A wave of job losses that has hit Kenya in the last one year worsened by the Covid-19 pandemic shows no sign of stopping. This is the fifth month since the virus was first reported in Kenya, quickly moving from a health to an economic crisis that is leaving a trail of shattered livelihoods to […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa followed by Flame Tree Group, KCB Group, Britam Holdings, and HF Group. Sameer Africa gained 9.85 percent at the price of 3.57 shillings per share followed by Flame Tree Group with 5.60 percent at the price of 1.32 […]
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were: Nairobi Business Ventures Liberty Kenya Uchumi Supermarket East African Cables Kapchorua Tea Kenya. Nairobi Business Ventures gained 10 percent at the price of 0.66 shillings per share followed by Liberty Kenya with 8.03 percent at the price of 7.80 shillings per […]
A wave of job losses that has hit Kenya in the last one year worsened by the Covid-19 pandemic shows no sign of stopping. This is the fifth month since the virus was first reported in Kenya, quickly moving from a health to an economic crisis that is leaving a trail of shattered livelihoods to […]
Sameer closed the loss-making tyre unit in May, leaving it with the real estate business, which it says is profitable. FILE PHOTO | NMG Sameer Africa narrowed its net loss 68 per cent to Sh58.5 million in the half year ended June, benefiting from the closure of its troubled tyre business. The Nairobi Securities Exchange-listed […]
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 […]
Like human beings, companies have their lifespan. Some may look like they will be around forever, but then some unforseen change comes about, and unable to cope, they die. Others shut down within hours or days of being born. While some stay on life support for an unusually long time, others make a surprise recovery. […]
Nairobi Securities Exchange (NSE). FILE PHOTO | NMG Billionaire businessmen, former powerful government officials and prominent politicians are in the long list of individuals who risk losing Sh26 billion worth of shares that have been surrendered to the Treasury as idle assets. The Unclaimed Financial Assets Authority (UFAA) has given the owners of the over […]
The top loser of the day on Tuesday at the Nairobi Securities Exchange (NSE) was the Standard Group. The company lost 9.84 percent at the price of 22.45 shillings per share. Eveready East Africa was the second top loser with 7.48 percent at the price of 0.99 shillings per share followed by Sanlam Kenya with […]
On Monday, Kakuzi emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 9.76 percent at the price of 360.00 shillings per share. Sasini Tea and Coffee, and Williamson Tea Kenya gained 6.75 and 4.56 percent at the price of 17.40 and 143.25 shillings per share respectively. Eveready East Africa […]
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