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 […]
Tag: XNAI_BERG
Unga Group Kicks Of The Week As Top Gainer Of The Day
KEY POINTS Top gainers of the day; Unga Group, Total Kenya, Crown Paints Kenya, Uchumi Supermarkets, and Umeme. Top losers were Trans-Century, Standard Group, Longhorn Publishers, Centum, and Carbacid. As the month of January snails to an end, Unga Group kicked off this week as the top gainer of the day with 8.29 percent at […]
Unga Group Kicks Of The Week As Top Gainer Of The Day
KEY POINTS Top gainers of the day; Unga Group, Total Kenya, Crown Paints Kenya, Uchumi Supermarkets, and Umeme. Top losers were Trans-Century, Standard Group, Longhorn Publishers, Centum, and Carbacid. As the month of January snails to an end, Unga Group kicked off this week as the top gainer of the day with 8.29 percent at […]
Nairobi Securities Exchange Rebounds To Top Trading On Thursday
The Nairobi Securities Exchange (NSE) was the top gainer of the day on Thursday after being in the red for some days with 8.11 percent at the price of 8.00 shillings per share. Trans-Century and Carbacid Investments gained 6.67 and 6.10 percent at the price of 1.60 and 8.70 shillings per share respectively followed by […]
Crown Paints Eyes Experiential Showrooms to Grow Market
NAIROBI, Kenya, Sept 2 – Paint manufacturer Crown Paints Kenya in partnership with Jubilee Jumbo has launched a dealer-owned Crown Décor world showroom in Kisumu County with the aim of improving and standardizing customer experience. According to the partners, the investment worth over Sh5 million seeks to tap into the robust western region that is […]
Kenya: Crown Paints Eyes Experiential Showrooms to Grow Market
Nairobi — Paint manufacturer Crown Paints Kenya in partnership with Jubilee Jumbo has launched a dealer-owned Crown Décor world showroom in Kisumu County with the aim of improving and standardizing customer experience. According to the partners, the investment worth over Sh5 million seeks to tap into the robust western region that is registering exponential growth […]
Top 5 Gainers, Losers And Movers At The NSE On Wednesday
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were Nairobi Business Ventures, Flame Tree Group, Nation Media Group, NCBA Group, and East African Cables. Nairobi Business Ventures gained 10.00 percent at the price of 0.66 shillings per share followed by Flame Tree Group with 5.38 percent at the […]
East Africa: Cash-Strapped EA Cables to Delay Publishing Its 2019 Financial Results
Nairobi — Debt-ridden East African Cables has announced that there will be a delay in the publishing of the audited financial statement for the year ending December 31, 2019. In a statement, the Group’s Company Secretary Virginia Ndunge said the firm has already obtained approval from the Capital Markets Authority granting it the extension. Ndunge […]
Manufacturers hard hit as earnings drop
Inside Crown Paints Kenya showroom in Industrial area, Nairobi. The warehouse is filling with paint faster than the orders are streaming in. PHOTO | DENNIS ONSONGO | NATION MEDIA GROUP Rakesh Rao, the chief executive officer at Crown Paints, cuts the image of a man carrying the whole world on his shoulders. You would expect […]
Dreams of affordable housing will go up in smoke
Increase in fuel prices means a ripple effect across all sectors of the economy, including building and construction. PHOTO| FOTOSEARCH The 16 per cent value added tax (VAT) on petroleum products is bound to greatly affect Kenyans, who, experts say, are already heavily burdened with taxes. According to a cement dealer and paint dealer who […]