Monthly bonds turnover on the Nairobi Securities Exchange (NSE) hit an all-time high of Sh118.1 billion in September on the back of a liquid market and demand for infrastructure bonds, while equities remained subdued as blue-chip share prices retreated. The previous high in bonds turnover for a single month was the Sh106.9 billion that was […]
Foreign investors made net sales on the Safaricom #ticker:SCOM and EABL #ticker:EABL stocks at the Nairobi Securities Exchange (NSE) last week, pulling down the share prices of these stocks as well as the bourse’s market capitalisation. The net outflows on the foreign desk — which accounted for 45.5 percent of total market turnover — stood […]
More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
Everything was dropping on the stock market during the week that ended on the 24th of September 2021, from market capitalization and indices, to the equity turnover and number of deals. While some counters, including TBL and NICOL released half year financial results, but the results of TBL had no impact to entice activities on […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) was Eveready East Africa with 4.81 percent at the price of 1.09 shillings per share. Carbacid Investments was the second with 4.37 percent at the price of 11.95 shillings per share. CIC Insurance Group, Kenya Power and Lighting (KPLC), and Crown Paint Kenya […]
The Marketing Society of Kenya (MSK) has partnered with the East African Breweries Limited (EABL) to launch a marketing-driven podcast. The podcast will feature visions and insights from marketing and business leaders from an array of industries. The podcast will feature leaders discussing the latest business and marketing trends, sharing the challenges faced in building […]
More than half of stock prices at the Nairobi Securities Exchange (NSE) have yet to return to their pre-Covid-19 levels amid the full recovery of the bourse and economic revival from the pandemic-induced slump. Of the 58 actively traded counters, 31 are trading below their closing price on March 12, 2020, when Kenya announced the […]
From Left – Simon Njoroge – BAHLITA Chairman, EABL Commercial Director Joel Kamau, Michael Kiragu – PERAK National Chairman and Boniface Gachoka – BAHLITA Secretary General. Kenya Breweries Limited through its brand Tusker has on Thursday kicked-off the second phase of the Raising the Bar recovery programme. The programme is targeting 850 bars and eateries […]
Prime Minister Kassim Majaliwa said mid this week while unveiling the spirits manufacturing plant that the government will continue putting in place better investment conditions so that the private sector can create jobs while paying state taxes. “I commend Serengeti Breweries for the additional investment into the country which will improve livelihoods of the people […]
•KRA is expected to adjust the rate of excise duty using 4.97% as the average inflation rate covering the 2020/21 financial year. •Stop Crime Kenya (StoCK) has warned that an increase in excise rates will fuel illicit trade in the country . Production at the East African Breweries Limited plant in Nairobi/FILE Less than two […]
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