Barclays Kenya's FY 2015 pretax profit falls
Reuters Barclays Bank of Kenya's pretax profit fell 2 percent last year to 12.07 billion shillings ($119.1 million) due to increased bad debt provisions, higher costs and interest rate volatility, [...]
NIC Bank profit after tax up by 9% to KES 4.5Billion
Kenya's NIC Bank has posted a 9.0% increase in Full Year 2015 profit after tax to KES 4.5 Billion from KES 4.1 Billion Posted the previous year. The bank announced a final dividend [...]CFC Stanbic FY 2015 Profits After Tax Decline by 13.7%
CFC Stanbic Holdings,a listed integrated financial services group released their Full Year 2015 results, recording a 13.7% decrease in profit after tax to Ksh 4.9Billion. Key highlights: Its Full Year [...]Uchumi Widens Pretax Loss by 278.8% To Ksh 1 Billion as Sales Fall
Uchumi Supermarkets posted a pre-tax loss of Kshs 1 Billion in the half-year ended December, 2015, widening its loss of Sh262.3 Million reported in 2014 by around 279%. Net sales declined by 37.5% to [...]NSE 20 Share Nears 4000 Mark as Uchumi touches an all time Low
Daily Market Report-2nd March 2016 NSE 20 Share Index gained 1.26% to close at 3932.86 points boosted by a gain in Scangroup and ARM whose counters rallied 5.66% and 5.34% [...]CMA approves the first Kenyan D-REIT Scheme, promoted by Fusion Capital
As part of efforts to deepen the capital markets, the Capital Markets Authority (CMA) has granted approval for the issue and listing of two Development Real Estate Investment Trust Schemes [...]Technology helps boost KCB's FY-2015 pretax profit by 12% to Ksh 26.5 Billion
Kenya Commercial Bank (KCB Group), the country's biggest bank by assets, on Wednesday released its Full Year 2015 Results posting a 16% rise in Profit after Tax of Ksh 19.6 Billion [...]Market Report; NSE 20 Share Index Up,Barclays Kenya Falls
Daily Market Report 1st March 2016 The market began the new month on a positive with the benchmark NSE 20 Share Index gaining by 0.56% led by Carbacid and Sasini which [...]Kenya's inflation Rate falls to a 4-Month low
Kenya's year-on-year inflation rate slowed to 6.84 percent in February, the statistics office said on Monday, prompting at least one analyst to say the central bank could start easing rates [...]ICEA Lion Asset Management appoints New CEO
ICEA Lion Asset Management has appointed Einstein Kihanda to the position of chief executive officer. Until the appointment, Mr Kihanda held the position of chief investment officer with the same [...]February 2016 Market Report-NSE Investors Wealth Up By KES 45 Billion
Kenya Equity Market Dear Investor, It is that time of the month when we do a post-mortem of the markets. The markets are full of surprises as always!! We begin [...]E.A. Portland Cement Half Year Loss
Results East African Portland Cement issued its Half Year results for the period ending December 2015. Revenues were up by 11.9% to stand at KES 4.620Bn compared to a similar [...]
