More decoder providers in the market have taken the battle for digital TV subscribers to a whole new level. Giant retails have been forced to move to the grass root level in search of subscribers. GOtv retailers have currently set camp in different neighbourhoods, seeking subscribers…
Below is the value of the PesaPortfolio at the close of trading on Wednesday 1st August 2012: The PesaPortfolio at the end of NSE trading on 1st August 2012 Since we last updated the PesaPortfolio at the close of trading on Thursday last week,…
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: British-American Investments – The holding company of British-American Insurance (Kenya), British-American Asset Managers and Britam Insurance Company (Uganda) is today announcing its half-year results for the six months…
INDICES At today’s trading, the NSE 20 Share Index dropped 1.36 percent to close at 3,825.65 points from 3,878.49 points yesterday while the All Share Index also fell, losing 1.95 percent to 84.66 points from 83.01 points. HIGHEST VOLUMES…
If the recently released Consumer Price Index (CPI) by Kenya National Bureau of Statistics (KNBS) is anything to go by, July was an economically friendly month as compared to June 2012. The CPI decreased by 0.85 per cent from 133.06 in June to 131.92 in…
The overall inflation dropped to a 17 months low to stand at 7.74 per cent in July from 10.05 per cent in June 2012, reflecting a 2.31 percentage point drop. The last time inflation stood below the 10 per cent level was in February 2011 when inflation was…
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Barclays Bank – The bank is expected to be announcing its half-year result for this year sometime this month. Last year, Barclays was ranked Kenya’s fourth biggest bank by…
Companies use rights issues to raise more capital for reasons such as strategic expansions, to pay off debts or to buy out other companies. To raise the additional capital, a company invites existing shareholders to buy a specific number of new company shares at a discount.
In today’s trading, the NSE 20 Share Index closed at 3,678.21 points while the All Share Index closed at 84.93 points. In total, 8.72 million shares were traded today in 1,457 deals. Total share equity traded today was worth KES 117,038,050. Source: FILE HIGHEST VOLUMES…
Below is the Mortgages and Real Estate chat log from the ongoing “My 15 Min Chat with a Bank CEO”. The chat session was hosted by Frank Ireri, Managing Director, Housing Finance and Habil Okala, Kenya Bankers Association Chief Executive Officer. “My 15 Min Chat with…