Nairobi — Astrazeneca Company has been recognized as the top employer in Kenya in 2021. The company has also been ranked as a top employer in South Africa this year. The ranking follows the release of fresh data by Top Employers Institute which showed that Becton Dickinson East Africa Limited, British American Tobacco, DHL world […]
The top mover of the day was BK Group after selling 9 million shares with a market capitalization of 16.56 billion shillings followed by Safaricom PLC with 3.44 million shares with a market capitalization of 1.46 trillion shillings. Equity Group and KCB Group sold 2.01 and 1.35 million shares respectively with a market capitalization of […]
The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
When minority shareholders of Express Kenya and Unga Group Plc halted takeover attempts in 2018, they marked a turning point in the running of corporates in Kenya, after many years of dominant shareholders forcing through virtually every policy decision. Many investors had watched helplessly as their money went down the drain because of poor decisions […]
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 […]
The Nairobi Securities Exchange (NSE) was the top gainer of the day on Thursday after being in the red for some days with 8.11 percent at the price of 8.00 shillings per share. Trans-Century and Carbacid Investments gained 6.67 and 6.10 percent at the price of 1.60 and 8.70 shillings per share respectively followed by […]
A Kenya Power vehicle (file photo). Nairobi — Kenya Power says it has commenced the relocation of power lines between Mlolongo, Mombasa road, and James Gichuru road to pave way for construction of the 27.1-kilometer-long Nairobi Expressway. The exercise is being carried out at a cost of Sh1.08 billion, an amount that will be met […]
The market data shows that among actively traded stocks, 27 or 47 per cent of the companies registered gains while 30 or 53 per cent posted losses. FILE PHOTO | NMG Troubled Kenya Airways leads a group of loss-making companies to emerge with the best stocks from a period when the country imposed tight coronavirus […]
FedEx, the international shipping company is eyeing for a share of East Africa’s logistics business. The American company has announced its entrance into the East Africa market, with Kenya being one of its key target markets. The entry of FedEx Corp’s subsidiary FedEx Express in Kenya means that local users can have direct access to […]
On 4th May, an African Express Airways Embraer E-120 Brasilia (Kenyan registered as 5Y-AXO) was operating a domestic flight between Mogadishu and Baidoa, Somalia. During the flight, above Bardale, the aircraft was shot down, allegedly by a rocket missile. It is reported that Ethiopian forces were not aware that the plane was due to land […]
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