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Tag: Kenya
Best Shares in Kenya for Investors in the Last Week
Companies on the Nairobi (Kenya) Stock Exchange with the best share price growth in the last week.
Top Value stocks on the Nairobi (Kenya) Stock Exchange
Best value stocks on the Nairobi (Kenya) stock Exchanges. Companies trading at price lower than those justified by fundamentals
Top Dividend-paying stocks on Nairobi (Kenya) Stock Exchange
Companies with the highest dividend yields on the Nairobi (Kenya) Stock exchange
Most profitable companies on the Nairobi (Kenya) Stock Exchange
The most profitable companies in Kenya based on net profits, cashflow and margins.
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Safaricom: Is it still thriving even during Covid?
Safaricom remains a Kenyan corporate giant Safaricom is a Kenyan telecommunications giant behind the pioneering M-Pesa mobile payment system. Over the last few years it has thrived, increasing revenues and profits (earnings tripled in 7 years). it is world renown for its M-Pesa scheme, and has expanded beyond its home base of Kenya across Africa. It…
Should UNGA stay out of the kitchen?
UNGA Group is a Kenyan-listed company with a focus on flour milling and manufacturing of a human nutrition products and animal feeds. The group has operations in Kenya and Uganda. UNGA has just released its 2019/2020 financial results and they are not the prettiest reading. Revenues steady but profits down over 80%. They are generating cash…
Kenya Defense and Uchumi implored to settle land dispute amicably
A military vehicle is parked on the land claimed by Uchumi next to Thika Road Mall in Nairobi. PHOTO | EVANS HABIL | NMG As reported in Wednesday’s Business Daily, the Kenya Defence Forces (KDF) has taken over land claimed by struggling Uchumi Supermarkets , ignoring the long history that ended with Uchumi being allowed…
Kenya set to issue four-day transit visa
NMG Kenya will from January start issuing four-day transit visas allowing foreign passengers on Kenya Airways awaiting connection flights at the Jomo Kenyatta International Airport to exit for shopping and sightseeing. Passengers on layovers — a break between two flights taking passengers to their final destination — will receive a 96-hour transit visa, up from…
I&M Bank Lists Maiden Shares on Rwandan Bourse
Finally another Rwanda commercial bank- I&M Bank, today listed its shares at Rwanda stock exchange with an opening price of Frw 100 and closed with an increase at a closing price of Frw 105. I&M Bank indicated its intension to join the local bourse in 2016. The bank will become the third on the stock…
Pesalink app signs up 2 million customers in 60 days
IPSL Chief Executive Officer, Jennifer Theuri says they hope to raise the number of banks using Pesalink in the next few weeks So far, 22 commercial banks are part of the network allowing customers to move money across banks through the app. The banks include; I&M Bank Kenya, CBA, First Community Bank, Paramount Bank, Jamii…