Kakuzi Plc will hold its Annual General Meeting on Tuesday 9th June 2020 via electronic means. Further details in the More Information link.
Tag: kakuzi
Multinationals’ dividends from NSE drop by Sh10bn
The Nairobi Securities Exchange. FILE PHOTO | NMG Dividends paid out to multinationals for their controlling stakes in Nairobi Securities Exchange-listed firms are set to drop by 21 percent this year as a few blue-chips reduced their payouts by significant amounts. Multinational firms including Vodacom Group, Diageo Plc, WPP Plc and BAT Plc have received […]
Quick Update on Latest Strategic Initiatives Taken by Two LSE Stocks: Hyve Group PLC & Camellia PLC
The United Kingdom market closed higher on Thursday (on 7 th May 2020) before the bank holiday on 8 th May 2020. The market sentiments were encouraging with China’s export data. Meanwhile, the Bank of England indicated the worst economic slump in over 300 years. As the COVID-19 mayhem has significantly impacted economic conditions and […]
Listed companies given green light to host virtual AGMs
• The listed firms will be required to issue a statutory notice to shareholders on intended general meeting and obtain a No Objection from CMA least 14 days prior • They will also need to set out in detail in the request to CMA, how the meeting will be held, whether virtual, electronic technology or […]
Wednesday preview: US Federal Reserve, Astra Zeneca in focus
The focus in the middle of the week will be on the US central bank with investors keen to know the Federal Reserve’s take on the current state of economies and financial markets around the world. That, some believe, may help inform estimates of when the Fed is likely to strengthen its so-called forward guidance […]
Week ahead: Central banks, Apple in focus
Apple | APPLE – Archivo Investors’ attention over the coming week will be on the world’s two main central banks, the US Federal Reserve and the European Central Bank. On Wednesday, rate-setters at the former will get a chance to communicate their latest views on the outlook, while policymakers at the latter are likely to […]
Court allows listed companies to hold online AGMs
Nairobi Securities Exchange (NSE). FILE PHOTO | NMG Listed companies whose internal rules do not provide for virtual Annual General Meetings (AGMs) have been allowed to hold online shareholder meetings, unlocking frozen company deals. This follows court approval of a deal between Nairobi bourse-listed ScanGroup and Capital Markets Authority (CMA) allowing for online voting on […]
Kakuzi parent company faces claims in UK for Africa abuses
Kakuzi has over the years battled various claims and charges. FILE PHOTO | NMG The parent company of Kakuzi Limited #ticker:KUKZ, Kent-based Camellia Plc, is bracing itself for claims running into hundreds of millions of shillings arising from alleged human rights abuses in its African operations. The multinational disclosed in a trading update that it […]
Kakuzi Plc: Annual General Meeting 2020
Kakuzi Plc Annual General Meeting (AGM) 2020 will be held on 9th June 2020.
Agriculture pay budget rises 36pc on union deal
Tea prices are a challenge. FILE PHOTO | NMG Salaries and wages of tea and coffee workers have shot up by 36 percent in the last four years, increasing operating costs for agricultural firms in Kenya. This follows the conclusion and signing of collective bargaining agreements (CBAs) that had been pending for the last four […]