Oct 26, 2014
nse kenya stock prices Oct 24 by Abacus The Closing Bell: KenGen’s 46% Profit Decline Makes It NSE Top Loser

At 3.10 pm today when the Nairobi Securities Exchange (NSE) closed Kenya Electricity Generating Company -Kengen- (KEGN) had fallen 17.37% from yesterday’s KES  12.95 to KES 10.70. KenGen released its end of year results posting a 45.79% decrease in earnings per share (EPS). The EPS or net profit reduced from KES 2.38 (30th, June 2013) to KES 1.29 (30th, June 2014). Such a drop inRead more

business news kenya October 24 by Abacus 5 Things You Should Know This Morning – Oct 24

Low cost Kenya made car goes on sale at KES 950,000 A Kenyan-made vehicle that is designated as Africa’s cheapest car has hit the showrooms, bringing to reality the dream of an entrepreneur who designed it four years ago. The car, which trades under the brand name Mobius, entered the showrooms this month at a priceRead more

nse kenya stock prices Oct 24 by Abacus The Closing Bell: Kenya Power’s 88% Profit Rise Makes It NSE Top Gainer

At 3.10 pm today when the Nairobi Securities Exchange (NSE) closed The Kenya Power & Lighting Company Limited (KPLC) had risen 13.33%. The power distributor released its end of year results today posting an 88% increase in earnings per share (net profit). Such an improvement in financial performance is always appreciated by investors, who in turn value the companyRead more

Image courtesy of unitedcallcenter.com Growing A Company: 5 Lessons Learnt In Hiring

A guest post by @Wanjiku I have been thinking about my mistakes and lessons in the process of growing a tech company. Staffing is probably the biggest challenge a growing company faces, along with capital. Investing in an area like tech infrastructure is challenging. You get the most skilled and the mediocre claiming ability toRead more

NSE Kenya October 23 88% profit increment makes KPLC top gainer - Abacus Oct 23 NSE At Noon: Kenya Power Top Gainer After Announcing 88% Profit Rise

Kenya Power & Lighting Company Limited (KPLC) was as at noon today the top gainer at the Nairobi Securities Exchange (NSE). The power distributor released its end of year results today posting an 88% increase in earnings per share (net profit). Its share price performance since the beginning of the year is given below. The winners KenyaRead more

business news kenya October 24 by Abacus 5 Things You Should Know This Morning – Oct 23

Airtel, KRA partnership enables subscribers to pay taxes via mobiles The partnership also allows Airtel subscribers to inquire for KRA services, generate a KRA payment reference number (PRN or an e-slip/invoice number) and make quick simple payments through Airtel Money by simply dialling the short code *572#. Airtel is charging its subscribers between KES 10 to KES 270Read more

nse kenya stock prices Oct 24 by Abacus Oct 22 NSE Closing Bell: Olympia Capital Among Top Gainers Again

Today at the Nairobi Securities Exchange (NSE) The winners Kenya Orchards Limited (ORCH), Longhorn Kenya Limited (LKL), Olympia Capital Holdings(OCH) , Express Kenya Limited (XPRS), and TPS Eastern Africa Limited -Serena- (TPSE) are the companies whose stock price appreciated the most. The first four had been among the top gainers earlier today morning. The continuous price gainby Olympia capitalRead more

Getting Gear for Gearbox Gearing Up The Gearbox: A Company With The Tools To Build Refined Prototypes For Your Conceptual Ideas

Erik Hersman one of the founders of  iHub, a a TED Senior Fellow as well as a PopTech Faculty Fellow, writes: Perhaps one of the longest projects to come to fruition for me has been Gearbox. Over three years ago, a couple of us started talking about the need for a makerspace in Nairobi, which turned upRead more

NSE Kenya October 22 morning by Abacus Oct 22 Morning Bell: Olympia Leads Gainers Whilst Total Drops At The NSE

An update on the Nairobi Securities Exchange (NSE) as at 11.45 am today. The winners Olympia Capital Holdings (OCH), Kenya Orchards Limited (ORCH),  Car And General Kenya Limited (C&G), Longhorn Kenya Limited (LKL), and Express Kenya Limited (XPRS) are the companies whose share price had appreciated the most. Only 400 orchards shares had changed hands in the morning. 100 is theRead more

business news kenya October 24 by Abacus 5 Things You Should Know This Morning – Oct 22

Treasury to pay tax refunds in January Treasury secretary Henry Rotich said plans are under way to pay KES 10 billion of the estimated KES 30 billion backlog in January and to finish the rest within the first quarter of the year. The settlements will be made by issuing the claimants with tradable bonds instead of cash, aRead more