The Safaricom share yesterday touched a new all-time of Sh35.10, pushing the combined wealth of investors at the Nairobi bourse to levels last seen 11 months ago and brightening prospects of recovery from Covid-19-induced price plunges. The jump in the Safaricom share from Tuesday’s Sh34.90 continues a rally that set in from the beginning of […]
The Safaricom share yesterday touched a new all-time of Sh35.10, pushing the combined wealth of investors at the Nairobi bourse to levels last seen 11 months ago and brightening prospects of recovery from Covid-19-induced price plunges. The jump in the Safaricom share from Tuesday’s Sh34.90 continues a rally that set in from the beginning of […]
The Co-operative Bank of Kenya has become the sixth lender to issue a profit warning on expected 2020 earnings. In a notice to shareholders on Friday, the bank attributed the expected collapse in earnings to economic disruptions arising from the COVID-19 pandemic. The volatile operating environment has seen the lender raise its loan-loss coverage in […]
An investor looks at the digital board at the Nairobi Stock Exchange(NSE)/FILE Safaricom’s command at the Nairobi Securities Exchange dropped below 50 per cent for the first time in three years, illustrating Covid-19 economic pressure on the bourse. According to the NSE end year barometer, the telco in 2020 commanded 48.3 per cent of total […]
Investor wealth at the Nairobi Securities Exchange (NSE) dipped by Sh1 billion during the first trading day of the New Year Monday, data showed, halting two weeks of gains. The combined investor wealth at the bourse closed at Sh2.335 trillion amid a recovery in trading activities. This is in contrast with Sh2.336 trillion on the […]
KBL Head of Beer Marketing Ann Joy Muhoro gives her address during the launch of Raising the bar Campaign Kenya Breweries Limited (KBL) has unveiled a Ksh. 330million geared at supporting the recovery of bars and eateries. Also Read : President Kenyatta orders all bars, restaurants be closed by 9pm The funding is part of […]
Highly skilled Kenyans without degree-level qualifications will from Monday access work permits for employment in Britain under new immigration rules that followed the UK agreeing a deal to exit the European Union. Britain’s new points-based immigration system, which took effect on Friday, has lowered the requirement for job applicants to a minimum skill level of […]
Investor wealth at the Nairobi Securities Exchange (NSE) dipped by Sh1 billion during the first trading day of the New Year Monday, data showed, halting two weeks of gains. The combined investor wealth at the bourse closed at Sh2.335 trillion amid a recovery in trading activities. This is in contrast with Sh2.336 trillion on the […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measures sought will be the lure of foreign investors whose exodus in 2020 caved a hole in the […]
Ms Jane Karuku, the new EABL chief executive. FILE PHOTO | NMG Locals take over top EABL, BAT jobs East African Breweries Limited (EABL) and British American Tobacco (BAT) will from January 1 be managed by new chief executives following the changes announced in December. Jane Karuku will assume office as the new EABL group […]
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