The Nation Media Group was the top gainer of the day at the Nairobi Securities Exchange (NSE) on Tuesday, March 2, 2020, with 9.89 percent at the price of 19.45 shillings per share. Kenya Re-Insurance was the second top gainer with 4.84 percent at the price of 2.60 shillings per share followed by Longhorn Publishers […]
The Co-operative Bank of Kenya has become the sixth lender to issue a profit warning on expected 2020 earnings. In a notice to shareholders on Friday, the bank attributed the expected collapse in earnings to economic disruptions arising from the COVID-19 pandemic. The volatile operating environment has seen the lender raise its loan-loss coverage in […]
The Co-operative Bank of Kenya has become the sixth lender to issue a profit warning on expected 2020 earnings. In a notice to shareholders on Friday, the bank attributed the expected collapse in earnings to economic disruptions arising from the COVID-19 pandemic. The volatile operating environment has seen the lender raise its loan-loss coverage in […]
Absa Kenya was the top mover at the Nairobi Securities Exchange on Tuesday after selling 5.38 million shares with a market capitalization of 54.32 billion shillings. The second top mover of the day was Safaricom who moved 4.83 million shares with a market capitalization of 1.28 trillion shillings. KCB Group and the Co-operative Bank of […]
The top loser of the day at Nairobi Securities Exchange (NSE) ON Thursday was Sameer Africa with a loss of 10.00 percent at the price of 3.60 shillings per share. Unga Group was the second top loser with 9.09 percent at the price of 30.00 shillings per share followed by Trans-Century with 8.82 percent at […]
Jamii Bora Bank will now operate as Kingdom Bank Limited. The Co-operative Bank of Kenya Limited (Co-op Bank) has completed acquisition of 90 per cent of Jamii Bora Bank. The former Jamii Bora Bank has changed its name and will now operate as Kingdom Bank Limited. The acquisition On March 10, 2020, Co-op Bank published […]
Prince William shakes hand with President Uhuru Kenyatta when they met at the United for Wildlife Taskforce meeting at St. James’s Palace in London on January 21, 2020 to discuss Wildlife conservation The Co-operative Bank of Kenya has joined the Royal Foundation of the Duke and Duchess of Cambridge in the fight against Illegal Wildlife […]
The financial close for a 1.5 MWp solar photovoltaic project at Kiamariga village in Nyeri County, the central region of Kenya has been attained following the release of US$ 355,000 equity investment by the Renewable Energy Performance Platform (REPP) , a UK government-funded program dedicated to sponsoring/supporting renewable energy development projects, particularly in the growing […]
Prince Williams shakes hands with President Uhuru Kenyatta when they meet to discuss wildlife conservation. The Co-operative Bank of Kenya has joined the Royal Foundation of the Duke and Duchess of Cambridge in the fight against Illegal Wildlife Trafficking. This, after the Nairobi Securities Exchange (NSE) listed lender signed the United for Wildlife 2018 Mansion […]
The week kicked off with Car and General (K) carrying the day at the Nairobi Securities Exchange as the top gainer of the day with 9.74 percent at the price of 23.10 shillings per share. Express and Nairobi Business Ventures were the second and third top gainers on Monday with 9.74 and 7.14 percent respectively […]
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