A woman paints her house. PHOTO | FILE Paint prices in Kenya are likely to soar further over the next few weeks due to the rising costs of raw materials and supply chain disruptions, Kenya’s listed paint manufacturer has warned. Crown Paints Kenya Plc’s chief executive Rakesh Rao said prices have already risen 10% this […]
Crown Paints, the leading paint manufacturer in Kenya , has launched a new generation of environment-friendly, water-proof and high efficiency stone imitation paint in the market. The new product targets contractors, quantity surveyors, architects and homeowners who desire a premium finish without mining many stone mountains and saving natural resources. Crown Paints Group CEO, Dr. […]
KEY POINTS Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price of 7.32 shillings per share. Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price […]
KEY POINTS Umeme was the top gainer of the day on Thursday with 9.38 percent at the price of 7.00 shillings per share. The second top gainer was Stanlib Fahari Income – REIT with 3.55 percent at the price of 7.00 shillings per share. Umeme was the top gainer of the day on Thursday with […]
The sentiment was positive on African equity markets this week. Among the 17 markets we cover, twelve advanced while four retreated, and one remained flat. The Namibian Exchange led the performance charts as equities in Windhoek jumped 4.21%. Conversely, the Dar Es Salaam Stock Exchange, last week’s top performer, was the laggard. Tanzanian equities dropped […]
NAIROBI, Kenya, Jul 16 – Crown Paints Kenya PLC additional rights issue shares 71,181,000, have been listed on the NSE, following a successful Rights Issue that opened on 10 th June 2021 and closed on 30 th June 2021. The Transaction Advisors Bob Karina who is the Chairman of Faida Investment Bank said the rights […]
Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]
Delegates during a Kenya Reinsurance Corporation (Kenya Re) investors briefing on August 2, 2019. FILE PHOTO | SALATON NJAU | NMG Five Nairobi Securities Exchange (NSE)-listed firms have announced delaying the release of their full-year results citing the need for more time to complete audit processes. Kenya Reinsurance Corporation (Kenya Re) is the latest company […]
It was a terrible last week for chief executive officers of listed companies some having to pose before cameras to reveal losses in billions of shillings offering a glimpse into the gravity of Covid-19 on corporate Kenya. As companies rushed to beat the April 30 reporting deadline, it emerged that corporate Kenya has booked losses […]
Nakumatt supermarket chain could close down anytime following fears that almost 15 companies listed on the Nairobi Stock Exchange have plunged into loses. “The middle class in Kenya are getting trapped in poverty and, therefore, have no disposable income to support supermarkets, for example, which has led to the closure of many retail stores,” NSE […]
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