Unga Group Plc Net Earnings for Six Months Ended December 31st Year 2021 falls 89.3% to KSh 8.5 Million
The Miller also recorded a decline in revenue to KSh 8.8 Billion last six months of 2021 compared to KSh 9.7 Billion over a similar period in 2020. Operating profit [...]
Mumias Sugar Outgrowers want Case over Leasing of Factory Referred to Chief Justice
Mumias Outgrowers Company (1998) Limited now want the case filed by five farmers challenging leasing of Mumias Sugar Company to be referred to the Chief Justice to empanel a bench [...]Eveready East Africa Plc Cuts 2021 Net Losses by 49% to KSh 34.7 Million
Eveready East Africa Plc posted a loss of KSh 34.7 Million for the year ended September 30th 2021, compared to a net loss of KSh 69 Million over a similar [...]Nissan Alliance to Invest $25.7 Billion in Electric Vehicles
The Nissan auto alliance (Nissan, Renault and Mitsubishi) has announced plans to invest $25.7 billion in electric vehicles over the next five years, marking the latest massive cash injection into [...]
Kenya's Earnings from Textile Exports Hit KSh33.7 Billion in 2021
Kenya's earnings from textile exports hit KSh33.7 billion in the nine months to September 2021, a 31.1% growth (KSh8 billion) compared to KSh25.7 billion a year earlier. The rise in [...]Eveready E.A Plc to Delay release of its end-year financials
Eveready E.A Plc has notified its shareholders that it will delay publication of its audited financial statements for the period ended 30th September 2021. Due to unavoidable circumstances, we were [...]Savannah Cement to float KSh 39.7 Bond on London Stock Exchange for Clinker Project
Savannah Cement plans to raise $350 million (KSh39.7 billion) via a bond on the London Stock Exchange (LSE) to build a clinker production plant. The firm has been relying on [...]CarGeneral 2021 Net Earnings rise 300% to hit KSh 887 Million
CarGeneral, a vehicle dealer listed at the Nairobi Securities Exchange(NSE) made a Net Profit of KSh 887 million which is over 300% higher than KSh 274 million made during the [...]Sarrai Group of India Secures Bid to run Mumias Sugar for 20 years
Sarrai Group, a Ugandan-based conglomerate with diverse and inter-related agro-manufacturing companies across East and Southern Africa, has secured a 20-year lease for assets of Mumias Sugar Company. It will consequently [...]Limuru Tea is Top Price Gainer at NSE
Limuru Tea was the day’s top price gainer at the Nairobi Securities Exchange(NSE), its share price rising by 9.84% to KSh 335.00 from the previous KSh 305.00. Limuru Tea begun [...]CFOs in Manufacturing Embrace technology to improve business processes SYSPRO Report
Traditionally, the role of the CFO has always been more comparable to someone focused on crunching the numbers with more focus on history – generating reports about the past through [...]Kenyan Manufacturers Unsure Of The ROI On Digital Investment SYSPRO Report
SYSPRO, a global enterprise resource planning software provider and the Institute of Certified Public Accountants of Kenya (ICPAK) have today released findings from a survey conducted among Chief Financial Officers [...]
