French oil marketer Rubis Energie has started the process of rebranding over 200 KenolKobil and Gulf gas stations in Kenya. On Wednesday the company announced plans to rebrand all the stations currently operating under the KenolKobil and Gulf Energy brands, which it acquired last year. The total rebranding operation includes 190 KenolKobil sites and Gulf […]
Petroleum PS Andrew Kamau (centre), Rubis Energy Kenya Group managing director and East Africa CEO Jean-Christian Bergeron (left) and General Manager Martin Kimani during the launch of Rubis Energy Kenya after the aquisation of KenolKobil and Gulf Energy Holdings at United Nations Avenue, Gigiri in Nairobi. PHOTO | KANYIRI WAHITO | NMG French multinational Rubis […]
The Capital Markets Authority (CMA) is locked in a fresh court battle over the KenolKobil insider trading case after the former head of one of Kenya’s biggest stockbrokers – who was banned over the breach – moved to overturn the punishment. Andre DeSimone, who left his position as chief executive of Kestrel Capital in April […]
A Total petrol station in Limuru. FILE PHOTO | NMG Vivo Energy has retained its position as the top oil marketer in terms of sales, but KenolKobil has overtaken Total to second. Data from the Petroleum Institute of East Africa covering the third quarter ending September last year shows that the market share of Vivo, […]
On March 28, 2018, a Boeing 787-9 Dreamliner from the Paris Charles de Gaulle Airport touched down at Nairobi’s Jomo Kenyatta International Airport (JKIA). It was Air France’s first passenger flight to Nairobi after an 18-year hiatus. The symbolism of the maiden flight for the French, who have been shopping for better deals outside Francophone […]
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
What you need to know: For Alois Chami, a vocal and self-taught investor who joined the Nairobi bourse in 1973, he had one strategy: spread risks across all counters. But now he says for many of his counters, waiting for dividends has become like watching the grass grow; sometimes it withers. And now investors are […]
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
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