Gainers                  Price     Change East African Portland Cement Company Limited 60.00 7.14% Eveready East Africa 1.60 6.67% TPS (Serena) LImited 48.75 5.98% Rea Vipingo Plantations Limited 15.90 5.65% Standard Group Limited 22.75 3.41% Losers                             Price       Change Uchumi Supermarket Limited 13.90 5.12% British American Investments Company…

According to the Capital Markets Authority (CMA), the Capital Market Fraud investigation Unit (CMFIU) reported having handled 460 cases of economic and cyber crimes compared to 390 cases the previous year. This is a 20% rise in fraud cases even as the anti-fraud unit continued to make recoveries of…

According to The Business Daily, Treasury has concluded negotiations for a $600 million dollar, Kshs. 50 billion loan from a group of international banks. The paper reported that Mr. Joseph Kinyua the Finance PS said that Citibank and Standard Bank are among the financiers. The funds will…

As at the close of business yesterday the NSE 20-share index had climbed, for the second day in a row, by 0.8% to close at 3,454.34 points, the highest since March 9th this year. The Co-operative Bank of Kenya share rose during the day by as much as 2%…

Gainers Price (Ksh) Change (%) Uchumi Supermarket Limited 14.65 7.33% British American Tobacco Kenya Limited 299.00 3.10% NIC Bank Limited 26.50 2.91% Scangroup Limited 53.50 2.88% Kenya Airways Limited 14.35 2.87% Losers Price Change Eveready East Africa Limited 1.50 9.09% Rea Vipingo Planations Limited 15.05 4.14% Standard Group Limited 22.00…

The results of yesterday’s Central Bank of Kenya treasury bills’ auction are in and the verdict is clear. Kenyans love their treasury bills. Specifically the long term ones. The CBK received 157 bids for the 91-day treasury bills amounting to Kshs. 1.6 billion which represents about 39.99% subscription.

The Capital Markets Authority (CMA) has reinstated for trading the shares of East African Portland Cement (EAPC) after a two-month suspension, saying the doubts the authority had about the firm’s ability to continue operating had been satisfied by the firm’s continuous operations over the period of suspension. The shares had…

Crown Berger Kenya has entered into a distribution partnership with a South African company Free World Automotive Coatings to distribute the South African firm’s automotive paint products and enable it to penetrate the domestic market. Crown Berger is a Kenyan paint manufacturing company established in 1958 with an…

According to a report released on Wednesday by The Mortgage Company, I&M Bank is the cheapest mortgage provider in the country. I&M is retailing mortgages at 19%. Bank of Africa on the other hand was ranked most expensive as it retails mortgages at 28%. Last year the rate on mortgages…

NIC Bank has released a notice of the Annual General Meeting (AGM) in the local dailies. This will be the 52nd AGM of the shareholders of NIC Bank and will be held at the Kenyatta International Conference Centre in Nairobi on Wednesday 2nd May 2012. The bank’s profit after tax…