Safaricom New Smartphone Offers
With 55 days to Communications Commission of Kenya (CCK) deadline to switch off all counterfeit phones, Safaricom has unveiled its smart phone offer. Alcatel OT-918 Retails at KES 8,499, inclusive of 1.5GB data + KES 1,000 worth of airtime Features:…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Sasini – On Friday, the grower of tea and coffee announced a profit warning for the 2012 financial year ended September. Read more on this here. The share…
Sasini Warns of Quarter Drop in 2012 Earnings
Sasini Ltd has issued a profit warning projecting that earnings for the financial year ended 31st September 2012 will be at least 25 percent lower than what the company made last year. “The Board of Directors of Sasini Limited Wishes to inform the shareholders of the…
Closing Bell – 3 August 2012
For a fifth day today the NSE 20 Share Index declined to lose 3.6 percent and close at 3,687.72 points from 3,825.08 points yesterday while the All Share Index gained 3 percent to close at 85.40 points from 82.98 points yesterday. Source: FILE HIGHEST…
Bamburi Half Year Profit Falls 13% Despite Growth in Turnover
Bamburi Cement has posted a 13 percent decline in pre-tax profit to 3.7 billion shillings for the six months ended June this year down from 4.2 billion shillings last year despite a 17 percent growth in revenue. The largest manufacturer of cement in East Africa…
Forex Trail – 3 August 2012
Below is a summary of the Kenya Shilling’s performance against major foreign currencies this week: Performance of the Kenya Shilling against major foreign currencies this week Data from the Central Bank of Kenya shows that the shilling has remained stable against foreign currencies…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Total Kenya – The petroleum marketer’s share has been one of the biggest gainers at the NSE for the past two days, gaining 8.75 percent since Wednesday to trade…
British-American Post Billion Shilling Profit
British-American Investments made a pre-tax profit of 1.8 billion shillings in the six months to June this year up from a loss of 109.6 million shillings in the same period last year. This ends the company’s loss making trend experienced in the latter part of last year.
Closing Bell – 2 August 2012
INDICES For a fifth day today the NSE 20 Share Index declined to lose 0.01 percent and close at 3,825.08 points from 3,825.65 points yesterday while the All Share Index also fell to close 0.04 percent lower at 82.98 points from 83.01 points yesterday.
Orange 42 Mbps, What You Need To Know
Orange Mobile yesterday launched its 42 Mbps network in Nairobi as part of its aggressive campaign to capture the data market share. Speaking during the launch, Telekom Kenya CEO Mickael Ghossein said the company has invested more than KES 4.13 billion in the roll out of its 3G…
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