PRIME Umeme hints at lifting of share trading suspension Umeme stock has been suspended from trading since March 31, with the freeze extended by Uganda and Kenya regulators.
PRIME Licensed unit trusts hit 55 on rising investor interest Unit trusts make up the largest pool of licensed vehicles in Kenya’s capital markets ahead of other investment classes.
PRIME Saccos lend Sh91bn as banks, MFB loans decline Saccos began disbursing more loans early in 2024, driven by rising credit demand as bank interest rates became untenable.
PRIME Rich investors earn Sh57bn from Treasury bond deals Data published by CMA shows that the higher profits have also coincided with an increase in trading activity on the secondary market at the NSE, reflecting a rush to cash in on the capital gains...
PRIME May bond sales hit Sh100bn on close of latest auction The bonds were sold against a background of falling yields on securities following the recent cuts in the Central Bank rate (CBR) from 13 percent in August 2024 to 10 percent in April.
PRIME Foreigners’ NSE participation sinks on US tariff jitters Foreign participation dropped from 46.22 percent in January to 31.03 percent in March due to the impact of the US tariff announcement.
PRIME Secured interbank lending doubles to Sh69.6bn Market data shows that the lenders tapped a cumulative Sh69.67 billion from the horizontal repos between January and April in 2025.
PRIME Baloobhai Patel buys extra Sh157 million Absa Bank shares Patel’s latest shareholding in Absa means he will earn a dividend of Sh113.8 million per year.
PRIME Investors warm to long-term bonds in reopened Sh50bn sale The 15 and 25-year papers were first issued in April and October 2022, respectively, while the 20-year bond was initially sold in November 2012.
PRIME BK Group to issue shares in Rwandan insurers buyout BK Group is currently trading at Sh31.70 on the NSE, giving the lender a market capitalisation of Sh28.42 billion.
PRIME Dividend freeze looms as banks race to boost capital CBK says banks with a core capital base below Sh10 billion will likely freeze dividends to retain all of their profits in a bid to meet new capital requirements.
PRIME Offshore investors offload Sh1bn of KCB shares in first quarter The shares divested by the offshore investors were snapped up by local institutional investors.
PRIME CBK eyes Sh80bn from bond sale to fund big May payment The sale of the 15 and 25-year papers will run until April 30, while the 20-year bond will be in the market until May 7.
PRIME Dividend yields on listed stocks overtake returns from government papers 19 firms posted dividend yields above the 91-day T-bill rate of 8.46 percent, with 12 of them also beating the one-year rate of 10.07 percent.
PRIME High investor appetite pushes NSE bond turnover up 46pc in first quarter Trading activity has mainly been concentrated on an 8.5-year infrastructure bond (IFB) issued in February 2024, and a trio of 17-year, seven-year, and 6.5-year IFBs issued in March, June, and...
PRIME Interbank lending rates fall to 20-month low on CBK moves The interbank lending rate has an influence on the cost of borrowing for consumers as it determines part of a lender’s funding expenses.
PRIME Top banks record Sh58.2bn gains on rebound in bond prices The nine major lenders had previously recorded Sh36.9 billion in impairments on bonds held for trading in 2023 as interest rates rose.
PRIME Umeme investors face payout delays on buyout deal dispute The company’s latest available shareholder register shows that by the end of 2023, it had a total of 6,543 shareholders, out of whom 5,068 had a holding of 10,000 shares or below each.
PRIME Investors hit as savings, bonds, NSE returns fall US tariffs, which sow fears of global trade war and recession, have battered stocks across the world, with the Nairobi Securities Exchange (NSE) losing Sh74.3 billion in a week.
PRIME T-bill rates fall to 3-year low on CBK move CBK’s momentary policy committee cut the base lending rate by 0.75 percentage points to 10 percent in its meeting on Tuesday.
PRIME NSE, shilling rebound on Trump tariff pause Bank stocks and tech shares were hit hard, retracing some of Wednesday's epic gains amid scepticism.
PRIME Banks want loan interest tied to interbank rate The bankers reckon that the current model has failed to take the cue from monetary policy actions like cuts on the benchmark rate.
PRIME Kenya trails South Africa, Mauritius in adoption of cryptocurrency Kenya has yet to establish any crypto-related regulations but is at an advanced stage of putting in place a legislative framework.
PRIME NSE investors bleed Sh124bn in three days on Trump tariff chaos Share prices of key stocks continued their downward trend yesterday on selling pressure from local investors.
PRIME Banks face daily fines from June on CBK rate purge The CBK says it will complete inspections in June before punishing banks found to be in contravention of the lending rate directive.
