Vivo Energy Kenya, the retailer of Shell-branded fuel products, has extended its dominance of local petroleum sales in the year ended December as its rivals lost market share. The latest industry data from the Energy and Petroleum Regulatory Authority (Epra) shows that the oil marketer increased its market share by 0.5 percentage points to 21.7 […]
Capital Markets Authority acting CEO Wyckliffe Shamia (R) and Nairobi Stock Exchange CEO Geoffrey Odundo during a past workshop The Capital Markets Authority (CMA) plans to install a surveillance system for real-time tracking of Nairobi bourse activities to unmask insider dealings. The regulator says the system will help it to monitor trading activities on the […]
Oil marketer Rubis Energy Kenya has opened stores at select service stations to improve customer experience and convenience. In a statement on Thursday, the company announced that the convenience stores known as Enjoy would offer a one-stop solution to customer shopping needs. “To ensure that our customers have sustainable access to our products, we have […]
The Capital Markets Authority (CMA) is yet to bank the financial penalties it slapped on stock agents Aly-Khan Satchu and Kunal Bid following the 2018 KenolKobil insider trading probe, with the appeals the two filed still to make their way through the legal system. Mr Satchu sued the regulator at the High Court after it […]
Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic. It is usual for companies to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent […]
Companies have rebranded in the last one-year or so to boost business and reinvigorate presence amid an economic impact caused by the Covid-19 pandemic. It is usual for companies to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent […]
The National Stock Exchange (NSE) 55 Westlands Rd, Starehe, Nairobi National Bank of Kenya (NBK) has formally exited the Nairobi bourse following the acquisition by KCB Group in September 2019. Capital Markets Authority (CMA) said the exit will be effected on Thursday for the counter that has not been trading on the Nairobi Securities Exchange […]
Rubis Energy Kenya will open French restaurants across its network of service stations to improve customer experience and convenience. The company announced in a statement on Wednesday that the restaurant known as Brioche will offer French cuisine and bakery experience as part of its marketing strategy. “As part of our promise of ‘Making Your Life’s […]
Oil marketing in Kenya dates back to colonial times In the 1900s, Royal Dutch Shell established the first depot at Shimanzi, Mombasa county The sector has grown tremendously, with over 70 registered oil marketing companies operating more than 1,800 service stations Oil marketing in Kenya dates back to colonial times in the 1900s when Royal […]
Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]
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