Safaricom Shares Touch New All Time High of Sh 26.75 Ahead of Book Closure!
The rally for shares in Safaricom continued on Friday's (Aug 25 2017) trading session with the stock touching a new all time high of Sh 26.75 in what is proving to [...]
Safaricom signs agreement with UN Environment to upscale implementation of sustainable goals
UN Environment has urged the country's private sector to collaborate with them in implementation of the Sustainable Development Goals (SDGs) that will help curb climate change. Currently, UN Environment is [...]Central Bank of Kenya Issues Guidance Note on Cybersecurity
The leveraging on technology by banks exposes them to increased cyber risks. In this regard, the Central Bank of Kenya (CBK) has issued a Guidance Note on Cybersecurity that outlines [...]Galaxy Note 8 unveiled in New York, Kenya Launch Expected in October
Samsung Electronics has introduced the Galaxy Note 8 at a colorful event in New York while the launch in Kenya is expected to take place in October. The Galaxy Note [...]Britam Half Year 2017 Pre-Tax Profit Drops By 55.4%
Diversified Financial Services Group, Britam Holdings (BRIT) has announced its financial performance for the six months period ended 30th June 2017. Major Highlights Pre Tax Profit declined by 55.4% to [...]Zamara eyes Pan African expansion as it adopts new corporate identity
Financial services provider Zamara (formely Alexander Forbes East Africa) has set its sights on African markets as it seeks to capitalise on the growing demand for insurance, brokerage and similar [...]Largest Construction Firm in US bags Sh 230Bn deal to build Kenya’s first high-speed highway
Two months after opening its Nairobi Regional Office, America’s Largest Construction Firm Bechtel International Inc. has been selected by the Kenyan National Highways Authority to build the country's first high-speed expressway at a [...]Total Kenya Half Year 2017 Results Analysis
On August 22nd 2017, those investors who filled up their tanks with Total Kenya PLC shares were in for very pleasant news. The half year ended June 2017 results recorded [...]Nairobi Securities Exchange Half Year Profit down 5.1%,
The Nairobi Securities Exchange reported its Half Year 2017 as operating income grew by 5.9% to Sh 282.6 Million. The bottom line was affected by increase of administration expenses which [...]The Current Interest Rate Environment: How We Got Here Where We are Headed
By @MihrThakar On 24th August 2016, borrowers cried tears of joy; the Kenyan Banking Amendment Bill, 2015 was signed into law by the President of the Republic of Kenya, effectively [...]Scangroup owned Agency Ogilvy Africa Bags Five Awards At the Loeries
Ogilvy Africa, an agency which is majority owned by NSE listed marketing communication services firm WPP Scangroup has won five medals at the Loeries for its “Most Eligible Bachelor” [...]Equity Bank Half Year 2017 Profit Slumps By 7.4%, Lays Off 66% of South Sudan Staff
Equity Group Holdings (Stock; EQTY), a Nairobi Securities Exchange listed financial services conglomerate has released its Half Year 2017 financial performance with Profit Before Tax declining by 6.6% to Sh 13.3 Billion [...]
