Reit Investments In Kenya

A Comprehensive Guide to Real Estate Investment Trusts (REITs) & How it is Revolutionizing Real Estate In Kenya

Introduction to REITs Real estate investment trusts (REITs) offer an exciting opportunity for Kenyan investors looking to diversify their portfolios. By pooling funds from multiple investors to purchase, manage, or finance income-generating real estate, REITs allow individuals to invest in large-scale properties without directly buying or managing them. In a country where real estate remains…

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Bamburi History.jpg

Amsons Group’s Bold KShs 23.59 Billion Bid to Delist Bamburi Cement from NSE

Amsons Industries, part of Tanzanian Amsons Group, plans to delist Bamburi Cement from the Nairobi Securities Exchange (NSE) after securing at least 75% acceptance for its KShs 23.59 billion buyout offer. This offer values Bamburi Cement at KShs 65 per share, a 44% premium from its June 9th closing price. Holcim, Bamburi’s majority shareholder, supports…

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Kenya Mobile Cash Industry

Kenya’s Digital Gold Rush: Unlocking the Financial Markets Potential using Mobile Phones

The Mobile Revolution Kenya, with over 32 million smartphones in use, is undergoing a financial transformation. Mobile money platforms like M-Pesa have revolutionized transactions, allowing many Kenyans to save, send, and receive payments without traditional banking. This change has been pivotal for 44% of the population previously excluded from formal banking services. Now, a new…

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Longhorn 2

Longhorn Publishers Reports KSh 193.3mn Half-Year Net Loss

Longhorn Publishers, financial performance, net loss, revenue, operational challenges, strategic initiatives, macroeconomic factors, digital growth, educational publishing, Nairobi Securities Exchange, share price, fiscal year, CBC Curriculum. Longhorn Publishers disclosed a revenue of KSh 525.9 million, marking a 3.7% year-on-year increase, yet faced a widened net loss of KSh 193.3 million. Looking forward to the second…

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