Dr John Kibunga Kimani Non-Executive Director Kakuzi Plc. Until recently, only a select few could put a face to the name of billionaire investor John Kibunga Kimani. But when human rights abuse allegations rocked Nairobi Securities Exchange-listed Kakuzi, where he is the second-largest shareholder with a 32.2 per cent stake, curiosity about the man behind […]
Tag: nation media group
Kenya: Nation Media Group to Buy Back 10% of Its Shares
Nation Media Group (NMG) has announced plans to buy back 10 per cent of its own shares from shareholders in a share buyback programme that will give its investors a chance to cash in on their investments. The media house, which embarked on a digital transformation journey with the recent launch of its flagship digital […]
Kakuzi troubles smoke out reclusive Kenyan billionaire shareholder
Dr John Kibunga Kimani Non-Executive Director Kakuzi Plc. Until recently, only a select few could put a face to the name of billionaire investor John Kibunga Kimani. But when human rights abuse allegations rocked Nairobi Securities Exchange-listed Kakuzi, where he is the second-largest shareholder with a 32.2 per cent stake, curiosity about the man behind […]
Tanzania: Local Investors Dominate DSE Market Activities
LOCAL investors on the Dar es Salaam Stock Exchange (DSE) became dominant last week accounting for 99.86 per cent of the total investments and 98.84 per cent of the total divestments. During the week under review, the foreign investors took a back seat along with zero transactions at the TBL counter. According to the Weekly […]
NMG premium content digital platform goes live
Nation Media Group Chairman Wilfred Kiboro (centre), CEO Stephen Gitagama (left) and Editorial Director Mutuma Mathiu during the launch of Nation.Africa paywall at Windsor Golf Hotel and Country Club on February 8, 2021. PHOTO | DENNIS ONSONGO | NMG The Nation Media Group #ticker:NMG on Monday launched the premium section of its digital platform, Nation.Africa […]
DSE: Jatu shares plummet 20% in one week
Jatu share price plummeted 23.15 per cent in one week ending last Friday as investors’ appetite faded for once darling stock after listing two and half months ago. The agro-based starter-up firm opened last week at a 1,080/-, then closed at 830/- last Friday after hitting 760/- last Thursday. Orbit Securities said on Monday in […]
Kakuzi troubles smoke out reclusive Kenyan billionaire shareholder
Dr John Kibunga Kimani Non-Executive Director Kakuzi Plc. Until recently, only a select few could put a face to the name of billionaire investor John Kibunga Kimani. But when human rights abuse allegations rocked Nairobi Securities Exchange-listed Kakuzi, where he is the second-largest shareholder with a 32.2 per cent stake, curiosity about the man behind […]
Tanzania Share Index Drops as JATU Maintains Downward Trend
DESPITE a change of the tide on the last trading session of the week, JATU still managed to trivially suppress the Tanzania Share Index (TSI) after the counter dropped by 23.15 per cent on a weekly basis. JATU opened the week at a price of 1,080/- then closing at 830/- on Friday 05th February 2021 […]
Nation.Africa video selected for global award
The Nation centre, headquarters of Nation Media Group. PHOTO | COURTESY A Nation.Africa campaign video has been selected as a finalist in the iF Design Awards for 2021. The recognition comes just days after Nation.Africa, Nation Media Group’s flagship news and digital content website, crossed the 200,000 mark in registered users in just under five […]
NSE Tops Its Own Platform During The Sessions On Wednesday
KEY POINTS KCB Group was the top mover of the day after selling 5.02 million shares followed by Safaricom with 3.18 million shares. Kenya Power and Kenya Re-Insurance sold 1.48 and 1.06 million Nairobi Securities Exchange was the top gainer of the day with 7.82 percent at the price of 9.10 shillings per share followed […]