Kenya: Citizens Troop to Zambia in Search of IPO Fortunes

allafrica.com     May 20, 2008            

Posted to the web 20 May 2008 Emmanuel Were Nairobi The Celtel Zambia initial public offer, which closes today has attracted Kenyans despite initial fears that the just concluded Safaricom IPO had locked investor's money. Peterson Mwangi, Director of Afrika Investment Bank which participated in... [read full story]                

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Kenya: Safaricom IPO Paves the Way for Locally Financed Road Bonds

allafrica.com     May 19, 2008          

The massive oversubscription of the Safaricom IPO, which saw applications of about Ksh120 billion ($1.9 billion) from local investors, has reignited the debate on the potential of the domestic financial markets to fund infrastructure development, even as the Kenyan government continues to seek...                

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Safaricom IPO Paves the Way for Locally Financed Road Bonds

allafrica.com     May 19, 2008          

The massive oversubscription of the Safaricom IPO, which saw applications of about Ksh120 billion ($1.9 billion) from local investors, has reignited the debate on the potential of the domestic financial markets to fund infrastructure development, even as the Kenyan government continues to seek...                

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Kenya: Investors Face Harsh Reality of Securing Hefty IPO Loans

allafrica.com     May 19, 2008          

Investors who borrowed bank loans to buy shares during the Safaricom Initial Public Offering (IPO) are considering having to re-pay loans on much lower share allocations than they had applied for, following news that the offer has been highly oversubscribed.                

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Investors Face Harsh Reality of Securing Hefty IPO Loans

allafrica.com     May 19, 2008          

Investors who borrowed bank loans to buy shares during the Safaricom Initial Public Offering (IPO) are considering having to re-pay loans on much lower share allocations than they had applied for, following news that the offer has been highly oversubscribed.                

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Citizens Troop to Zambia in Search of IPO Fortunes

allafrica.com     May 20, 2008          

Posted to the web 20 May 2008 Emmanuel Were Nairobi The Celtel Zambia initial public offer, which closes today has attracted Kenyans despite initial fears that the just concluded Safaricom IPO had locked investor's money. Peterson Mwangi, Director of Afrika Investment Bank which participated in...                

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Kenya: Safaricom Share Offer Hit By a Flood of Counterfeit Cheques

allafrica.com     May 21, 2008          

Posted to the web 21 May 2008 Washington Gikunju Nairobi An unexpectedly high tally of fraudulent cheques from investors and some stockbrokers is hampering allocation of shares in the ongoing Safaricom IPO, now in its verification and share allotment stage. Business Daily has established that...                

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Safaricom Share Offer Hit By a Flood of Counterfeit Cheques

allafrica.com     May 21, 2008          

Kenya: Safaricom Share Offer Hit By a Flood of Counterfeit Cheques Posted to the web 21 May 2008 Washington Gikunju Nairobi An unexpectedly high tally of fraudulent cheques from investors and some stockbrokers is hampering allocation of shares in the ongoing Safaricom IPO, now in its verification...                

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Kenya: Fake Cheques Hamper Safaricom Share Allocation

allafrica.com     May 21, 2008          

Kenya: Safaricom Share Offer Hit By a Flood of Counterfeit Cheques Posted to the web 21 May 2008 Washington Gikunju Nairobi An unexpectedly high tally of fraudulent cheques from investors and some stockbrokers is hampering allocation of shares in the ongoing Safaricom IPO, now in its verification...                

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Fake Cheques Hamper Safaricom Share Allocation

allafrica.com     May 21, 2008          

Kenya: Safaricom Share Offer Hit By a Flood of Counterfeit Cheques Posted to the web 21 May 2008 Washington Gikunju Nairobi An unexpectedly high tally of fraudulent cheques from investors and some stockbrokers is hampering allocation of shares in the ongoing Safaricom IPO, now in its verification...                

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Crack Down On Fraudsters

allafrica.com     May 21, 2008          

Posted to the web 21 May 2008 Barely a week before share allocation details for the Sh50 billion Safaricom IPO are released, reports are out about an unexpectedly high tally of fraudulent cheques from investors and some stockbrokers. In an exclusive story carried yesterday, this newspaper...                

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