Athi River Mining says new clinker plant to boost profit margins Athi River Mining (ARM) Cement expects profitability to improve now that it produces its own clinker for its East African cement plants, the firm’s managing director has said. ARM Cement, East Africa’s second biggest producer…

KRA eyes taxpayers’ bank accounts The Kenya Revenue Authority is set to link its automated taxpayers’ database to bank accounts of ordinary citizens in a move expected to smoke out thousands of tax evaders. The Sh765 million database known as Data Warehouse and Business Intelligence offers a single view…

CIC Insurance Limited Top Gainer as Kapchorua Tea Company Ltd Declines CIC Insurance Limited (CIC) was the top gainer of the day. It gained 8.82% to close at KES 7.40 which was a KES 0.60 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…

Closing Bell:Unga Group Limited Top Gainer as Standard Group Declines. Unga Group Limited (UNGA) was the top gainer at the NSE. It gained 8.57% to close the day at KES 47.50 which was a KES 3.75 gain in share price. Standard Group Limited (SGL) was the top loser with a…

Closing Bell: CFC Stanbic Top Gainer as Pan African Insurance Declines CFC Stanbic (CFC) was the top gainer at the NSE today. It gained 5.88% to close the day at KES 108 which was a KES 6.00 gain in share price. Pan African Insurance (PAFR) was the top loser as…