Tea pickers. FILE PHOTO | NMG Williamson Tea and Kapchorua Tea have warned of weaker earnings in the future after the two firms posted poor performance for the year ended March 2021 on the back of global oversupply. The listed tea firms— which cultivate, manufacture and sell tea — said in separate financial performance reports […]
The East African Tea Trade Association(EATTA) has moved to court seeking suspension of more sections of the newly enacted Tea Act arguing that they are discriminatory and unconstitutional. The association, which manages the weekly tea auction in Mombasa says implementation of the law will distabilise production and export of tea in Kenya. The High Court […]
Nairobi Securities Exchange. FILE PHOTO | NMG Loss-making firms have dominated the top 10 list of stocks on the Nairobi Securities Exchange #ticker:NSE (NSE) that recorded price gains since the start of the year despite Covid-19-related economic disruptions. A review shows that stocks of firms such as Kenya Airways #ticker:KQ, Uchumi Supermarkets #ticker:UCHUM, Sameer Africa […]
Nairobi Securities Exchange. FILE PHOTO | NMG Loss-making firms have dominated the top 10 list of stocks on the Nairobi Securities Exchange #ticker:NSE (NSE) that recorded price gains since the start of the year despite Covid-19-related economic disruptions. A review shows that stocks of firms such as Kenya Airways #ticker:KQ, Uchumi Supermarkets #ticker:UCHUM, Sameer Africa […]
Investors buying shares at the at the Nairobi Securities Exchange (NSE) at prevailing prices are enjoying a return from dividends matching the rates earned by buyers of short-term government securities. NSE data shows the dividends as a percentage of share price (known as dividend yields) for 18 listed firms range between 7.3 and 19.7 percent, […]
The top gainer of the day at the Nairobi Securities Exchange on Wednesday was Eaagads who closed the day with 9.52 percent at the price of 11.50 shillings per share. WPP ScanGroup was the second top gainer with 9.03 percent at the price of 7.00 shillings per share followed by Nairobi Securities Exchange with 6.15 […]
The top gainer of the day at the Nairobi Securities Exchange on Wednesday was Eaagads who closed the day with 9.52 percent at the price of 11.50 shillings per share. WPP ScanGroup was the second top gainer with 9.03 percent at the price of 7.00 shillings per share followed by Nairobi Securities Exchange with 6.15 […]
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 […]
The Nairobi Securities Exchange (NSE) has begun witnessing a new slide as listed entities close their books ahead of dividend payments. The second-wave slide which follows COVID-19 shocks in March and April has seen an extension of losses of the bourse main indices. In July for instance, all three NSE indices remained on a downward […]
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. […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.