Markets

Markets

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Capital Markets Capital Markets
Markets•

EAC bloc reactivates capital markets team in step toward monetary union

Initiative brings to life the sub-committee after a seven-year hiatus, putting in motion new terms of reference and cross-border markets activity.
Kenya Power Kenya Power
Markets•

Kenya Power net profit edges up to Sh25 billion on higher sales

Utility experienced 411,710 new customers during the year ended 30th June,
Michael Mutiga Michael Mutiga
Markets•

Michael Mutiga confirmed as Stanbic Bank Kenya chief executive

Mr. Mutiga joins Stanbic Bank Kenya from from Safaricom PLC where he was
Aliko Dangote Aliko Dangote
Markets•

Dangote's record Sh207bn IPO tests investor appetite as Kenya refinery plan advance

Capital raise in Nigeria stock market will be vital in funding the construction

Below the fold

Below the fold

Jubilee Life Insurance CEO Asman Mugambi
Markets•

Jubilee Life Insurance posts Sh2.1 billion net profit

Central Bank of Kenya
Markets•

Set up Shariah Advisory Council to boost Islamic Financing

Access Bank Plc
Markets•

Nigeria's Access Bank grows East Africa presence with NBK buyout

Governor Kamau Thugge,
Markets•

CBK defies global uncertainty with fifth rate cut in a row

Sanlam Kenya
Markets•

Sanlam Kenya secures nod for Sh2.5Bn capital raise

Jubilee Holdings Limited
Markets•

Jubilee Holdings to pay a record KES978 million in dividends

Kakuzi PLC
Markets•

Unlock the US market, Kakuzi urges regulators in avocado export push

Bupa Global
Markets•

Health insurance giant Bupa Global targets Africa via Nairobi hub

CIC Group CEO Patrick Nyaga.
Markets•

CIC Group profits leap 100% to Sh2.8Bn on revenue surge

Equity Group CEO Dr. James Mwangi
Markets•

Equity Group’s profit soars 12% to Sh49Bn on regional growth

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