November 9, 2020: Sameer Africa was the top gainer of the day on Monday at the Nairobi Securities Exchange with 9.71 percent at the price of 3.39 shillings per share. The East African Cables and Sanlam Kenya gained 9.29 and 7.06 percent respectively at the price of 1.53 and 13. 65 shillings per share respectively. […]
Express Kenya closed the week as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 8.61 percent at the price of 3.91 shillings per share followed by Uchumi Supermarket with 7,14 percent at the price of 0.30 shillings per share. Stanbic Holdings and Fahari Stanlib Income – REIT gained 5,96 and […]
November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]
Britam Holdings #ticker:BRIT says it will only consider offloading part of its 48.22 percent in HF Group #ticker:HFCK to strategic investors in the medium term when it expects its multibillion-shilling investment to have rebounded to a profit. Britam doubled its shareholding in HF Group in 2014 and 2015 using part of the cash it raised […]
Currently, the regional insurers commands the largest market share in Uganda’s general insurance business Kampala, Uganda | ISAAC KHISA | Regional insurer, Jubilee Holdings Ltd, is selling between 51% and 66% stake of its operating subsidiaries engaged in short term general insurance business across the region to the Munich-based Allianz Group for Kshs10.8bn. Jubilee Holdings […]
Allianz Africa regional CEO Coenraad Vrolijk (left) and Jubilee Holdings chairman Nizar Juma during the announcement of the agreement to establish a strategic partnership yesterday at Jubilee Centre in Nairobi. PHOTO | SALATON NJAU | NMG Jubilee Holdings is selling majority stakes in its regional general insurance subsidiaries to German conglomerate Allianz SE for a […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
The chief executive of Acorn Group Holdings, Edward Kirathe, is the single-largest individual investor in the property developer with a 30.24 percent stake. Mr Kirathe’s ownership in the company has been disclosed in documents prepared by the company in connection with its recent raising of Sh5 billion from the issuance of medium term bonds. The […]
Image Courtesy Engadget According to the Kenya National Bureau of Statistics (KNBS) the value of Kenya’s telecommunications gadget imports has skyrocketed in the past four months. The gadgets including computers, laptops and smartphones make the price surge due to the COVID-19 lockdown. Many people are currently working from home while students pursue e-learning services. How […]
The jump in orders of telecommunication equipment from abroad came in a period when staff in many firms worked from home to reduce the probability of spreading the virus. FILE PHOTO | NMG The value of Kenya’s telecommunications gadget imports, including computers, laptops and smartphones, surged by more than half to Sh8.01 billion in four […]
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