Kenya

Exchange news

Kenyan private equity firm trades “Over The Counter”

A leading Kenyan stockbroker says local investment company TransCentury already trades “Over The Counter” and plans to list its shares for trading on a stock exchange.

Capital raising

Kengen issues $197 mln bond for 500 MW more electricity

The Kenya Electricity Generating Company (KenGen) has received regulatory approval from the Capital Markets Authority for a corporate bond with a nominal value (face value) of KSh15 billion (US $196.8 mln). The offer is open from 8-29 September.

Exchange news

Tanzania thawing on East African integrated market?

Tanzania seems to be warming to the idea of linking the East African stock exchanges, in what could eventually be the development of a major integrated regional market.

Exchange news

Kenya’s CMA brings new rules for brokers and investment banks

Kenya’s Capital Markets Authority is putting new regulations into law by the end of August, including tighter controls on stockbrokers and investment banks. According to …

Exchange news

More action on Kenya’s bond market

Bonds are becoming increasingly active in Kenya, and the bond market at the Nairobi Stock Exchange (NSE) is proving a good place to raise medium- …

Exchange news

Nairobi Stock Exchange member offers SMS orders

Standard Investment bank offers SMS orders from mobile phones for its clients wishing to buy and sell shares on the Nairobi Stock Exchange.