The principal stock exchange in Kenya, facilitating the trading of securities.
Nedbank’s NCBA deal could push some Kenyan institutional investors into cash exit
Nedbank intends to acquire about 66% of NCBA Group. The offer includes a combination of Nedbank shares and cash.
Safaricom raises $154m as investors flood its bond sale
Safaricom raised KES 20 billion ($154 million) from the first tranche of its medium-term note programme. The company initially targeted KES 15 billion ($116 million) but received applications totaling KES 41.4 billion.
Risevest Negotiates Potential Acquisition of Kenya’s Hisa
Risevest is in negotiations to acquire Hisa, a Kenyan startup that offers users access to US stocks. If successful, this acquisition will facilitate Risevest's expansion into Kenya.
