The top loser of the day at Nairobi Securities Exchange (NSE) ON Thursday was Sameer Africa with a loss of 10.00 percent at the price of 3.60 shillings per share. Unga Group was the second top loser with 9.09 percent at the price of 30.00 shillings per share followed by Trans-Century with 8.82 percent at […]
Tag: XNAI_UNGA
Attorney General fights Ndegwa ouster at CMA
Mr James Ndegwa, the Capital Markets Authority (CMA) board chairman. PHOTO | SALATON NJAU | NMG The Attorney-General has defended the appointment of James Ndegwa as the chairman of Capital Markets Authority (CMA) in a court case filed by activist Okiya Omtatah seeking his removal over alleged conflict of interest. Mr Omtatah argues that Mr […]
Red alert as blue-chip firms lose shine at NSE
Like human beings, companies have their lifespan. Some may look like they will be around forever, but then some unforseen change comes about, and unable to cope, they die. Others shut down within hours or days of being born. While some stay on life support for an unusually long time, others make a surprise recovery. […]
Standard Group Kicks Off The Week As Top Gainer At The NSE
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Standard Group Kicks Off The Week As Top Gainer At The NSE
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Pressure piles on families as maize flour hits Sh130
Workers arranging flour at a Tuskys branch in Nairobi. FILE PHOTO | NMG The price of maize flour has gone up at major retail outlets, worsening the plight of households even as Covid-19 containment measures cut income streams. A two-kilogramme packet of Capwell Industries’ Soko maize meal costs Sh134, Unga Group’s Jogoo is retailing at […]
Kenya: How Minority Shareholders Have Scuttled Takeover Bids At NSE
The failure of two takeover bids of Kenyan companies in July, the first of its kind, has illustrated the growing influence of minority shareholders in the running of listed companies. Minority shareholders who have long been dancing to the tune of major shareholders, now have a voice in major decisions affecting the operations of their […]
Unga quietly suspends trading from NSE after takeover hitch
Unga Group managing director Nick Hutchinson. FILE PHOTO | NMG Unga Group’s #ticker:UNGA share at the Nairobi Securities Exchange (NSE) #ticker:NSE was back in suspension Tuesday, a day after a resumption of trading following a three-week hiatus that saw the stock drop 4.4 per cent to Sh37.50. The NSE said the company sought an extra […]