Closing Bell: I&M Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
I&M Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines I&M Holdings Ltd (I&M) was the top gainer of the day. It gained 4.55% to close at KES 115.00 which was a KES 5.00 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the…
BOC Kenya chief Maria Msiska to leave after five years at helm
BOC Kenya chief Maria Msiska to leave after five years at helm Industrial gas producer BOC Kenya’s managing director Maria Msiska is set to leave after a five-and-a-half-year stint at the company. The Nairobi Securities Exchange-listed firm advertised her position Wednesday, signalling its intention to…
Closing Bell: Uchumi Supermarket Limited Top Gainer as Atlas Development and Support Services Ltd Declines
Uchumi Supermarket Limited Top Gainer as Atlas Development and Support Services Ltd Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 8.84% to close at KES 8.00 which was a KES 0.65 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the…
Mumias Sugar in more trouble with losses past Sh3bn
Mumias Sugar in more trouble with losses past Sh3bn Troubled sugar maker Mumias has sunk deeper into losses, triggering yet another profit warning. The management expects it to record losses of at least Sh3.4 billion this year, more than 25 per cent higher than the…
Closing Bell: Marshalls (E.A) Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Marshalls (E.A) Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Marshalls (E.A) Ltd (MASH) was the top gainer of the day. It gained 9.72% to close at KES 11.85 which was a KES 1.05 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the…
Keroche among big firms missing from KRA list
Keroche among big firms missing from KRA list Keroche Breweries and Mastermind Tobacco are among big companies that are yet to secure an excise tax license, and could have their products pulled from the market. The two are among those missing from an updated list…
Closing Bell: Longhorn Publishers Limited Top Gainer as Express Kenya Limited Declines
Longhorn Publishers Limited Top Gainer as Express Kenya Limited Declines Longhorn Publishers Limited (LKL) was the top gainer of the day. It gained 7.69% to close at KES 7.00 which was a KES 0.50 gain in share price. Express Kenya Limited (XPRS) was the top loser of the day. It…
South Africa, Nigeria, Kenya bourses in funds cross-list talks
South Africa, Nigeria, Kenya bourses in funds cross-list talks The South Africa, Kenya and Nigeria stock exchanges together with market participants have opened discussions with a view to cross-list exchange traded funds (ETF) across the countries. The move is expected to boost liquidity of the…
Road levy, weak shilling bring pain to Nairobi motorists
Road levy, weak shilling bring pain to Nairobi motorists City motorists will pay Sh4.06 more for a litre of petrol after the energy regulator included a raised roads levy in its review alongside changes to reflect the effects of a weaker shilling to the US dollar.
Closing Bell: National Bank Of Kenya Ltd Top Gainer as B.O.C Kenya Ltd Declines
National Bank Of Kenya Ltd Top Gainer as B.O.C Kenya Ltd Declines National Bank Of Kenya Ltd (NBK) was the top gainer of the day. It gained 9.38% to close at KES 21.00 which was a KES 1.80 gain in share price. B.O.C Kenya Ltd (BOC) was the top loser…
CAK warns Safaricom on M-Pesa fees
CAK warns Safaricom on M-Pesa fees The Competition Authority of Kenya (CAK) has ordered telecoms operator Safaricom to make public its Lipa na M-Pesa charges for businesses that levy a commission on the value of payments made through the system. Francis Wang’ombe, the CAK director-general,…
Closing Bell: Sasini Ltd Top Gainer as Crown Paints Kenya Limited Declines
Sasini Ltd Top Gainer as Crown Paints Kenya Limited Declines Sasini Ltd (SASN) was the top gainer of the day. It gained 24.33% to close at KES 18.65 which was a KES 3.65 gain in share price. Crown Paints Kenya Limited (BERG) was the top loser of the day. It…
Kenya Power in 70MW energy deal with Obama initiative-funded firm
Kenya Power in 70MW energy deal with Obama initiative-funded firm Kenya Power has signed a 70-megawatt power purchase agreement (PPA) with a company that is partly funded by US President Barack Obama’s Power Africa initiative, boosting the country’s goal of adding 5,000MW to the installed capacity…
Closing Bell: Express Kenya Limited Top Gainer as Marshalls (E.A) Ltd Declines
Express Kenya Limited Top Gainer as Marshalls (E.A) Ltd Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 9.78% to close at KES 5.05 which was a KES 0.45 gain in share price. Marshalls (E.A) Ltd (MASH) was the top loser of the day. It…
M-Shwari clients to get mobile medical consultation services
M-Shwari clients to get mobile medical consultation services The Commercial Bank of Africa (CBA) has partnered with an international mobile-health provider to offer its more than 11 million M-Shwari customers medical consultation services on their phones. Under the partnership the m-Health service provider Hello Doctor, a subsidiary of Metropolitan…
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