The Dr Chris Kirubi majority-owned Longhorn Publishers has been ordered to pay two authors Sh35 million for books the government bought in bulk from the company, which then refused to remit royalties to two authors. The writers, Dr Stephen Mburu and Dr Geoffrey Chemwa, had sued Longhorn, where Dr Kirubi was a shareholder. And arbitrators, […]
Tag: XNAI_LKL
Centum issues profit warning as Covid-19 slows business
Investment firm Centum has issued a profit warning citing lower disposal of investments and effects of Covid-19 on the private equity portfolio business. The caution if for the for the financial year ending March 31, 2021. A statement from the firm signed by company secretary, Mwangi Mbogo said the board wished to bring this to […]
Centum issues profit warning as Covid-19 slows business
Investment firm Centum has issued a profit warning citing lower disposal of investments and effects of Covid-19 on the private equity portfolio business. The caution if for the for the financial year ending March 31, 2021. A statement from the firm signed by company secretary, Mwangi Mbogo said the board wished to bring this to […]
Longhorn Publishers : Closure of Schools Pushes Longhorn Publishers to Losses of Sh145.3 Million
Longhorn Publishers has posted Sh145.3 million in losses in the six months to December 2020, down from the Sh68.9 million net profit it recorded in a similar period in 2019. In a statement, the group said it was impacted by a challenging environment arising from the Covid-19 crisis and the related suspension of learning in […]
NMG Tops The NSE With 9.89%, Kenya Re Comes Second
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 […]
Closure of Schools Pushes Longhorn Publishers to Losses of Sh145.3mn
NAIROBI, Kenya, Feb 22 – Longhorn Publishers has posted Sh145.3 million in losses in the six months to December 2020, down from the Sh68.9 million net profit it recorded in a similar period in 2019. In a statement, the group said it was impacted by a challenging environment arising from the Covid-19 crisis and the […]
Longhorn Publishers : Closure of Schools Pushes Longhorn Publishers to Losses of Sh145.3 Million
Longhorn Publishers has posted Sh145.3 million in losses in the six months to December 2020, down from the Sh68.9 million net profit it recorded in a similar period in 2019. In a statement, the group said it was impacted by a challenging environment arising from the Covid-19 crisis and the related suspension of learning in […]
Kenya-based books publisher, Longhorn suffers $1.3 million half-year loss
Longhorn Publishers recorded a Sh145.3 million (1.3 million US Dollars) loss in the last six months of 2020 as sales were hurt by disrupted learning due to the coronavirus pandemic. Book published by Longhorn The publisher had made a net profit of Sh68.96 million/$620437.95 in the half-year to December 2019. “The Group revenue declined compared […]
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 […]
