November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]
Tuskys Supermarket The Board of retailer Tusker Mattresses Limited (TML) has approved the appointment of two key leaders in the firm’s Finance Division. The board chair Bernard Kahianyu confirmed the appointments of Chadwick Okumu and Caroline Karimi as the Chief Finance Officer and Internal Audit Manager respectively. The board said the sanction of the two […]
Nairobi Securities Exchange. FILE PHOTO | NMG Loss-making firms have dominated the top 10 list of stocks on the Nairobi Securities Exchange #ticker:NSE (NSE) that recorded price gains since the start of the year despite Covid-19-related economic disruptions. A review shows that stocks of firms such as Kenya Airways #ticker:KQ, Uchumi Supermarkets #ticker:UCHUM, Sameer Africa […]
Nairobi — UCHUMI Supermarket has opened an online portal for trade and services creditors to register their debts. In a statement, the retailer says the move is part of the implemention of the Company Voluntary Agreement (CVA), which has already received an approval from the High Court. Uchumi Supermarkets CEO Mohamed Mohamed says registration of […]
Nairobi Securities Exchange. FILE PHOTO | NMG Loss-making firms have dominated the top 10 list of stocks on the Nairobi Securities Exchange #ticker:NSE (NSE) that recorded price gains since the start of the year despite Covid-19-related economic disruptions. A review shows that stocks of firms such as Kenya Airways #ticker:KQ, Uchumi Supermarkets #ticker:UCHUM, Sameer Africa […]
Tuskys Supermarket The Board of retailer Tusker Mattresses Limited (TML) has approved the appointment of two key leaders in the firm’s Finance Division. The board chair Bernard Kahianyu confirmed the appointments of Chadwick Okumu and Caroline Karimi as the Chief Finance Officer and Internal Audit Manager respectively. The board said the sanction of the two […]
Nairobi — UCHUMI Supermarket has opened an online portal for trade and services creditors to register their debts. In a statement, the retailer says the move is part of the implemention of the Company Voluntary Agreement (CVA), which has already received an approval from the High Court. Uchumi Supermarkets CEO Mohamed Mohamed says registration of […]
Okumu was sent packing alongside Chief Executive Officer Jonathan Ciano for “gross misconduct and gross negligence/FILE NAIROBI, Kenya, Oct 6 – Uchumi Supermarket has opened an online portal for trade and services creditors to register their debts. In a statement, the retailer says the move is part of the implementation of the Company Voluntary Agreement […]
New Tuskys CFO Chadwick Okumu. FILE PHOTO | NMG Tuskys Supermarket has hired former Uchumi finance boss Chadwick Okumu as its chief financial officer (CFO), filling the post that fell vacant in July. Mr Okumu replaces Daniel Ndirangu, facing the task of dealing with the cash flow crisis that is currently plaguing Tuskys. "We introduce […]
File image of Tuskys Supermarket. PHOTO| COURTESY Under fire retailer Tuskys is now facing three new auctions as disgruntled landlords seek to dispose its properties to recover outstanding rent arrears. In a notice contained in local dailies, Garam Investment Auctioneers listed properties in three of the retailer’s stores for public auction between October 21 and […]
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