East African Cables Limited Top Gainer as Sasini Ltd Declines East African Cables Limited (CABL) was the top gainer of the day. It gained 9.39% to close at KES 9.90 which was a KES 0.85 gain in share price. Sasini Ltd (SASN) was the top loser of the day. It…

Barclays starts trading at NSE with its revived investment unit Barclays Bank has re-activated its investment banking business on growing demand for brokerage services especially from foreign investors. The Barclays Financial Services will offer a whole suit of services such as advisory on mergers and acquisitions,…

KQ sends finance boss home, retires fleet chief National carrier Kenya Airways on Tuesday sent home its long-serving finance director, Alex Mbugua, in what was seen as part of a broader initiative to turn around the fortunes of the loss-making company […]…

Flame Tree Group Holdings Limited Top Gainer as Longhorn Publishers Limited Declines Flame Tree Group Holdings Limited (FTGH) was the top gainer of the day. It gained 6.43% to close at KES 7.45 which was a KES 0.45 gain in share price. Longhorn Publishers Limited (LKL) was the top loser…

Home Afrika Ltd Top Gainer as Williamson Tea Kenya Limited Declines Home Afrika Ltd (HAFR) was the top gainer of the day. It gained 9.09% to close at KES 1.80 which was a KES 0.15 gain in share price. Williamson Tea Kenya Limited (WTK) was the top loser of the…

Olympia Capital Holdings Ltd Top Gainer as Williamson Tea Kenya Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 9.52% to close at KES 4.60 which was a KES 0.40 gain in share price. Williamson Tea Kenya Limited (WTK) was the top loser…

Safaricom M-Pesa transfers across borders hit Sh17bn The value of cross-border M-Pesa transactions has hit Sh17 billion four years since the service was introduced, indicating a high growth potential for mobile money transfers in facilitating international remittances and business transactions. Safaricom says the uptake of M-Pesa…

Some of the key highlights were:  The NSE 20 Share Index gained 3.8% to close at 4016 compared to 3868 in October while the NSE All Share Index gained 4.72% to close at 143 compared to 137 in October. Equity Turnover for the month of November dropped by 26.28% to KES 13.15…

Barclays’ parent company could sell Kenyan unit Barclays Bank Kenya could be sold by its London-based parent Barclays Plc, which is considering selling some or all of its subsidiaries in Africa. The proposed divestitures are being pushed by Barclays Plc’s new CEO Jes Staley, according to…

Uchumi Supermarket Limited Top Gainer as Liberty Kenya Holdings Limited Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 8.07% to close at KES 8.70 which was a KES 0.65 gain in share price. Liberty Kenya Holdings Limited (CFCI) was the top loser of the…