Markets

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

KCB CEO
Markets•

KCB Group shareholders okay Sh9.6Bn dividend payout

NCBA Boss
Markets•

NCBA Q1 net earnings up 3 percent to Sh5.5 billion

NBK MD
Markets•

NBK reports Sh275 million first quarter net earnings

KCB Group CEO
Markets•

KCB’s cross-border foray pays off with Sh16.5Bn Q1 profit

Family Bank CEO
Markets•

Family Bank rides loan uptake to Sh1.05Bn in Q1 net profit

Burn CEO
Markets•

ElectriFI backs BURN with over Sh600M to electrify Kenyan kitchens

Absa custody services
Markets•

Absa unlocks new frontier with Kenya custody launch

KCB Superior Homes
Markets•

KCB, Superior Homes ink deal to smoothen property financing

Nissan Japan
Markets•

Market woes force Nissan to cut over 10,000 jobs globally

AGF Equity
Markets•

Equity and AGF scale up MSME support with Sh64Bn boost

Absa Bank Kenya
Markets•

Absa restructures Sh3.4 billion loans to support customers

Family Bank
Markets•

EIB Global and Family Bank ready Sh14.7Bn credit for youth and women traders