See how Equity Bank earnings with its peer banks. Post by Davis Mika at Contrarian Investing Kenya

Kenya Commercial Bank’s profit after tax rose by 53 per cent in 2011, rising from 9.8 Billion in 2010 to KES 15.1 Billion in 2011. The bulk of the earnings, KES 14B, was contributed by KCB bank wile its subsidiaries in Tanzania, Uganda, Rwanda and South Sudan contributed…

  December 2011 Millions Ksh December 2010 Millions Ksh Net Interest Income 23,286 19,645 Non Interest Revenue (NIR) 16,022 11,016 Total Operating Income (TOI) 39,309 30,661 Total Operating Expenses 24,179 ...

The fifty second Annual General Meeting of the shareholders of NIC Bank Limited will be held at the Kenyatta International Conference Centre (KICC) – Tsavo Ball Room, Nairobi, on Wednesday 2nd May, 2012 at 11.00a.m. The directors of the company will be seeking apporoval on the following items:…

The new shares of British-American Investments Company (Kenya) Limited has been opened for purchase by the public following the approval by the Capital Markets Authority (CMA) of a request by the company to raise Ksh5.85 Billion from the capital market through an Initial Public Offering (IPO) of its shares. The…

British American Investment Company, a leading diversified financial services group in the country offering a wide range of insurance and asset management services, last week held a cocktail for online financial writers and bloggers in a groundbreaking move to engage the country’s online community. The company is seeking to raise…

Part of being an investor is latching onto trends and investing early on. As a new investor what do you need to know about investing in the cement industry? The construction sector in East Africa is booming as governments splash huge sums of their budgets on infrastructure development. This coupled…

When Uchumi Supermarket was put under receivership and suspended from the bourse six years ago, nobody thought that we would one day see Uchumi’s return to the Nairobi Stock Exchange (NSE). One can hardly count the number of firms that have gone under in Kenya and returned from jaws of…

Safaricom  Ltd (SCOM) Recently Bob Collymore, Safaricom’s Chief Executive Officer  announced a dividend of KES 0.20/share after the he announced SCOM’s KES 18.4 billion in profit before tax for the  2010/2011 financial year.

When Airtel played the Bendover song in front of Safaricom House around September last year (if my memory services me right) Safaricom’s share price was well above the IPO price, as i write the share price seats well below its IPO price taking a beating from the intense price wars…