Long-term perspectives on the Nairobi Securities Exchange. Because wealth, like grass, grows best when you watch it patiently.
Vodafone Kenya bought 15% of Safaricom from the government at KES 34 a share, plus an advance on future dividends. A close reading of the numbers shows which side came out ahead.
On 31 July, Safaricom shareholders vote on fourteen amendments that, taken together, would retire the joint-venture constitution the company adopted at its 2008 listing.
Benjamin Graham's formula combines earnings per share and book value per share into a single price ceiling—the maximum a conservative investor should pay.
Learn to find and interpret the two numbers every serious investor must know: earnings per share and book value per share.
When you buy shares, you're not buying a ticker symbol—you're buying fractional ownership of a real business with real assets and earnings.
Understanding the critical distinction between what you pay for a stock and what it's actually worth—the foundation of intelligent investing at the NSE.