Agricultural companies have the worst corporate governance record among listed companies, a new report by the Capital Markets Authority (CMA) has said. The sector with six firms had the least weighted score with a rating of 55.04 percen, shining a spotlight on their compliance with the code of governance principles that sets principles such as […]
Eaagads Limited, a listed coffee grower and seller, is scheduled to hold its virtual Annual General Meeting(AGM) on 28th September 2021. Shareholders of Eaagads Limited will consider and approve the audited financial statements for the financial year ended 31st March 2021, re-elect Evans Monari and George Kapanadze as directors and Ernst& Young as auditors. According […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) was Eveready East Africa with 4.81 percent at the price of 1.09 shillings per share. Carbacid Investments was the second with 4.37 percent at the price of 11.95 shillings per share. CIC Insurance Group, Kenya Power and Lighting (KPLC), and Crown Paint Kenya […]
KEY POINTS Absa Bank Kenya was the second top mover of the day with 3.06 million with a market capitalization of 57.57 billion shillings. Kenya Power and Lighting, KCB Group, and Stanlib Fahari Income – REIT moved 930,400, 550,500, and 331,900 respectively. The top mover of the day at the Nairobi Securities Exchange (NSE) on […]
Top gainers The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were Stanbic Holdings, Stanlib Fahari Income – REIT, Sasini, Bamburi Cement, and Carbacid Investments. Stanbic Holdings gained 3.76 percent at the price of 89.75 shillings per share followed by Stanlib Fahari Income – REIT with 2.65 percent at the price […]
Coffee producer, Eaagads has reported a full-year net profit of KSh1.75 million for the period that ended on 31st March 2021 up from a loss of KSh66.7 million in March 2020. The company attributes the improved performance to higher yields due to favorable weather and higher coffee prices. Eaagads produced 233 tonnes of coffee in […]
KEY POINTS Sasini was the top gainer of the day with 6.82 percent at the price of 18.00 shillings per share followed by Total Kenya with 5.60 percent at the price of 25.45 shillings per share. Stocks are a popular avenue for investment, but it’s far from the only option. Depending on your needs, income […]
The single most advantage of strategic planning is the benefit of having a 360-degree view of the business where strategy development has followed a well thought analysis framework. Pursuing single-minded goal of profitability without looking at the interconnectedness of the drivers of profitability is risky. There are five main hidden costs that stand on the […]
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. […]
(Bloomberg) — Kenya’s finance and agriculture industries have been the most resilient sectors during the coronavirus pandemic and are bound to receive the most flows when foreign-investor purse strings are loosened, according to George Asante, Absa Group Ltd.’s head of global markets for regional operations. The East African nation’s health and education sectors will also […]
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