At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. FILE PHOTO | NMG At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. Britam Holdings , […]
DES MOINES, Iowa and NEW YORK, Dec. 2, 2020 /PRNewswire/ — Meredith Corporation (NYSE: MDP ; www.meredith.com ) announced today that Catherine Levene has been named National Media Group (NMG) President, effective immediately. Continue Reading Meredith National Media Group President Catherine Levene Meredith’s National Media Group reaches nearly 95 percent of all U.S. women and […]
The Nation Media Group (NMG) has signed a partnership agreement with MultiChoice Kenya Ltd to to start airing NTV programmes on its Showmax digital platform. NMG chief executive Stephen Gitagama on Wednesday said the partnership will enable NTC to expand its viewership. "As NMG, we are proud to serve our audience in whichever way. Having […]
KCB Group kicked off the week as the top mover of the day after selling 4.41 million shares with a market capitalization of 118.25 billion shillings followed by Safaricom with 2.24 million shares with a market capitalization of 1.28 trillion shillings. East African Breweries and Equity Group sold 827,100 and 669,500 with a market capitalization […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Olympia Capital with a gain of 6.95 percent at the price of 2.00 shillings per share. British American Tobacco was the second top gainer of the day with 3.31 percent at the price of 7.50 shillings per share followed by […]
THE Tanzania Share Index (TSI) recorded a bullish trend for yet another week as Twiga Cement maintains the rally. The price of Twiga gained 3.97 per cent while closing the week at a price of 2,620/- from previous week’s 2,520/- per share. The counter closed at the highest of 2,640/- on Wednesday 04th November 2020 […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
US Ambassador to Kenya Kyle McCarter at the Rivatex East Africa factory in Eldoret on October 27, 2020. US-Africa trade policy is unlikely to change after the elections. PHOTO | FILE | NATION MEDIA GROUP President Trump has signalled reduction of US military presence in Africa, altered budgetary allocation to humanitarian programmes, and tightened visa […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
Investors buying shares at the at the Nairobi Securities Exchange (NSE) at prevailing prices are enjoying a return from dividends matching the rates earned by buyers of short-term government securities. NSE data shows the dividends as a percentage of share price (known as dividend yields) for 18 listed firms range between 7.3 and 19.7 percent, […]
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