Rwanda’s leading Cement manufacturer CIMERWA has received approval from the Capital Markets Authority and the Rwanda Stock Exchange to list its shares on the local bourse on August 3rd 2020. Out of the listed shares constituting 703,219,520 shares (100%), a free float of 344,575,560 shares (49%) will be available for trading to the investor community […]
Tag: XNAI_NMG
Why the next two years are crucial for the aviation sector
A Kenya Airways plane in flight. PHOTO | FILE | NATION MEDIA GROUP Kenya Airways has announced that it will be making some adjustments on some of its routes by either stopping, cutting on frequencies or suspending flights altogether. Experts have warned that the number of passengers will remain subdued as flights the world over […]
Kenya Airways’ halt of direct flights to New York bad idea
Kenya Airways cabin crew usher passengers into an aeroplane at JKIA, Nairobi, following the resumption of domestic flights on July 15. PHOTO | FILE | NATION MEDIA GROUP With the second anniversary of the launch of direct flights between Nairobi and New York quickly approaching, the recent decision by Kenya Airways to cancel them could […]
Kenyan aircraft crashes on Somalia donkeys mishap
As the plane approached the murram runway of the local airstrip in Somalia, it encountered the animals, which interrupted the landing order. FILE PHOTO | NATION MEDIA GROUP A Sh500 million Kenyan plane crashed in Somalia after rogue donkeys got onto the runaway during landing. Preliminary reports from the Somali Civil Aviation Authority indicate a […]
Kakuzi Kicks Off The New Week As Top Gainer At The NSE
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 […]
Former Tanzanian president Benjamin Mkapa dies
Tanzanian President Benjamin William Mkapa speaks to African Union diplomats during a session of the AU, in Addis Ababa, Ethiopia, on August 31, 2005. PHOTO | AFP Mr Mkapa led Tanzania from 1995 to 2005 before handing over to Jakaya Mrisho Kikwete. He was born on November 12, 1938. Benjamin William Mkapa is no more. […]
Nation Media Group Announces Mass Firing
The Nation Centre building in Nairobi’s Kimathi Street where the Nation Media Group offices are located. Monday, October 21, 2019 Simon KiraguKenyans.co.ke Nation Media Group has announced that it intends to lay off some members of its team following plans to reorganise the business model. According to documents seen by Kenyans.co.ke the layoff, which is […]
Longhorn Publishers Ends Wednesday As Top Gainer At The NSE
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Longhorn Publishers with 8.41 percent at the price of 4.90 shillings per share. Sanlam Kenya was the top second gainer of the day with 7.69 percent at the price of 14.00 shillings per share followed by Standard Group with 6.90 […]
Kakuzi Kicks Off The New Week As Top Gainer At The NSE
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 […]
Jambojet revs engines as it readies for local flights
Passengers disembark from a Jambojet plane at the Jomo Kenyatta International Airport in Nairobi. Jambojet plans to resume flights to five local destinations on July 15, 2020. PHOTO | FILE | NATION MEDIA GROUP Low-cost carrier Jambojet plans to resume flights to five local destinations on July 15, 2020 after the government lifted a ban […]