Author: Muammar Ismaily – VP & Analyst at EFG Hermes Kenya During the year 2021, the Kenyan equities market performed relatively well, with NASI, NSE 20 and NSE 25 increasing by 9.43%, 1.83% and 9.62%, respectively. The best performing stocks were Car & General (+54.32%), Equity Group (+44.32%) and BK Group (+41.46%). Notably, Safaricom, which […]
Author: Moses Njuguna – Vice President, Research, EFG Hermes Kenya On the 22nd of November 2021, the roll out of Day Trading went live on the Nairobi Securities Exchange (NSE), as part of its strategy to enhance market liquidity. The NSE received regulatory approval from the Capital Markets Authority (CMA) on the 26th of October […]
Author: Kaf Change is coming…and insurers know it Digital transformation is gaining pace across all industries, with insurance now moving at a notably faster rate compared to its historic reputation as a dinosaur. As it faces digitalization, the industry is striving to remove pain points that will help their customers enter a new era of […]
Author: Mohamed Fathy – IT Department at EFG Hermes Over the last decade, cyberattacks have been among the biggest threats to financial institutions. Advances in technology have honed cybercriminals’ skills and techniques. They’ve also become more organized, forming groups that make it difficult for financial service providers to manage cybercrime risk. Losses from cybercrime are […]