KEY POINTS The top mover of the day was Safaricom Plc after selling 10.61 million shares followed by Co-operative Bank who sold 2.77 million shares. Equity Group, KCB Group, and KenGen sold 1.36 and 1.21 million. Kenya Power and Lighting Company emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) […]
Tag: XNAI_KCB
Olympia Capital Tops Second Day Of Feb At The NSE
KEY POINTS Safaricom is still leading the table of top mover selling 10.44 million shares today followed by Equity Group and KCB Group with 5.80 and 3.50 million shares respectively. Olympia Capital was the top gainer of the day on February 2, 2021, at the NSE with 9.09 percent at the price of 2.40 shillings […]
NSE Tops Its Own Platform During The Sessions On Wednesday
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 […]
How Nyachae built up a vast bank, grains empire
Former Cabinet minister Simeon Nyachae. FILE PHOTO | NMG If Kenyan bank shareholders and directors were required to attend AGMs on the same day, Simeon Nyachae would have had difficulty choosing which ones to go to or skip. Mr Nyachae, who died yesterday at 88, owned stakes in Credit Bank, Prime Bank, Commercial Bank of […]
Restructured bank loans hit Sh1.6tr amid growth in lending
•Personal and household loans amounting to Sh333.0 billion (39.6 per cent of the gross loans to this sector) have also had their repayment period extended. •Strong credit growth has been observed in manufacturing , transport and communications , agriculture, , real estate and consumer durables. Customers queue inside a KCB branch in Nairobi. /FILE Banks […]
KCB seeks approval to buy two banks in TZ, Rwanda
KCB Group #ticker:KCB has made a formal application to the regional competition watchdog to be cleared for the Sh4.4 billion ($40 million) deal in which it is seeking to acquire two banks in Tanzania and Rwanda. Comesa Competition Commission said in a notice dated last week Monday that it had started collecting views from interested […]
15 places you can get quick loans in Kenya in 2021
We have all at one point in time been in a situation where we needed some cash to sort out something urgently. The quickest source of this cash is family and friends, however they are not always able to come to your aid. A bank loan takes eons to come through, so what do you […]
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 […]
Youth online jobs plan now on track, says CS Mucheru
ICT Cabinet Secretary Joe Mucheru with his Public Service, Youth and Gender Affairs counterpart Sicily Kariuki after launching Ajira Digital, an online employment programme, at KCB Leadership Centre in Karen on November 24, 2016. PHOTO | ANTHONY OMUYA | NATION MEDIA GROUP A State-backed project aimed at training up to up to a million youth […]
UBA Kenya appoints business development executive director
Mary Mulili, Executive Director, Business Development, UBA Kenya UBA Kenya has appointed Mary Mulili, as Executive Director, Business Development, following the Central Bank of Kenya’s approval. Mulili was the immediate former General Manager, Business Development Bank of Africa, Kenya. She has nine years experience in corporate, commercial, SME, institutional, retail, public sector, trade finance and […]