KCB Group kicked off the week as the top mover of the day after selling 4.41 million shares with a market capitalization of 118.25 billion shillings followed by Safaricom with 2.24 million shares with a market capitalization of 1.28 trillion shillings. East African Breweries and Equity Group sold 827,100 and 669,500 with a market capitalization […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Olympia Capital with a gain of 6.95 percent at the price of 2.00 shillings per share. British American Tobacco was the second top gainer of the day with 3.31 percent at the price of 7.50 shillings per share followed by […]
Nominees for the 2020 Africa Digital Awards Comedian Timothy Kimani aka Njugush and Pulse Africa are among the nominees for the 2020 Africa Digital Awards. The funny man (Njugush) has been nominated in the Digital Influencer of the Year category alongside; Kwadwo Sheldoh (Ghana), Lasizwe (South Africa), Linda Ikeji (Nigeria) and Edith Yoh (Cote D’ivoire). […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
November, Wednesday 4, 2020: The top gainer of the day at the Nairobi Securities Exchange (NSE) was Flame Tree Group with 5.26 percent at the price of 1.40 shillings per share. WPP ScanGroup and British American Tobacco gained 3.17 and 2.68 percent at the price of 6.50 and 345.00 shillings per share respectively. Centum Investment […]
US Ambassador to Kenya Kyle McCarter at the Rivatex East Africa factory in Eldoret on October 27, 2020. US-Africa trade policy is unlikely to change after the elections. PHOTO | FILE | NATION MEDIA GROUP President Trump has signalled reduction of US military presence in Africa, altered budgetary allocation to humanitarian programmes, and tightened visa […]
Jomo Kenyatta International Airport’s Terminal 1-A. FILE PHOTO | NATION MEDIA GROUP As airlines push ahead full throttle with plans to reduce their huge wage bills amid falling demand for air travel, an international lobby now warns has warned that the carriers cannot slash the cost sufficiently to minimise severe cash burn to avoid bankruptcies. […]
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, […]
Kenya Airways had been badly affected by the global COVID-19 pandemic over the past six months with a recorded loss of about US$132 million from flight disruptions that led to the grounding of aircraft. The airline management said last weekend that the passenger numbers dropped by 55.5% to 1.1 million in contrast with 2.4 million […]
The Managing Director of Nation Media Group-Uganda, Mr Tony Glencross (left), receives a plaque from Mr Ajay Kumar, the Indian High Commissioner to Uganda, at Monitor offices in Namuwongo, Kampala, yesterday. PHOTO | STEPHEN OTAGE The Indian High Commission has asked the Nation Media Group-Uganda (NMG-U) to create awareness about technologies which have helped India […]
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.