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Treasury gives up Sh15bn in race for Safaricom dividends

Nairobi, Dec. 4 -- The government has given up Sh15.5 billion worth of future dividends from Safaricom in a rush to receive an upfront payment of Sh40.2 billion on the 20 percent stake it will retain ... Read More


Investor wealth at the Nairobi bourse sheds Sh202 billion in a month

Nairobi, Dec. 2 -- The Nairobi Securities Exchange (NSE) has shed Sh201.8 billion in investor wealth over the past month, after key stock prices fell on selling pressure from investors looking to lock... Read More


Unit trust clients double, lifting assets to Sh679bn

Nairobi, Nov. 29 -- The number of Kenyans investing though unit trusts more than doubled to 2.96 million in the 12 months to September, highlighting the surge in awareness and demand for the collectiv... Read More