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_SASN
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 […]
Sasini Sends Home Over 1,300 Employees During Pandemic
Sasini Plc sent home 1,364 in the year ended September 2020, attributed to the effects of the Covid-19 pandemic on the economy. The agricultural firm with a focus on tea and coffee ended the year with 2,520 employees, becoming one of the biggest job cuts in Kenya for a listed firm. This was despite the […]
Kenya Power Kicks Of February As Top Gainer Of The Day
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) […]
Sasini sheds 1,364 jobs in Covid-19 era cost cutting
Workers pick tea at a farm in Kericho. FILE PHOTO | NMG Agricultural firm Sasini Plc reduced its workforce by 1,364 in the year ended September, marking one of the largest job cuts by a Kenyan listed company during the Covid-19 pandemic era. The company ended the period with a total of 2,520 employees across […]
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 […]
Sasini Kenya 2021 AGM
Sasini Kenya will hold its 2021 AGM on March 5th 2021 via Electronic Means.
Sasini returns to profitability on cost containment measures
Grower Sasini Plc has returned to profitability booking a Ksh.12.6 million profit for the year running to the end of September 2020. This to reverse a Ksh.337.7 million loss booked in 2019 on the back of improved cost containment. Sasini’s turnover rose by 48 per cent to Ksh.4.1 billion from Ksh.2.8 billion a year earlier […]
Sasini Posts Sh12.61mn In Profit for the year ended September 30 2020
NAIROBI, Kenya, Jan 15- Sasini Limited has recorded a profit of Sh12.61 million in its financial results for the year ended September 30 2020, compared to a loss of Sh337.74 million it registered in a similar period last year. The Group’s company secretary Lawrence Kibet through a statement said the rise in profit has been […]
Sasini returns to profit on increased sales
Some of the Sasini products. FILE PHOTO | NMG Agricultural firm Sasini has returned to profitability after sales increased by nearly half, outpacing growth in costs, the publicly-traded firm reported on Thursday. The company, which largely deals in large-scale tea, coffee, macadamia and avocado farming and production, reported a profit of Sh12.61 million for the […]