More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
East African Community minister Adan Mohamed and EALA MP Simon Mbugua address journalists at English Point Marina in Mombasa, January 14, 2019. PHOTO | LABAN WALLOGA | NATION MEDIA GROUP Kenya’s earnings from exports to Uganda jumped more than half after last April’s deal which cleared tax hurdles for goods such as pharmaceuticals, confectionery, juice […]
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 […]
The aviation sector worldwide, was the worst hit by the Covid-19 pandemic in 2020 and Kenya has been no different. Its ailing national airline and the tourism sector has seen the number of international arrivals fall by 71.5% – to 579,600 passengers. Now Kenya’s National Treasury has rejected a proposal by cash-strapped Kenya Airways (KQ) […]
The Nation Media Group (NMG) on September 3, 2021, marked a year since the launch of its continental digital platform- Nation.Africa. NMG’s Chief Executive (CEO) Stephen Gitagama expressed satisfaction with the Group’s digital transformation journey that has placed it as a leader in the mobile publishing landscape in Africa. The bold step undertaken 12 months […]
Nation Media Group (NMG) on Tuesday celebrated the first anniversary of its flagship premier digital platform Nation.Africa, with the promise of unique and quality content for its millions of consumers. Leading the celebrations at the Nation Centre, NMG’s Chief Executive Stephen Gitagama said the launch of the digital platform marked a major turning point in […]
Recently, the Nation Media Group was granted the nod to purchase up to 10 percent of its issued and paid-up share capital (approximately 20 million shares) in an open market share buyback programme. With a buyback yield – share repurchase value over total market capitalisation of 10 percent – is the decision well-timed or has […]
Britam officials at the company’s 24th Annual General Meeting, held virtually on June 29, 2020 at Britam Tower in Nairobi. PHOTO | FILE Kenya’s Capital Markets Authority (CMA) has summoned directors of Britam Holdings Ltd to establish their role in the alleged irregular sale of 452.5 million shares (23.34 percent stake). The deal which was […]
The Nation Media Group (NMG) on September 3, 2021, marked a year since the launch of its continental digital platform- Nation.Africa. NMG’s Chief Executive (CEO) Stephen Gitagama expressed satisfaction with the Group’s digital transformation journey that has placed it as a leader in the mobile publishing landscape in Africa. The bold step undertaken 12 months […]
The Nation Media Group (NMG) on September 3, 2021, marked a year since the launch of its continental digital platform- Nation.Africa. NMG’s Chief Executive (CEO) Stephen Gitagama expressed satisfaction with the Group’s digital transformation journey that has placed it as a leader in the mobile publishing landscape in Africa. The bold step undertaken 12 months […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.