🇰🇪 Nairobi Securities Exchange

Housing Finance (HF) Group is set to receive an Sh1 billion capital injection from Britam Holdings ahead of its transformation into a full-service bank.

Safaricom’s share of combined investor wealth at the Nairobi Securities Exchange (NSE) has hit a record 60.2 percent on a sustained price rally, deepening its significance at the bourse.

The Safaricom share yesterday touched a new all-time of Sh35.10, pushing the combined wealth of investors at the Nairobi bourse to levels last seen 11 months ago and brightening prospects of recovery from Covid-19-induced price plunges.

Equity turnover at the Kenyan bourse fell 6.6 percent in 2020 hurt by effects of the COVID-19 pandemic, which saw foreign investors who account for the biggest percentage of trading, exit the market.