Centum appoints Ex-PWC Director, Samuel Kariuki as CFO
Nairobi Securities Exchange listed Investment firm,Centum, has appointed a former Price-WaterhouseCoopers (PwC) Rwanda associate Director as its new chief finance officer (CFO) effective 15th February 2016. Samuel Kariuki has over 10 years in [...]
TransCentury launches Pothole patching technology as Share Price hits lowest level since listing
Avery East Africa Limited a Transcentury subsidiary has partnered with UK's Velocity Group to launch a new pothole patching technology to take advantage of booming road maintenance business in Kenya. The technology sees [...]Low NSE Prices Potential Boon for Savvy Investors
Investors at the Nairobi Securities Exchange (NSE) are likely to make a significant gain in the coming months, according to market analysts. The reduction of the NSE 20 share index [...]US Congress calls for investigation into BAT Bribery Scandal
Eight US Congress members have called for a Department of Justice investigation into tobacco firm, BAT following allegations the company bribed officials and senior politicians in Africa to undermine UN [...]Centum Investment Company Analysis
History ICDC was founded in 1954 as a government parastatal, whose primary objective was to provide a vehicle for Kenyans to invest in the economy of newly independent Kenya by investing [...]Weekly Market Report; Foreign Investors Spotted pulling out Of Barclays
KENYAN MARKET The Week in Numbers Equity Market Valuations improved this week with an increase in the market cap by KES 64.459Bn. The benchmark NSE 20 index managed to close [...]NSE Top Investor Joel Kibe, kills Guard in accident
A CMC director and also the fifth largest shareholder of Olympia Capital lost control of his range rover while allegedly drunk and rammed into a a gate in Runda, killing a guard on Monday night. [...]Tough competition forces Kenchic to Close down Eateries
Competition in Kenya's fast food market has forced Kenchic to close its eatery outlets from April 2016,saying it will now concentrate on chicken processing activities for supply to local and international markets. “Effective the 31st March [...]Yields on CBK's 364, 182 Day T-Bills Sink at Auction
The weighted average yield on Kenya's 364-day Treasury bill slid to 13.964 percent in auction on Wednesday from 14.488 percent at last week's sale, the central bank said. The yield [...]NSE Rises for the Second Day, Kenya Shilling Unshakable
Market Report 03/Feb/2016 Nairobi Securities Exchange continued posting positive results with NSE 20 Share index adding 23.79 points to close 0.63% higher. ARM, Kengen and Safaricom supported the upward direction. Turnover [...]BOOK; KENYA'S MOST PROMISING STOCKS OF 2016
Ideas for Investing Profitably on the NSE 10 Bargain Stocks Ryan Hoover gives you all the details on his favorite Kenyan investment idea Concrete Forecasts Realistic assessments of each company's [...]Kenya Police launch manhunt for Uber taxi attackers
Police have launched investigations into attacks on online taxi operators – Uber, warning that those found to have participated in criminal acts will be prosecuted. “The National Police Service has [...]
