Top Gainer The top gainer of the day at the Nairobi Securities Exchange was Uchumi Supermarket with 10.10 percent at the price of 0.22 shillings per share followed by Sasini with 7.43 percent at the price of 21.70 shillings per share. Umeme and Kakuzi gained 6.21 and 5.73 percent at the price of 6.50 and […]
KEY POINTS Uchumi Supermarket was the top loser after shedding off 9.09 percent at the price of 0.20 shillings per share followed by Sasini and Trans-Century with a loss of 5.61 and 4.31 percent at the price of 20.20 and 1.11 shillings per share. Top Gainers The top gainer of the day at the Nairobi […]
New KCC audit query flags possible loss of billions as processor gives no clear avenue for recovering outstanding debts. New Kenya Cooperative Creameries may not recover Sh764 million owed by several supermarkets, some of which have closed shop and others facing closure. Auditor General Nancy Gathungu has cast doubt on whether the state milk processor […]
New KCC audit query flags possible loss of billions as processor gives no clear avenue for recovering outstanding debts. New Kenya Cooperative Creameries may not recover Sh764 million owed by several supermarkets, some of which have closed shop and others facing closure. Auditor General Nancy Gathungu has cast doubt on whether the state milk processor […]
Uchumi Supermarkets branch in Nairobi. FILE PHOTO | NMG Investors on Nairobi Securities Exchange (NSE)-listed Uchumi Supermarkets remain in the dark as the troubled retailer is yet to publish its financials for four years in an alarming regulatory breach. The retailer has not released its financials for the year ending June 2018 despite several extensions […]
Uchumi Supermarkets branch in Nairobi. FILE PHOTO | NMG Investors on Nairobi Securities Exchange (NSE)-listed Uchumi Supermarkets remain in the dark as the troubled retailer is yet to publish its financials for four years in an alarming regulatory breach. The retailer has not released its financials for the year ending June 2018 despite several extensions […]
Kenya Power and Lighting Company (KPLC) was the top mover of the day with 10.43 million shares with a market capitalization of 3.34 billion shillings. Safaricom came in second with 2.10 million shares and a capitalization of 1.66 trillion shillings. Nairobi Business Ventures, WPP ScanGroup, and NCBA Group ended the day by moving 244,200, 204,800, […]
KEY POINTS Absa Bank Kenya was the second top mover of the day with 3.06 million with a market capitalization of 57.57 billion shillings. Kenya Power and Lighting, KCB Group, and Stanlib Fahari Income – REIT moved 930,400, 550,500, and 331,900 respectively. The top mover of the day at the Nairobi Securities Exchange (NSE) on […]
Naivas Supermarket is set to take over Uchumi’s city centre outlet in Nairobi and open a new store in Malindi next month, underlining its aggressive expansion plan. The first outlet will be on the Aga Khan Walk within the central business district in Nairobi, which the struggling Uchumi Supermarket previously occupied. The second premise is […]
Naivas opened a new outlet in Juja City Mall, in a space that was previously occupied by Tuskys The retailer is aiming at raising its footprint in the Kenyan retail market amid stiff competition The expansion plans come weeks after Game Store said it was quitting the Kenyan market Naivas Supermarket will increase its footprint […]
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