PwC executive Muniu Thoithi. PHOTO | SALATON NJAU | NMG PricewaterhouseCoopers (PwC) now controls nearly a third of audits of the Nairobi bourse firms, in latest rotations of auditors that looks set to take its fees above Sh398 million. The audit firm has won three additional clients— KCB Group , HF Group and CIC Insurance […]
In April 2020, Sameer Africa dropped shocker. After 50 years in tyre business, it called it quits. FILE PHOTO | NMG Kenyan firms are joining the global trend of complete reinvention in seeking to seize opportunities presented by the fast-changing customer needs. For 25 years, Magana Flowers Kenya Limited has been synonymous with flowers, just […]
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 […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa with 10.00 percent at the price of 3.85 shillings per share followed by Express with a gain of 7.66 percent at the price of 4.50 shillings per share. Umeme was the third gainer of the day with 6.34 […]
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 […]
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. […]
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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