Eveready chairperson Lucy Waithaka with Group MD Jackson Mutua during the unveiling of the company’s strategic plan for 2014-17 in Nairobi on September 29, 2014. Eveready East Africa has issued a profit warning, indicating that it will be falling deeper into losses. A statement published in a local daily says earnings for the year ended […]
Tag: kapchorua tea
NSE slide sees dividend beat Treasury bill yields
The Nairobi bourse. Dividend yields of more than a dozen NSE- listed companies are now higher than Treasury bill rates. FILE PHOTO | NMG Dividend yields of more than a dozen Nairobi Securities Exchange- (NSE) listed companies are now higher than the prevailing Treasury bill rates, offering alternative investment option in a tough climate. The […]
Eaagads half year net loss doubles to Sh47 million
A woman picking ripe coffee beans. FILE PHOTO | NMG The company’s performance is as a result of reduced revenue and increased costs, condemning it to the loss zone like Williamson Tea and its affiliate Kapchorua Tea. While in six months of 2017 the firm had offered 162 tonnes for sale, it only offered 96 […]