NSE unveils first ESG reporting guidelines for corporates

Publicly listed firms have started aligning their operations to the global environmental, social and governance (ESG) considerations.

National Bank of Kenya (NBK) has formally exited the Nairobi bourse following the acquisition by KCB Group in September 2019.

The latest net selling is the largest in a single month since July last year when foreigners withdrew Sh5.34b on the back of Covid-19 disruptions.

KEPFIC has partnered with the Nairobi Securities Exchange (NSE) and the Capital Markets Authority (CMA) to mobile the funds.

Nairobi Securities Exchange (NSE) investors can now buy and sell shares of any company within a single trading day.

Safaricom’s dominance does not end in the goods and services market but also stretches into the financial market.

Insiders said the 2018 Sh4.5 billion transformer scandal, which saw his predecessors dragged to court, might have come back to haunt Ngugi.

Co-operative Bank of Kenya Chief Executive Gideon Muriuki was the highest paid last year, taking home Sh377.3 million in salaries and allowances.

The last five years have seen the exit of famous brands such as Deacons and Nakumatt.

The trading of company shares in Kenya began in the 1920s and was based on a “gentleman’s agreement” with no physical trading floor.

The manual is expected to help listed companies to address the shift in the assessment of corporate performance

The global impact of the Covid-19 pandemic, especially the sudden shock to economies has been unprecedented in recent history.