The Nairobi Securities Exchange. FILE PHOTO | NMG The decline in trading at the Nairobi bourse has hurt earnings of the Nairobi Securities Exchange (NSE) #ticker:NSE, which plunged 82 percent from Sh133 million as at June 2018 to Sh24 million in the first half of this year. The NSE says that bond turnover in the […]
Tag: express kenya
Express Kenya narrows half year loss to Sh7.2 million
Express Kenya has been in losses for the last five years. FILE PHOTO | NMG Logistics and real estate firm Express Kenya #ticker:XPRS has cut its half year loss by 68.7 percent to Sh7.2 million, supported by reduced costs. The loss, from Sh22.5 million posted in the first half of last year, was despite revenues […]
CEO rules out takeover offer for Express Kenya
A past Express Kenya event. Mr Diniz shares have hit 71.86 percent. FILE PHOTO | NMG Express Kenya’s majority shareholder and chief executive Hector Diniz will not make a new takeover offer for the logistics firm after raising his stake in the company to a new high of 71.86 percent. Mr Diniz last year failed […]
Express WiFi Kenya registration and contacts
Express WiFi Kenya is a public WIFI hotspot provided by Facebook. Facebook’s partnership with Surf is aimed at enabling all Kenyans to access public Wi-Fi. After 2 months of trial, the project was kicked off in late March this year. The service provider behind this is Internet Solution Kenya, formerly known as Access Kenya. In […]
Kenya: How Minority Shareholders Have Scuttled Takeover Bids At NSE
The failure of two takeover bids of Kenyan companies in July, the first of its kind, has illustrated the growing influence of minority shareholders in the running of listed companies. Minority shareholders who have long been dancing to the tune of major shareholders, now have a voice in major decisions affecting the operations of their […]