NAIROBI, Kenya, Aug 28 – Bamburi Cement has posted an increase in its after – tax profit to Sh721 million in the first half of the year, up from Sh393 million posted during a similar period last year. The cement manufacturer said the improved performance was on account of tax credit, amounting to Sh508 million. […]
Commenting on the Company’s half year results, Group Managing Director Seddiq Hassani noted that despite depressed demand the improved performance is a testament of Bamburi Cement Group’s business resilience. Bamburi Cement Group has recorded a pre-tax profit of KSh 213 million for the first half ending June 30, 2020 up from KSh 23 million in […]
The decision has angered Tanzanian authorities who retaliated by blocking AirKenya Express, Fly540 and Safarilink Aviation from flying to the country. FILE PHOTO | NMG Tanzania has banned three more Kenyan airlines from its market as a tit-for-tat trade war between the two countries escalated after Nairobi Tuesday once again excluded Tanzanians among travellers exempted […]
The top gainer of the day on Tuesday at the Nairobi Securities Exchange (NSE) was Standard Group who jumped from the top losers’ table on Monday. The company gained 9.85 percent at the price of 22.30 shillings per share. The second top gainer on Tuesday was Sasini who went home with 9.71 percent at the […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa followed by Flame Tree Group, KCB Group, Britam Holdings, and HF Group. Sameer Africa gained 9.85 percent at the price of 3.57 shillings per share followed by Flame Tree Group with 5.60 percent at the price of 1.32 […]
The top 5 gainers of the day at the Nairobi Securities Exchange on Wednesday were TPS Eastern Africa (Serena), Umeme, Sameer Africa, Bamburi Cement, and Nation Media Group. TPS Eastern Africa (Serena) gained 9.92 percent at the price of 14.40 shillings per share followed by Umeme with a gain of 9.88 percent at the price […]
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
The top five gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were I & M Holdings, Barclays NewGold ETF, East African Breweries Limited, Britam Holdings, and Total Kenya. I & M Holdings gained 3.89 percent at the price of 46.75 shillings per share followed by Barclays NewGold ETF with a gain […]
Top Ten Highest Earning CEOs in Nigeria The affairs of an organisation lie in the hand of the Chief Executive Officer, who oversees the affairs of the company, takes praise and blames for the company’s affairs. This article contains the list of highest-earning CEOs from different companies listed on the Nigerian Stock Exchange. The main […]
Kenya’s stock market hit a new 17-year low in Tuesday’s trading as most stocks continued to suffer losses. The benchmark NSE 20 Share Index closed at 1,794.6 points, a level last seen on April 28, 2003. The performance has pushed the current bear market to five-and-a-half years, with the index falling 67.3 per cent from […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.