Unga Group Board Appoints Joseph Choge as New Managing Director
The Board of Unga Group Plc has confirmed the appointment of 39-year-old Joseph Malel Choge as the new Managing Director of the Company, effective December 1st 2021. Choge is a [...]
WPP Scangroup Plc to Delay Publication of its Half-Year Results
WPP Scangroup board of directors has notified shareholders and the investing public over the ongoing delay in publishing its unaudited financial statements for the half-year period ending 30th June 2021, [...]Kenya's Current Account Deficit Widens to 5.4% of GDP in July
Kenya's Current Account deficit increased to 5.4% of the GDP in the 12 months to July 2021 compared to 4.9% of the GDP in the12 months to July 2020 according [...]
Nairobi Green Park Terminus Automation Set to Begin NMS
Automation is set to begin at the KSh250 million Nairobi Green Park Terminus, according to Nairobi Metropolitan Services (NMS). This is after the Kenya Railways Corporation (KRC) deployed four of [...]
NSE Top Gainers and Losers, Equity Turnover in August
Bank of Kigali was the month's top price gainer of 37.9%, followed by Eaagads 21.7%, Crown Paints 17.1%, NSE 14.8%, Limuru Tea 14.3%, East African Cables 13.7%, Sameer Africa 11.2%, [...]SACCOs to train on Taxation and Cybercrime Risks
The Co-operative Alliance of Kenya(CAK) has assembled a team of experts to guide SACCOs in cybercrime risks and taxation issues. This training session on Taxation, Cyber-crime risks and prevention, will [...]Kenya Orchards makes a Half-Year Net Loss of KSh 3.7 Million
Kenya Orchards Limited, a listed firm primarily involved in distributing processed fruits, vegetables and other food products, made a net loss of KSh 3.7 Million at the end of the [...]PMI Index for Kenya Picks Up in August
The Stanbic Bank Kenya Purchasing Manager Index(PMI) edged up slightly to 51.1 in August 2021 from 50.6 in July, mainly driven by faster growth in new business and accelerated new [...]Home Afrika posts Half-Year Net Loss of KSh 222.8 Million
Home Afrika, a real estate firm listed on the Growth and Enterprise Market(GEMS) segment of the Nairobi Securities Exchange(NSE), has recorded a net loss of KSh 222.8 Million in H1, [...]Centum Investment Company to hold its 54th AGM this month
Centum Investment Company will hold its Annual General Meeting via electronic means on 24th September 2021. Shareholders will consider and approve a first and final dividend of KSh 0.327 per [...]NSE Weekly Turnover Declines to KSh 1.5 Billion as Banks dominate
Nairobi Securities Exchange(NSE) declined to KSh 1.5 Billion ob 78.7 Million shares against KSh 2.3 Billion on a volume of 71 Million shares posted the previous week. The Banking sector [...]Britam Half-Year Net Earning Rise to KSh 376.3 Million
Britam Holdings Plc recorded a net profit of KSh 376.3 Million at the close of the six months ended 30th June 2021 compared to a loss of KSh 1.6 Billion [...]
