5 Things You Should Know This Morning – Oct 28
Kenyan shilling steady; KenGen drags shares lower again The Nairobi Securities Exchange’s main NSE-20 Share Index fell 23.27 points or 0.45% to 5,174.41 points. KenGen, which last week reported a 46% drop in after-tax earnings and slashed its dividend, closed 4.8% lower at KES 10.95 a share. On the foreign exchange market,…
Kenya Orchards Share Price Mystery
In the last year, Kenya Orchards (ORCH) share price has gone from Kshs 4.75 to Kshs 175, a 3,500% gain via small trading volumes of about 1,000 per day (The company has 12.8 million shares issued). 100 is the minimum number…
5 Things You Should Know This Morning – Oct 27
Gov’t To Allow Sugar Importation To End Shortage Speaking during a prayers’ day for standard eight KCPE candidates at Kapsabet highlands school in Nandi County, Agriculture Cabinet Secretary Felix Koskei said that the sugar shortage was caused by the closing down of Mumias Sugar Company and West Kenya sugar factories for maintenance.
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 …
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…
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 …
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…
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…
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…
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 (…
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