NSE Equity Turnover Dips 2.2% to KSh 567M
The NSE posted a marginal decline in daily equity turnover to KSh 567m from the previous day’s KSh 580m, a fall of 2.2%, while the number of shares traded increased [...]
KEMSA to Collect Over KSh 2.7B Held by Counties
KEMSA (Kenya Medical Supplies Authority) has announced intentions to recover over KSh 2.7 billion owed by County Governments. The Authority said it aims to collect at least KSh 500 million [...]Co-op Bank Q1 Net Profit Up 65.7% to KSh 5.8B
Co-operative Bank of Kenya recorded a 65.7% increase in net profit to KSh 5.8 billion at the close of Q1 2022. This is compared to KSh 3.5 billion over a [...]Eveready E.A Plc Cuts Half-Year Net Losses to KSh 8.4M
Eveready East Africa Plc cut its net losses to KSh 8.4 million in the first six months ended 31st March 2022 compared to a net loss of KSh 25.9 million [...]Bollore Logistics Commissioned to Handle Shipment of Kenyan Coffee to South Korea
Bollore Transport Logistics has successfully handled the first direct shipment of Kenyan farmers' coffee to South Korea without the use of a coffee brokerage. The shipment that was flagged [...]
KCB Records a Jump In Profits in Q1 to Ksh 9.9 Billion
KCB Group has reported a 54.6 per cent rise in profit after tax to Sh9.9 billion in Q1 2022 from Sh6.4 billion recorded in 2021. The lender attributed the rise [...]
KAM Raises Concern Over Looming Food Shortage Crisis
Kenya Association of Manufacturers (KAM) has raised concern over a looming food shortage crisis should the ongoing shortage of maize and wheat in the country persists. In a joint statement [...]Bamburi Cement to Hold 71st AGM in June 2022
Bamburi Cement Limited has notified shareholders that its 71st Annual General Meeting(AGM) will be held electronically on Thursday, 16th June 2022. The meeting will approve a first and final dividend [...]NSE Daily Equity Turnover Declines to KSh 581M
NSE Daily Equity Turnover declined to KSh 581 million from the previous session’s KSh 2.3 billion. The volume of shares sold at the bourse stood at 16 million compared to [...]Sidian Bank Net Profit Ups 3.1% to KSh 117.4M
Sidian Bank recorded an increase in net profit to KSh 117.4 million at the end of the first three months of the year compared to KSh 113.9 million in Q1 [...]African Alliance Kenya to Quit Investment Banking
African Alliance, a South African-based Group, has notified the Capital Markets Authority(CMA) of its intention to cease the operation of its investment banking business in Kenya. However, the Group said [...]Mobile Money Transactions Hit Ksh 1.82 Trillion in Q1 2022-CBK
Kenya’s mobile money use hit a new high of Sh1.82 trillion in the first quarter of 2021 as businesses fully recover from the effects of the Covid-19 pandemic, according to [...]
