Shoprite has announced that it will stop operations in Uganda and Madagascar. They join Nakumat and Uchumi supermarkets that exited Uganda in the recent past. The South African-based supermarket had branches at Village mall in Bugolobi, Lugogo and Acacia mall in Kololo and Victoria mall in Entebbe. According to a report by Reuters, the South […]
KEY POINTS The top gainer of the day was BK Group with 8.05 percent at the price of 38.25 shillings per share. It was followed by Britam Holdings with 5.06 percent at the price of 8.30 shillings per share. The top gainer of the day was BK Group with 8.05 percent at the price of […]
You can now own part of a publicly listed company by using your Bonga Points. This is after Safaricom inked a deal with the Nairobi Securities Exchange (NSE) with the aim of enabling Kenyans to invest in stocks using their accrued Bonga Points. The partnership, launched on August 9, will see the telco’s customers get […]
In a public notice, USE Chief Executive Officer, Paul Bwiso said trading in Uchumi’s shares and the listing of its shares on the bourse had been suspended, until the company meets all the requirements. The bid for regional supermarket chain, Uchumi, has been dented by the decision to suspend its activities on the Ugandan Securities […]
You can now own part of a publicly listed company by using your Bonga Points. This is after Safaricom inked a deal with the Nairobi Securities Exchange (NSE) with the aim of enabling Kenyans to invest in stocks using their accrued Bonga Points. The partnership, launched on August 9, will see the telco’s customers get […]
Nairobi — Prices of teas from KTDA-managed factories improved marginally at the Mombasa Tea Auction this week, selling at an average of $2.43 per Kg compared to $2.29 at the previous auction. At the auction held Tuesday 2nd August, KTDA managed factories offloaded 84% of all teas offered at the market, down from 87% sold […]
At the peak of their powers, Nakumatt, Uchumi and Tuskys appeared infallible in how they conducted their operations. They were operating with a swagger that intimidated other retailers until things started to unravel, fast. The three have floundered and in their place has emerged a new crop of retailers that are expanding rapidly to fill […]
Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]
Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]
Carrefour outlet at City Mall Nyali in Mombasa County. FILE PHOTO | NMG Carrefour Kenya has announced dates for opening two new stores in Kisumu, marking its foray in western Kenya. The first outlet will be opened at Mega Plaza in Kisumu’s central business district this month in a space previously occupied by Tuskys. The […]
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