Dangote GDR offer closes Tuesday as minimum buy-in drops to Sh535
The Kenyan window to buy into Nigeria’s Dangote refinery IPO closes at 5pm on Tuesday, October 13, after the minimum order was cut from about Sh107,000 to Sh535.
NSE sheds Sh40bn in a week as foreign investors turn net sellers
The Nairobi bourse lost Sh40.06 billion in value in the week to October 9, its second weekly decline, as foreigners sold in every session.
Kenya Airways gets Sh45bn Cabinet lifeline to restore grounded jets
Cabinet has approved $350 million in shareholder financing for Kenya Airways and endorsed a plan to convert Sh122 billion of government loans, but KQ shares did not move.
IFC takes Sh1.94bn slice of Quickmart’s Sh15bn IPO as anchor buyer
The World Bank’s private-sector arm has agreed to buy about 13 per cent of the shares on offer in Quickmart’s IPO, its first return to Kenyan supermarkets since exiting Naivas.
