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Markets

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Safaricom Safaricom
Markets•

Safaricom’s Sh20 billion bond raise signals confidence in markets

While telco sought KES15Bn, overwhelming demand pushed the subscription to 175.7%, prompting Safaricom to activate a KES5Bn “green shoe option.”
Edha Munif, the Managing Director, Edha Munif, the Managing Director,
Markets•

Kalahari Cement snaps up Portland's lion's share

Amsons Group buys NSSF shares in EAPCC paving the way for increased cement
Safaricom Share Sale Safaricom Share Sale
Markets•

Treasury seeks public views on planned sale of Safaricom stake

National Treasury seeks to offload 15% of the government’s shareholding in East
Safaricom Vodacom Vodafon Safaricom Vodacom Vodafon
Markets•

Vodacom tightens its grip on East Africa with bigger Safaricom stake

New transaction will push up Vodacom Group’s shareholding in Safaricom PLC from

Below the fold

Below the fold

Treasury Cabinet Secretary John Mbadi
Markets•

Mbadi’s ambitious push to cut reliance on foreign creditors to 25%

Kakuzi PLC
Markets•

Kakuzi feels the squeeze as strong shilling leads to Sh132M loss

Ecobank Kenya
Markets•

Ecobank Kenya speeds up growth strategy with Sh3.5Bn capital boost

Co-op Bank Naromoru Branch
Markets•

Digital gains, SME support drive Co-op Bank to Sh25.5Bn profit

NCBA IG
Markets•

NCBA unveils new insurance brand identity

Absa FY 2024 Results
Markets•

Absa’s Sh9.5 billion dividend caps strong financial year

Kakuzi avocado exports
Markets•

Kakuzi offers free Hass avocado testing as export window opens

KCB 2024 Results
Markets•

KCB investors to pocket Sh9.6Bn in dividends on profit gains

CMA CEO
Markets•

CMA suspends Trade Sense Ltd over forex breaches

Forex reserves
Markets•

Forex reserves dip by Sh25.8Bn on weakening shilling

Kenya Eurobond buyback
Markets•

Kenya moves to restructure debt with Sh116Bn Eurobond buyback

Central Bank of Kenya
Markets•

First ever domestic bond buyback earns CBK Sh50 billion