Why Buy Low and Sell High Isn't As Easy As It Sounds
Whenever I’m talking about investing in stocks to people (mostly beginners) I tend to ask them how they think they are going to make money in the stock market. The [...]
TPS Eastern Africa Cuts Net Losses to KSh 632.5M
TPS Eastern Africa Plc has reduced its net losses by more than half to KSh 632.9 Million at the end of 31st December 2021, compared to a net loss of [...]
CMA Licences Three Fund Managers
The Capital Markets Authority (CMA) has issued licenses to African Alliance Kenya Asset Managers Limited, CPF Financial Services Limited and Kuza Asset Managers Limited to operate as fund managers in [...]
Sasini Plc Records a Jump in Net Profit to Ksh 421 Million Backed by Higher sales
Sasini Plc has more than tripled its net profit in the half-year ended March, to Sh421.3 million in the review period compared to Sh122.2 million the year before. The jump [...]Africa's largest contact centre operator CCI Global to Set Base in Tatu City
CCI Global, the largest international contact centre operator in Africa, has announced plans to move to a purpose built, state-of-the-art five-story tower office in Tatu City, creating more than 4,000 jobs for Kenyans. CCI’s [...]
Green Support: Kenya's Receives KSh310 Million From Japan for Reforestation
The Japanese government has extended a new KSh310 million funding to support forest restoration in Kenya, giving a major boost to the country’s efforts to increase forest cover. Through the [...]
Safaricom's Full Year 2022 Profit Falls 1.7% on Ethiopia Investment, Declares Ksh 30 Billion Dividends
Kenya's largest listed company Safaricom PLC on Thursday reported its full-year earnings for the period ended 31st March 2022. For the first time, Safaricom reported its earnings as a group [...]Kenya's Exports to the US Rise To Seven Year High
Kenya's export of duty-free goods to the United States under the African Growth and Opportunity Act (Agoa) rose by 20% in 2021, crossing the KSh50 billion mark, the biggest leaps [...]Equity Group Commits to Zero-Lending for Coal Projects in Finalised IFC Deal
The International Finance Corporation (IFC) and the IFC Financial Institutions Growth Fund has acquired a 6.71% stake in Equity Group, becoming the second-largest shareholder after Arise BV of Norway and Netherlands. The [...]Dollar Shortage In the Country Hits Oil Marketers
The dollar shortage in the country has started affecting the operations of oil marketers who ship in refined petroleum products — the country’s single largest import item by value. Rubis [...]Mobile Subscriptions in Kenya Grow 6% in 2021
Mobile subscriptions in Kenya increased by 6.0 per cent to 65.1 million in 2021, however, at a slower rate compared to the 12.6 per cent growth registered in 2020. According [...]KPC Begins Upgrade of Changamwe Refineries Facilities
The Kenya Pipeline Company (KPC) has begun upgrading the facilities owned by Kenya Petroleum Refineries Limited (KPRL), seeking to boost its storage capacity. Upgrade of the refinery is aimed at [...]
