NSE derivatives

NSE becomes the second African market with derivatives

The Nairobi Securities Exchange Derivatives Market futures will start trading today, with the official launch of the market slated for 11 July 2019, becoming the second market after Johannesburg Stocks Exchange to offer the...
NIC Bank

Merger spurs chase for NIC bank stocks despite revenue decline

NIC bank (NIC: Sh31.60) gained 8.6 percent on the counter despite posting a 9.2 percent decline in net profits of Sh931 million by March from Sh972 million in the first quarter last year. The impressive...

Uchumi’s fate hangs on creditors meeting

It is D-day for Uchumi as it meets creditors to decide on the retailer's fate. The oldest Kenyan retailer will need an endorsement from its suppliers to accept a deal that will give them a...
NSE trading

Market report: NSE turnover soars to Sh1.1bilion boosted by BAT

EQUITIES Boosted by the sale of B.A.T shares, turnover soared to Kes.1.1Bn from the previous session’s Kes.215M, the number of shares traded stood at 13.7M against 7.5M posted yesterday. INDICES All NSE indices closed the day in...
Betin kenys

Bet-In Sports and make Pesa; evolution of Kenyan betting

A yellow booth stands on the kerb off Kaunda street looking like a watchman’s, quarters of sorts but for many who stop by momentarily, it is a shop for buying Safaricom and Airtel scratch...