Safaricom’s #ticker:SCOM share of voice market dropped in the period ended June, the first time in a year as its rival Airtel ate into its dominance. Data from the Communications Authority (CA) shows that Safaricom’s share of voice dropped 2.7 percentage points to 68.2 percent or 13.3 billion minutes in the three months to June. […]
Hazina Trade Centre Safaricom has retained the title of Kenya’s most valuable brand according to valuation by firm, Brand Finance, Africa. The teleco, whose brand value is estimated to be $716 million, was ranked position one as Kenya’s most valuable brand. However, Safaricom has fallen three places to 15th from last year’s 12th as the […]
Safaricom fired 28 employees in the year ended March 2021 for fraud-related offences, a jump from 16 dismissals the year before. The telco’s latest sustainability report released Wednesday indicated it conducted 36 investigations into alleged fraud, dismissed the 28 and warned 19 employees. One case was taken to government agencies for further action. The majority […]
Kenya Power and Lighting Company (KPLC) was the top mover of the day with 10.43 million shares with a market capitalization of 3.34 billion shillings. Safaricom came in second with 2.10 million shares and a capitalization of 1.66 trillion shillings. Nairobi Business Ventures, WPP ScanGroup, and NCBA Group ended the day by moving 244,200, 204,800, […]
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 […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) was Eveready East Africa with 4.81 percent at the price of 1.09 shillings per share. Carbacid Investments was the second with 4.37 percent at the price of 11.95 shillings per share. CIC Insurance Group, Kenya Power and Lighting (KPLC), and Crown Paint Kenya […]
KEY POINTS Absa Bank Kenya was the second top mover of the day with 3.06 million with a market capitalization of 57.57 billion shillings. Kenya Power and Lighting, KCB Group, and Stanlib Fahari Income – REIT moved 930,400, 550,500, and 331,900 respectively. The top mover of the day at the Nairobi Securities Exchange (NSE) on […]
The Marketing Society of Kenya (MSK) has partnered with the East African Breweries Limited (EABL) to launch a marketing-driven podcast. The podcast will feature visions and insights from marketing and business leaders from an array of industries. The podcast will feature leaders discussing the latest business and marketing trends, sharing the challenges faced in building […]
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 […]
Safaricom Home Fibre Data and broadband services are interesting services, particularly over this period when some people are working from, and some educational institutions have adopted online learning platforms. Data from the Communications Authority of Kenya (CA) over the fourth quarter of the 2020/2021 financial year (March to June) has revealed that the total number […]
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