Financial Standard With the global markets spooked by the ongoing coronavirus crisis, there has never been a better time to grab your dream shares at a bargain. If you are looking to snap up a bargain at the stock market, you will be spoilt for choice. After the recent shaky preference of the country’s securities […]
Tag: unga group
Eveready East Africa end-year losses to almost triple
Eveready chairperson Lucy Waithaka with Group MD Jackson Mutua during the unveiling of the company’s strategic plan for 2014-17 in Nairobi on September 29, 2014. Eveready East Africa has issued a profit warning, indicating that it will be falling deeper into losses. A statement published in a local daily says earnings for the year ended […]
Kenya: How Minority Shareholders Have Scuttled Takeover Bids At NSE
The failure of two takeover bids of Kenyan companies in July, the first of its kind, has illustrated the growing influence of minority shareholders in the running of listed companies. Minority shareholders who have long been dancing to the tune of major shareholders, now have a voice in major decisions affecting the operations of their […]
Unga quietly suspends trading from NSE after takeover hitch
Unga Group managing director Nick Hutchinson. FILE PHOTO | NMG Unga Group’s #ticker:UNGA share at the Nairobi Securities Exchange (NSE) #ticker:NSE was back in suspension Tuesday, a day after a resumption of trading following a three-week hiatus that saw the stock drop 4.4 per cent to Sh37.50. The NSE said the company sought an extra […]