The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Wealthy investors in the stock market have booked Sh39.51 billion paper gains on their shares at the Nairobi Securities Exchange (NSE) in the past 12 months to Wednesday, cementing the bourse’s reputation as one of the quickest paths to prosperity.
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By the end of March, the collective investment schemes had Sh851.7 billion in assets under management, held by 3.63 million…
This rising prominence of banks at the NSE has now increased the concentration risk at the market, which has been dominated in…
The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
The lender’s issued shares will grow to 1.85 billion from the current 1.66 billion, which will give it a starting market…
Bourse forecasts a breakout driven by state-owned listings, retail participation, and rising market confidence, with…
An appreciating local currency gives foreign investors an exchange gain when valuing their returns.
