WPP ScanGroup was the largest loser at the Nairobi Securities Exchange (NSE) on Wednesday. The company lost 43.77 percent at the price of 11.05 shillings per share. The second top loser was Longhorn Publishers with 8.16 percent at the price of 4.50 shillings per share followed by Trans-Century with a loss of 7.65 percent at […]
The top gainer of the day on Tuesday was Home Afrika with 9.09 percent at the price of 0.48 shillings per share followed by Bamburi Cement with 7.31 percent at the price of 27.90 shillings per share. ABSA Bank Kenya gained 3.77 percent at the price of 9.36 shillings per share followed by Stanbic Holding […]
Britam Group Managing Director Benson Wairegi speaks during the company’s AGM, which was held virtually, on June 29, 2020 at Britam Tower is Nairobi. PHOTO | SALATON NJAU | NMG Britam Group is eyeing more retail clients to grow margins from its asset management business in change of strategy for this competitive segment. Benson Wairegi, […]
Britam Group Managing Director Benson Wairegi during the company’s AGM, which was held virtually yesterday. [John Muchucha, Standard] Shareholders of Britam Holdings have approved a final dividend of 25 cents per share for the financial year that ended on December 31, 2019. The approval was made during the company’s 24th Annual General Meeting (AGM), which […]
HF Group head offices in Nairobi. FILE PHOTO | NMG Mortgage financier HF Group is seeking to raise Sh1 billion from unnamed investors to boost its capital and liquidity position. The loss-making firm has in recent years suffered from the slowdown in the real estate market and interest rate controls that were repealed in November […]
Britam Group CEO Benson Wairegi. FILE PHOTO | NMG Britam chief executive Benson Wairegi #ticker:BRIT was paid a total of Sh85.1 million in the year ended December, representing a 4.3 percent increase from Sh81.6 million he earned in 2018. This is according to the company’s disclosures of its executive remuneration in its latest annual report […]
Equity Bank CEO James Mwangi. PHOTO | FILE Pensioners, billionaires and institutional investors are among the shareholders of Equity Group who will forgo hefty dividends after the lender cancelled its proposed payout of Sh2.5 per share or a total of Sh9.4 billion. They include Britam Holdings, Equity’s CEO James Mwangi, the lender’s founder and former […]
Equity Group CEO James Mwangi. FILE PHOTO | NMG Pensioners, billionaires and institutional investors are among the shareholders of Equity Group #ticker:EQTY who will forgo hefty dividends after the lender cancelled its proposed payout of Sh2.5 per share or a total of Sh9.4 billion. They include Britam Holdings, Equity’s CEO James Mwangi, the lender’s founder […]
In this article, we highlight some of the key recent developments in East Africa amid the Covid-19 outbreak. The article looks at how governments and private sector companies in the region continue to pursue major economic projects across key sectors, while addressing the challenges they are facing in light of the COVID-19 pandemic. Tanzania Government […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
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.