Co-op Bank of Kenya Half-Year Earnings up 3% to KSh 7.4 Billion
Co-op Bank of Kenya has recorded a marginal 3% increase in half-year profits to KSh 7.4 Billion compared to net earnings of KSh 7.2 Billion over a similar period last [...]
Kakuzi Plc H1 Net Earnings falls 28.6% to KSh 194.6 Million
Kakuzi Plc, a listed agro-based firm, has recorded a 28.6% drop in net earnings for the first six months of 2021 to KSh 194.6 Million compared to KSh 272.8 Million [...]Shelter Afrique Admits FSA as its 47th Shareholder
Shelter Afrique, with its headquarters in Nairobi, has got Niamey-based Fonds de Solidarite Africain (FSA) to become the 47th Shareholder of paying a US$ 2 Million capital subscription fee. FSA [...]NSE Daily Equity Turnover rises 240% to KSh 1.7 Billion
Nairobi Securities Exchange (NSE) Daily Equity Turnover increased to KSh 1.656 Billion when trading ended this Tuesday, with the number of shares traded rising to 23,425,900. This data is compared [...]EABL to Hold Virtual AGM Next Month
East African Breweries Limited (EABL) plans to hold its Annual General Meeting (AGM) on Tuesday 14th September through electronic means. The company has announced that it intends to change its [...]
Equity's Half Year Pre-tax Profit Doubles to KSh23.8 Billion
Kenya's largest bank by customers, Equity group, has posted impressive financial results in the first half of this year. The bank's six-month pre-tax profit nearly doubled to KSh23.8 billion from [...]DT-SACCOs Balance Sheet Grows 12.8% to KSh 627.7 Billion-SASRA Report
DT-SACCOs sub-sector recorded an increase in the balance sheet size by 12.75% to reach KSh 627.68 Billion in 2020 from KSh 556.71 Billion recorded in 2019. This is despite the [...]NSE Daily Equity Turnover up 62% to KSh 487.6 Million
Nairobi Securities Exchange(NSE) recorded an Equity Turnover of KSh 487,556, 873.00 when trading ended this Monday on a volume of 10.3 Million. This data shows a 61.5% improvement compared to [...]CMA permits Ace Financial Advisory to Cease Operations
Capital Markets Authority(CMA) has received notification from Ace Financial Advisory Services of its intentions to cease operations. The Authority has accepted the revocation request and has given the public 45 [...]KRA Tax Collection in July hits KSh 121.8 Billion
Kenya Revenue Authority(KRA) Tax Collection in July reached KSh 121.8 Billion compared to KSh 94.4 billion over a similar period last year. A statement on revenue and expenditure from National [...]Limuru Tea Plc cuts H1 Net Loss to KSh 8.6 Million
Limuru Tea Plc recorded a net loss of KSh 8,597,000 during the first six months of this year compared to a net loss of KSh 11,071,000 realised over a similar [...]Kenya Forex Reserves Drop to 7 Week-Low of $9.3 Billion
Kenya's foreign currency holdings declined to a 7 week-low in the last week according to data from the Central Bank of Kenya. The reserves fell to $9.296 billion on 12 [...]
