Closing Bell: Sasini Limited Top Gainer as British American Tobacco Kenya Limited Declines
Sasini Limited Top Gainer as British American Tobacco Kenya Limited Declines Sasini Ltd (SASN) was the top gainer of the day. It gained 9.64% to close at KES 22.75 which was a KES 2.00 gain in share price. British American Tobacco Kenya Limited (BAT) was the top loser of the day. It had…
Collymore says Safaricom will not risk CBK’s wrath over bitcoin transactions
Collymore says Safaricom will not risk CBK’s wrath over bitcoin transactions Safaricom CEO Bob Collymore has said the telecommunications giant will not agree to have bitcoin-related transactions on its M-Pesa system unless the virtual currency is authorised by the banking sector regulator. Safaricom CEO Bob Collymore…
Closing Bell: TransCentury Limited Top Gainer as Jubilee Holdings Limited Declines
TransCentury Limited Top Gainer as Jubilee Holdings Limited Declines TransCentury Limited (TCL) was the top gainer of the day. It gained 9.42% to close at KES 7.55, which was a KES 0.65 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the day. It had a loss of 8.20%…
500 to lose jobs in Telkom Kenya layoffs
500 to lose jobs in Telkom Kenya layoffs Five hundred employees of Telkom Kenya could lose their jobs in a restructuring plan announced by the company which is in acquisition talks with private equity fund Helios Investment Partners. Telkom Kenya has indicated that the layoffs are…
Closing Bell: B.O.C Kenya Ltd Top Gainer as KenGen Declines
B.O.C Kenya Ltd Top Gainer as KenGen Declines B.O.C Kenya Ltd (BOC) was the top gainer of the day. It gained 10% to close at KES 110.00 which was a KES 10.00 gain in share price. Kenya Electricity Generating Company Ltd (KEGN) was the top loser of the day.It had a…
NSE November Trading Highlights
Some of the key highlights were: The NSE 20 Share Index gained 3.8% to close at 4016 compared to 3868 in October while the NSE All Share Index gained 4.72% to close at 143 compared to 137 in October. Equity Turnover for the month of November dropped by 26.28% to KES 13.15…
Barclays’ parent company could sell Kenyan unit
Barclays’ parent company could sell Kenyan unit Barclays Bank Kenya could be sold by its London-based parent Barclays Plc, which is considering selling some or all of its subsidiaries in Africa. The proposed divestitures are being pushed by Barclays Plc’s new CEO Jes Staley, according to…
Closing Bell: Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines
Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines Eaagads Limited (EGAD) was the top gainer of the day. It gained 9.76% to close at KES 22.50 which was a KES 2.00 gain in share price. British-American Investments Company (Kenya) Ltd (BRIT) was the top loser of the…
Safaricom war with Bitcoin dealer sparks CBK warning
Safaricom war with Bitcoin dealer sparks CBK warning BitPesa is locked in an acrimonious court battle with Safaricom over the telecom operator’s decision to terminate M-Pesa payments to the platform’s gateway dubbed Lipisha Consortium. Through the BitPesa platform, users can convert bitcoin into Kenya shillings and…
Closing Bell: Nation Media Group Top Gainer as TransCentury Limited Declines
Nation Media Group Top Gainer as TransCentury Limited Declines Nation Media Group (NMG) was the top gainer of the day. It gained 8.33% to close at KES 195, which was a KES 15.00 gain in share price. TransCentury Limited (TCL) was the top loser of the day. It had a…
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