Kenya IPO News

Latest Kenya News from IPO News Today.

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Kenya's CIC Insurance says to list by mid-June
16 May 13:53 GMT

… Wednesday, after the company shelved initial public offering plans due to a lengthy … Kenya, had planned to list in the second quarter through an IPO … distributes school text books in Kenya, Uganda, Tanzania and Rwanda. (Reporting …
Facebook IPO: the data behind our animation
15 May 12:27 GMT

How big is Facebook? A still from our animation Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected Mark Zuckerberg, SEC filing Got a spare $96 billion? Facebook is …
The economic week ahead: More than Facebook
14 May 05:11 GMT

… anticipated event is Facebook’s initial public offering (IPO), currently scheduled for Friday. Markets … bills. The central bank of Kenya will also sell 4-billion shillings … high interest levels. Inflation in Kenya fell for the fifth month …
Dubai water firm Metito looks to flourish in distant parts
10 May 19:03 GMT

… had shelved plans for an initial public offering this year. Metito is viewing … Angola, alongside new prospects in Kenya, Mozambique and Zimbabwe. In October …
Rwanda's biggest bank to expand in Kenya, Uganda
27 Apr 14:14 GMT

… opening limited banking facilities in Kenya and Uganda this year after … million in a heavily oversubscribed initial public offer last August. Rwandan assets have … to the planned operations in Kenya, east Africa's biggest …
Safaricom IPO refund committee formed
12 Apr 11:50 GMT

Kenya's financial regulator has … bought shares during the Safaricom IPO. This follows a meeting by … huge over-subscription to the 2008 IPO that had aimed to raise …
Investors’ four-year wait for IPO refund
27 Mar 06:06 GMT

… to try to resolve Safaricom initial public offering outstanding claims with Citibank. The … alive and fresh to,” the Kenya Association of Stockbrokers and Investment … main receiving bank during the IPO. “Everyday somebody appears at our …
How selling off Telkom saved Kenyans a headache and other tall tales
24 Mar 03:00 GMT

… as the Communications Commission of Kenya. Short-sighted people who hate development … Telecom and Alcazar Capital, the Kenya Government washed its hands off … in five years. Kenyans were hungry for another Initial Public Offering of shares. The …
4G Identity eyes $50mn project in Kenya
7 Mar 19:13 GMT

… crore) in East African country Kenya. Global tenders for the project … . We will go for an initial public offering after we cross the Rs …
The pain of waiting for IPO share price rally by small investors
7 Mar 19:10 GMT

… sugar miller had a secondary initial public offering (IPO) in 2006. Her plan was … those, Standard Chartered Bank of Kenya and KCB, offered value for … who have been participating in IPOs, intending to sell out in … he had been participating in IPOs and share purchases from highly-rated …
4G Identity in race for $50-m Kenya project
7 Mar 16:57 GMT

… for $50 million project in Kenya. “We are planning to focus … and the voter-identification project in Kenya is one of these endeavours … countries said the outcome in Kenya would be known by this … biddings, we may go for initial public offering in 2013 to raise funds …
Facebook IPO and Local Techies Lost Opportunities
4 Mar 07:30 GMT

… an Initial Public Offer (IPO. It hopes to raise 5 billion dollars through the IPO … worth $ 28 billion after the IPO. Some however see Facebook… from twitter and Google+. In Kenya at least, most of the … and employers. Over to the Kenyan techies. Copyright © 2012 Nairobi Star …
Will Kenya Airways fly where others have failed?
14 Feb 02:16 GMT

… shareholding, and the government of Kenya, which owns 23 per cent … , to support the ambitious bid. “Kenya Airways’ business prospects remain strong … British American Investments Company’s initial public offering (IPO) floated last year are anything …
Umeme set for dual listing in Kenya, Uganda
6 Feb 07:07 GMT

… company, Umeme, through a double initial public offering (IPO) in Kampala and Nairobi. This … . Listing on the Uganda and Kenya securities markets is also expected … the region listed through IPOs last year — Kenya’s British American Investments …
Umeme Set for Dual Listing After Cross-Border IPO
3 Feb 10:57 GMT

… company, Umeme, through a double initial public offering (IPO) in Nairobi and Kampala. This … the region listed through IPOs, which included Kenya's British American … es Salaam Stock exchange, while Kenya's brewer East African …
Insurance Firm Opts Out of IPO to Cushion Shares From Bear Run
18 Jan 10:29 GMT

… opted out of a planned initial public offer (IPO) in favour of listing by … that occurs during an IPO. "During an IPO, you must offer … accountants and Co-operative Bank of Kenya Limited as share registrars. Its … put its IPO plans on hold. Companies that undertook IPOs last year …
Stringent Rules At Dar Bourse Turn Kenyans Off TBL
11 Jan 10:00 GMT

… David Mugwe 10 January 2012 Kenyan investors shunned the recent … broken down by country, but Kenyan investors have historically created … Bralirwa and Bank of Kigali IPOs. Analysts attributed the low … volatile period for the Kenyan shilling when the banking …
Rwanda: IPO Pipeline Runs Dry Amid Uncertainties
9 Jan 06:19 GMT

… January 2012 Rwanda's initial public offering (IPO) pipeline is projected to be … on their IPO intention, it will be a disappointment to Kenyan investors. "Quite a number of Kenyan have turned …
UPDATE 1-Tanzania's Precision Air IPO undersubscribed
23 Nov 12:06 GMT

… 84 billion shillings. "The IPO was undersubscribed largely because … , sponsoring broker for the IPO, told Reuters. "The … in getting approval from Kenya's stock market … for Kenyan investors to participate." Precision Air's IPO …
Tanzania Precision Air Extends IPO Offer
31 Oct 08:23 GMT

Tanzania's Precision Air said on Monday it had extended the timeframe for its initial public offering until Nov. 4, to enable investors in east Africa's biggest economy, Kenya, to buy shares in the airline.
Britam Initial Public Offer nears end
28 Jul 17:02 GMT

… to buy into one of Kenya’s largest insurance companies following … Kenya. The shares were put on sale through the firm’s Initial Public Offering (IPO … because we have had two IPOs at the same time,” said … in Rwanda. The IPO will close today. The IPOs coincided with the …

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