as parent firm offers premium price Absa Bank becomes the latest lender to stage major share price gains catalysed by mergers and acquisitions announcements.
PRIME Advisers line up for Sh77m payout from Family Bank listing Marketing firms will take the biggest share of the transaction budget as the lender prepares to start trading on the Nairobi Securities Exchange.
PRIME CBK pushes back, rejects Sh35bn bond bids at auction Reopened bonds normally come with an existing coupon or actual interest rate that was set when the bonds were floated for the first time in the market.
PRIME Investors eye Sh2bn gain on Family Bank listing The lender’s issued shares will grow to 1.85 billion from the current 1.66 billion, which will give it a starting market capitalisation of Sh29.9 billion when it joins the main investment market...
PRIME KPA, coastal counties line up Kenya’s first blue bond Kenya is racing to launch its inaugural $300 million blue bond to finance coastal and ocean economy projects before 2026.
PRIME Muya and allies free to sell their Family Bank shares on listing The waiver clears the way for founder Titus Muya and related shareholders to reduce their stake in Family Bank.
PRIME Investors demand 9pc return on T-bills despite CBK move Short-term government securities yields continued to rise as investors sought compensation for higher inflation.
PRIME Family Bank set to list on NSE at Sh30bn valuation Family Bank will debut on the Nairobi Securities Exchange at Sh18 per share.
