East Africa’s largest Media Company, Nation Media Group on Wednesday announced it will take a majority stake in the region’s leading events and ticketing website, Kenya Buzz for undisclosed amount.

Kenya Reinsurance Company (Kenya Re) has stuck at its all-time high of Sh23 since late last week driven by heavy foreign investor trading amidst a huge dip of the entire bourse.

The capital markets regulator will charge investors less than 1 per cent of the value of derivative contracts used to bet on whether a stock, bond, currency or an index will go up or down.

According to the Kenya Communications Authority sector report for the first quarter of the financial year 2016/2017, Safaricom Limited’s market share increased by 3.8 per cent to stand at 69 per cent from the previous quarter’s share of 65.2 per cent.