The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Longhorn Publishers with 8.41 percent at the price of 4.90 shillings per share. Sanlam Kenya was the top second gainer of the day with 7.69 percent at the price of 14.00 shillings per share followed by Standard Group with 6.90 […]
Tag: flame tree group
Standard Group Emerges As Top Loser At NSE On Tuesday
The top loser of the day on Tuesday at the Nairobi Securities Exchange (NSE) was the Standard Group. The company lost 9.84 percent at the price of 22.45 shillings per share. Eveready East Africa was the second top loser with 7.48 percent at the price of 0.99 shillings per share followed by Sanlam Kenya with […]
Flame Tree gets Sh905m SBM credit line after freezing loan payments
Flame Tree Group chief executive Heril Bangera. FILE PHOTO | NMG Flame Tree Group (FTG) has secured Sh905 million ($8.5 million) credit line from SBM bank to improve working capital and fund growth even as the firm froze repayment of maturing loans in the wake of coronavirus. Chief executive Heril Bangera says in the latest […]
Flame Tree sets sights on corporate bond
Flame Tree CEO Heril Bangera. FILE PHOTO | NMG Flame Tree Group (FTG) intends to issue a corporate bond to fund growth despite the reduced investor appetite following loss of money in Chase and Imperial bank securities. Chief executive Heril Bangera says in the latest annual report the firm is working on issuing the bond […]
Standard Group Kicks Off The Week As Top Gainer At The NSE
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Ailing Uchumi Tops The NSE On Wednesday, Express Tails
Uchumi Supermarket was the top gainer of the day on Wednesday at the Nairobi Securities Exchange (NSE) with 3.13 percent at the price of 0.33 shillings per share followed by Total Kenya with 2.04 percent at the price of 25 shillings per share. East African Breweries was the third gainer of the day with 1.76 […]
Looking to buy? Now is the time to snap up stocks for a song
Financial Standard With the global markets spooked by the ongoing coronavirus crisis, there has never been a better time to grab your dream shares at a bargain. If you are looking to snap up a bargain at the stock market, you will be spoilt for choice. After the recent shaky preference of the country’s securities […]
Flame Tree debt capacity drops, says ratings firm
Former NSE chairman Eddy Njoroge (centre) looks on as his Flame Tree Group counterpart George Theobald (left) hits the gong accompanied by CEO Heril Bangera during listing in 2014. PHOTO | DIANA NGILA Fast moving consumer goods and plastic tanks manufacturer Flame Tree Group has a reduced ability to repay its debt, according to South […]