EABL to Hold Virtual AGM on 16th September
Listed beer manufacturer East African Breweries Limited (EABL) has notified its shareholders that the firm's 98th Annual General Meeting(AGM) will be held virtually on Wednesday, 16th September 2020 at 11:00 [...]
Sameer Africa Cuts H1 Net Loss to KSh 58.6 Million
Listed firm Sameer Africa Group has cut its net loss to KSh 58.6 Million for the six months period ended 30th June 2020. This is compared to a loss of [...]NSE Turnover Rises to KSh 386.66 Million
Equity turnover at the Nairobi Securities Exchange(NSE) rose to KSh 386.66 Million when trading closed today. A total of 15.94 Million shares were traded in 704 deals. This is compared [...]Kakuzi's Half Year Earnings up by 11% Driven By Lower Taxes
Kakuzi earnings for the first half of the year grew by 11.08% as the company enjoyed lower taxes. Profit after tax for the company grew to Ksh 272.8 million up [...]
Public Invited to Comment On Public Procurement and Asset Disposal Bill Amendments
Members of the public are invited to submit comments on a bill which will protect suppliers to government entities from payment delays. If it passes, the Public Procurement and Asset [...]Schneider Electric Appoints Carol Koech as Country President
Carol Koech has become the first Kenyan woman to head Schneider Electric East Africa as the country president. Koech joined Schneider Electric in 2018 and has been instrumental in transforming [...]
NSE Share Index Down, Turnover Hits KSh 347.3 Million
All share indices fell with the NSE 20 Share index closing the day at 1,729.46 a decline of 0.52 % from the previous 1,738.43. The NSE 25 Share index lost [...]Rebecca Miano, James Mwangi, Lee Kinyanjui Named Winners of the African Business Leadership Awards 2020
Three Kenyans have been listed among 17 exceptional individuals and corporates to be recognised during the 5th African Business Leadership Awards ceremony. The prestigious virtual event, to be held at [...]EPRA Appoints Mueni Mutung'a as Acting Director-General
The Energy and Petroleum Energy Authority (EPRA) has appointed Mueni Mutung'a as the new director-general. Ms Mueni, EPRA's Secretary and Director of Legal Affairs, was chosen for the position based [...]Equity Group Half Year Profit Falls 24.4% Y.o.Y to KSh 9.1 Billion
Equity Group Holdings (EGH) profits from January to June 2020 have declined by 24.4 per cent YoY to Ksh9.1 billion from Ksh 11.9 billion in a similar period last year. [...]Family Bank Half-year Net Earnings Hit KSh638.5 Million
Family Bank, a mid-sized lender, has defied a tough business terrain attributed to the coronavirus pandemic, to nearly double its net earnings to KSh 638.5 Million in H1, 2020. This [...]Crown Paints Records 765% Jump in Half-Year Profit
Crown Paints reported a net profit of Ksh 252.8 million for the first half of the year, up from KSh 29 million from a similar period last year. Unaudited results [...]
