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EABL records 9pc sales growth on uptake of spirits

EABL records 9pc sales growth on uptake of spirits Beer maker EABL recorded a nine per cent growth in net sales for the full year to June, a statement released by the UK parent company Diageo showed Thursday.East African Breweries Limited’s full-year earnings were primarily…
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Closing Bell: Nation Media Group Top Gainer as Crown Paints Continues to Decline

Nation Media Group Top Gainer as Crown Paints Continues to Decline Nation Media Group (NMG) was the top gainer of the day. It gained 8.47% to close at KES 205.00 which was a KES 16.00 gain in share price. Crown Paints Kenya (BERG) was once again the top loser of…
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Closing Bell: Limuru Tea Top Gainer as Car and General Declines

Closing Bell: Limuru Tea Top Gainer as Car and General Declines Limuru Tea (LIMT) was the top gainer of the day. It gained 9.96% to close at KES 1248.00 which was a KES 113.00 gain in share price. Limuru Tea share price to halve after the split which divides its…
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Closing Bell: NIC Bank Top Gainer as BOC Gases Declines

Closing Bell: NIC Bank Top Gainer as BOC Gases Declines NIC Bank was the top gainer at the NSE. It gained 5.88% to close the day at KES 54.00 which was a KES 3.00 gain in share price. BOC gases was the top loser with a loss of 5.51% to…
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NSE sets stage for counties to raise health funds from Reits

NSE sets stage for counties to raise health funds from Reits The Nairobi Securities Exchange (NSE) has announced it will launch Real Estate Investment Trust (Reit) for the health and water sectors in the counties. The NSE said it is ready to launch share units for both income and development…
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Why Watch Real Estate When You Can Watch Cement makers?

Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…
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