Kenya Power and Lighting Company (KPLC) emerged as the top gainer of the day on Wednesday, January 20, 2021, with 6.45 percent at the price of 1.65 shillings per share followed by HF Group with 5.52 percent at the price of 3.89 shillings per share. I & M Holdings and Britam Holdings gained 4.55 and […]
The Covid-19 battering of Nairobi bourse-listed firm’s share prices has presented an attractive opportunity for investors with a long-term view to accumulate stocks and hope for a sustained recovery as companies start turning the corner on the pandemic. Analysts are now projecting continued interest in most of the stocks especially in telecommunication and banking sectors […]
Bamburi CEO Seddiq Hassani says the Mombasa-based plant will not be sold as was earlier planned after the would-be buyer failed to meet the conditions precedent to the agreement. [Wilberforce Okwiri, Standard] Bamburi Cement has shelved plans to sell its Mombasa-based precast products plant after a bid to offload it last year, fell through. The […]
Mohamud A. Mohamud Chief Executive Officer Kenya Deposit Insurance Corporation (KDIC) (PHOTO: WILBERFORCE OKWIRI) What kind of year will 2021 be? Last year broke the crystal ball, and Kenyan captains of industry have become more guarded in their predictions about the New Year. However, consensus remains that the pandemic will finally be tamed following the […]
Houses of Tomorrow (HoT), an innovative and green construction project, has been launched in Kenya by Bamburi Cement limited , an industrial company in the East African country specializing in cement and concrete production, in a bid to fulfill its sustainable construction agenda through low-carbon based building solutions. The project involves careful selection, design, and […]
After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]
Bamburi Cement has launched an innovative and green construction project in Kenya dubbed “Houses of Tomorrow’ (HoT) in a bid to fulfil its sustainable construction agenda through low-carbon based building solutions. The project involves careful selection, design and use of materials which leverage low carbon standards in the overall construction, and especially application of near […]
KCB boss Joshua Oigara during an interview at his office. The first time KCB Group Chief Executive Joshua Oigara met former Safaricom boss Bob Collymore , a mobile lending and saving platform was born. And KCB, one of the oldest local banks, was reborn. So by the time Oigara was reading Collymore’s eulogy at All […]
Bamburi Cement #ticker:BAMB is projecting a strong demand next year on increased home construction and execution of key government projects such as the Sh65.5 billion Nairobi Expressway. Managing Director Seddiq Hassani says the cement-maker has seen a recovery in demand for cement from June, nearly hitting the level seen before Covid-19 economic disruptions set in […]
After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]
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