Kenya Airways planes parked at JKIA. PHOTO | FILE | NATION MEDIA GROUP Kenya Airways posted Sh14.33 billion loss on account of Covid-19 disruptions that led to grounding of flights. The half-year loss is more than the annual losses that KQ has been posting for the last three years. KQ chairman Michael Joseph has offered […]
Jamii Bora Bank has been renamed to Kingdom Bank Limited after acquisition by Co-operative Bank. PHOTO | DIANA NGILA | NATION MEDIA GROUP Jamii Bora Bank has been renamed to Kingdom Bank Limited and a new chief executive officer appointed in major changes by Cooperative Bank of Kenya which has acquired a controlling stake worth […]
The Managing Director of Nation Media Group-Uganda, Mr Tony Glencross (left), receives a plaque from Mr Ajay Kumar, the Indian High Commissioner to Uganda, at Monitor offices in Namuwongo, Kampala, yesterday. PHOTO | STEPHEN OTAGE The Indian High Commission has asked the Nation Media Group-Uganda (NMG-U) to create awareness about technologies which have helped India […]
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were Nairobi Business Ventures, Flame Tree Group, Nation Media Group, NCBA Group, and East African Cables. Nairobi Business Ventures gained 10.00 percent at the price of 0.66 shillings per share followed by Flame Tree Group with 5.38 percent at the […]
A patient undergoes a coronavirus test at the Kenya Coast National Polytechnic in Mombasa on June 26. PHOTO | KEVIN ODIT | NATION MEDIA GROUP Ironically, the said public hospitals are almost full with most of them not conducting Covid-19 testing. The government has a task to increase the number of testing facilities accessible to […]
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 […]
NCBA will redeem its Sh7 billion corporate bond 91 days ahead of its December 14, 2020 maturity date. File | Nation Media Group Banking group NCBA is set to redeem its Sh7 billion corporate bond 91 days ahead of its December 14, 2020 maturity date, a move that will see it save Sh222.5 million in […]
The top 5 gainers of the day at the Nairobi Securities Exchange on Wednesday were TPS Eastern Africa (Serena), Umeme, Sameer Africa, Bamburi Cement, and Nation Media Group. TPS Eastern Africa (Serena) gained 9.92 percent at the price of 14.40 shillings per share followed by Umeme with a gain of 9.88 percent at the price […]
The Nairobi Securities Exchange. As we stay at home, isolated, quarantined or locked down by the Covid-19 pandemic and preparing for the ‘new normal’, let us also make investments. PHOTO | FILE | NATION MEDIA GROUP As we stay at home, isolated, quarantined or locked down by the Covid-19 pandemic and preparing for the ‘new […]
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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