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

Absa Foundation
Markets•

Absa Bank Kenya Foundation in a bold plan to drive greater social impact

GEn Za
Markets•

UWG Africa and Kasi Insight unveil Gen Z playbook for Kenyan brands

Crushing of Illlict Alcohol
Markets•

Illicit goods worth Sh6Bn pulled from Kenyan markets

Absa Sustainability 23
Markets•

Financing Kenya's path to a sustainable future

Jubilee H1 24
Markets•

Jubilee Holdings nets Sh2.5Bn in H1, declares interim dividend

Fake alcohol 1
Markets•

Family Bank's H1 net profit up 17% to Sh1.6bn

S&P
Markets•

S&P downgrades Kenya to B- status on weaker debt trajectory

Absa agents
Markets•

Absa eyes 17,000 new agency outlets by 2026

NCBA MD
Markets•

NCBA boosts interim dividend to Sh3.7Bn amid 5% profit rise

Kakuzi Annual General Meeting 2023
Markets•

Kakuzi nets Sh507M earnings as exports hit pre-Covid highs

Finance-Bill-2023
Markets•

KRA cleared to collect tax under Finance Act 2023 

Rutoc
Markets•

CEOs press for swift settlement of pending bills