The CMC Soap Opera: Season Finale
The CMC Soap Opera comes to a close with this dramatic season finale. Contracts were lost, chapters were closed and trading, is still suspended.
Why Watch Real Estate When You Can Watch Cement makers?
Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…
Safaricom Top Traded Counter…Again
TOP TRADED COUNTERS Safaricom took the top spot in what seems to be a permanent trend. The counter saw 18.37 million shares changing ownership at KES 5. Market capitalization maintained at KES 200 billion and stands to gain if the stock price shoots past this price. In…
Power Up or Lose Out on Dividends
Our monitor of the listed media houses revealed one thing, that stock price matters. Nation Media Group closed at KES 228, up by one shilling while Standard Group closed at KES 22.75, up 25 cents. Relevance of the change in price can be spotted when…
Nation Vs The Standard, The Shareholder Standoff
Yesterday the hospitality sector did not live up to its name for shareholders. Stock prices decreased as did most of the indices. Shedding off 25 cents may seem little to a small shareholder, but to an investor with over 1 million shares – yes, they exist – it…
Financing For Start-ups: Approaching Private Investors
So you have an idea, and you're looking for financing? Maybe you should look at this first.
Hospitality Counters Off To A Bad Start
COUNTER WATCH Uchumi Supermarket – Having closed the day at KES 19.25, the counter’s price took a slight dip in share price by 25 cents. Bearing in mind that the supermarket is looking to raise KES 1.5 billion in a share offer next year, a downward spiral…
Hospitality And Food: Worth A Watch Today?
Last Friday we looked at the changes in stock price that arise from change in CEO. The best examples for that were KenGen and KCB. Both, on the same day, announced the hunt for new CEOs since the current ones were resigning. KenGen shares went up 5 cents,…
Change In CEO, Change In Price
Yesterday we looked at the entertainment industry, specifically East African Breweries Limited (EABL) and British American Tobacco (BAT). Share price for both went up by KES 2. EABL closed the day at KES 244 while that of BAT at KES 457. Here are the shares we will be closely watching…
Britam is building the tallest Sky-scraper in Kenya, third in Africa
Britam, the company that just had one of the largest re-branding campaigns we've ever seen, is doing something even bigger. The Group has started building what will be the tallest building in Kenya and the third tallest in Africa at a cost of 5 billion shillings to be ready by end of 2015. So long, Times Tower.
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