Market News


Foreign direct investment in Africa at all time high
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Although foreign direct investment (FDI) fell by 8.4% in 2014, capital investment into Africa surged to US$128b, a year-on-year increase of ...

‘Grexit’ Continues To Weigh On Sentiment
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NSE Circumspect Atmosphere Sees Gathering at Counters The market activities got off to a positive start as both indexes gained, at a ...

East African Breweries largest mover of the day
East African Breweries Posts HY KSh 4.95 Billion in Profit-after-tax
Kenyan Stock Market The NSE 20 and NASI index rose 27.22 points and 0.57 points respectively to settle at 4,837....

Uchumi mulls over closure of underperforming branches
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Uchumi mulls over closure of underperforming branches Uchumi Supermarkets could shut down some of its underperforming branches resulting in job losses as ...

New Central Bank of Kenya governor formally appointed
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NSE Approves KES 0.38 Dividend Payment As the week draws to a close, market activities registered mixed movements as investors bowed ...

CMA Investor Education County Outreach Program moves to Kericho and Bomet Counties
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As part of its efforts to enhance capital markets outreach within the counties, Capital Markets Authority (CMA) has organised a series of ...

Jubilee Insurance launches funeral cover
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Jubilee Insurance has launched Jubilee Family Shield; a funeral insurance cover. The cover is designed to minimize the financial and emotional impact ...

Kenya Bankers Association Members appoint governing council
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Members of the Kenya Bankers Association (KBA), the banking industry umbrella body, nominated and appointed their board of directors, known as the ...

How IFMIS prevented theft of NYS funds
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The media has in the recent past been awash with reports on how the automated public financial management system (IFMIS) did not ...

Devolution drives Davis & Shirtliff expansion strategy
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Davis & Shirtliff, the country’s leading supplier of water and energy related equipment, has undertaken its biggest network expansion in over 60 years, ...