The real impact of the massive oversubscription of the Kenya Reinsurance Corporation’s Initial Public Offering has emerged with insurance firms poised to be the major beneficiaries of ongoing share allocation.
The underwriters, who are currently bound by law to pay compulsory cessions to Kenya Re, were on course to getting 60 per cent of what they [...]
Archive for August 20th, 2007
Kenya Re share allocation ends in favour of insurers
Posted in Uncategorized on August 20, 2007 | 1 Comment »
Stocks to buy
Posted in Uncategorized on August 20, 2007 | Leave a Comment »
Investors are finding their decisions reeling from the effects the half-year results that are streaming in from various listed companies. And with every company registering an increase in profits, one is left pondering about which stocks to pick. NIC Bank has hit an all time high of Kshs159 after it nudged investors with a bonus [...]
