E.A. Portland Cement Half Year Loss
Results East African Portland Cement issued its Half Year results for the period ending December 2015. Revenues were up by ...
KenGen Profit before Tax rises by 121% to Ksh 8.38 Billion
NSE-listed electricity producer, KenGen Kenya has reported a half year profit before tax of Ksh 8.38 Billion compared to 3.79 ...
Mumias Sugar widens H1 pretax loss by 9% to Ksh 2.26 Billion
Mumias Sugar has reported pretax loss of Ksh 2.26 Billion ($22.23 million) in the six months ending December. 31, up from ...
Uchumi Supermarkets shuts down 5 Kenyan Outlets, 253 Jobs Lost
Uchumi Supermarkets Limited on Monday announced the termination of operations in five (5) outlets within Kenya as part of its reorganization ...
Atlas Begins Ground Clearing of Ethiopian project, production to start in 2019
NSE Kenya and London Exchange cross-listed Atlas Ltd says it has commenced ground clearing of its ‘Chancho Project’ in Ethiopia, a bottling ...
Safaricom to meet its Free Cash flow Target
(Reuters). Kenya's Safaricom will meet its upgraded guidance on free cash flow for its current financial year thanks to sustained ...
Weekly Market Report; Equity Turnover Declined by 21.82%
We adapt the weekly review ending 18th Feb 2016 largely from the CBK Weekly Bulletin which we found insightful. Equities ...
Longhorn records a 70% Jump in Profit
NSE Kenya listed Publisher, Longhorn has recorded a 70% growth in after-tax profit of Ksh 67.8 Million for the six months ended December ...
Influence of Nominal Yield on Bond Pricing
Nominal yield might seem like just a number on a bond, but it holds the key to understanding bond pricing. ...
Benchmark NSE 20 Index down by 10.67 Points
Market Snap Turnover at the bourse on Thursday stood at KES 606.37Mn compared to 477.9Mn on Wednesday. 34,305,900 shares were ...