Markets

The capital markets regulator has extended its ongoing investigation to the board of Kakuzi weeks after grilling the firm’s top executives as it sought to understand their oversight roles during …

Investors gained Sh42.1 billion in paper wealth in the highest daily gain at the Nairobi Securities Exchange (NSE) in three weeks as markets welcomed the Supreme Court ruling upholding the …

Morocco’s central bank, Bank Al-Maghrib (BAM), and the Moroccan Authority for Capital Markets(AMMC) released on Monday a joint statement warning against pyramid selling and ponzi schemes. The press release noted that …

Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …

The family of the late President Daniel Moi has restructured its ownership in Standard Chartered Bank, with his son appearing among the top individual owners of the listed lender. Regulatory …

Nigerian equities yesterday opened the week negative as the All-Share Index declined by 0.05 percent. The All Share Index (ASI) decreased by 25.95 absolute points, representing a dip of 0.05 …

The Securities and Exchange Commission (SEC) Nigeria, has asked the federal government to consider its proposal to exempt corporate bonds from tax payment to boost liquidity in the Nigerian capital …

India has grown to become Kenya Re’s second largest source of business contributing 32 percent of its gross premiums behind Kenya’s 38 percent in the year ended December, according to …

Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with …

Parthian Partners Limited, a Nigerian Capital Market Conglomerate, has announced the issuance of its debut N10 billion 3-year Fixed Rate Senior Unsecured Short-term Bond. The issuance represents the first short-term …