Closing Bell: Kenya Airways Limited Top Gainer as Eveready East Africa Limited Declines
Kenya Airways Limited Top Gainer as Eveready East Africa Limited Declines Kenya Airways Limited (KQ) was the top gainer of the day. It gained 10% to close at KES 6.05 which was a KES 0.55 gain in share price. Eveready East Africa Limited (EVRD) was the top loser of the…
Closing Bell: Housing Finance Top Gainer as BAT Kenya Declines
Housing Finance Top Gainer as BAT Kenya Declines Housing Finance Company Limited (HFCK) was the top gainer of the day. It gained 9.64% to close at KES 22.75, which was a KES 2.00 gain in share price. British American Tobacco (BAT) was the top loser of the day. It had…
KRA stopped from closing Keroche as excise tax licence renewal dispute rages
KRA stopped from closing Keroche as excise tax licence renewal dispute rages Keroche Breweries has obtained court orders temporarily stopping the Kenya Revenue Authority (KRA) from shutting down its business following its refusal to renew it excise tax licence for the current financial year.The taxman had…
KCB to set aside Sh1bn for Kenyan start-ups
KCB to set aside Sh1bn for Kenyan start-ups KCB has pledged Sh1 billion to fund start-ups following calls for financial institutions to match the government’s allocation to several entrepreneur seed funds. Chief executive Joshua Oigara made the announcement when he moderated an entrepreneurship panel discussion at…
Closing Bell: Eveready East Africa Top Gainer as Express Kenya Declines
Eveready East Africa Top Gainer as Express Kenya Declines Eveready East Africa Limited (EVRD) was the top gainer of the day. It gained 7.32% to close at KES 4.40, which was a KES 0.30 gain in share price. Express Kenya Limited (XPRS) was the top loser of the day. It…
Closing Bell: Kakuzi Limited Top Gainer as Pan African Insurance Declines
Kakuzi Limited Top Gainer as Pan African Insurance Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 10.00% to close at KES 363.00 which was a KES 33.00 gain in share price. Pan African Insurance Company (PAFR) was the top loser of the day. It had…
Home Afrika pays high premium after investors shun bond
Home Afrika pays high premium after investors shun bond Buyers of Home Afrika’s corporate bond have re-priced the interest rate on the securities to 17 per cent, significantly raising the real estate developer’s finance costs from the initial coupon rate of 13.5 per cent.At 17 per…
Closing Bell: Mumias Sugar Top Gainer as Kenya Airways Declines
Closing Bell: Mumias Sugar Top Gainer as Kenya Airways Declines Mumias Sugar Company (MSC) was the top gainer at the NSE. It gained 8.11% to close the day at KES 2.00 which was a KES 0.15 gain in share price. Kenya Airways (KQ) was…
Closing Bell: Williamson Tea and Limuru Tea Top Gainers
Closing Bell: Williamson Tea and Limuru Tea Top Gainers Williamson Tea Kenya (WTK) and Limuru Tea were the top gainers at the NSE. Both gained 10.00% to close at KES 396.00 and 1045.00 respectively which were KES 36.00 and 95.00 gains in share price. British-American Investments (BRIT) was the…
BAT Kenya’s share down on foreigner exits, stringent law
BAT Kenya’s share down on foreigner exits, stringent law BAT Kenya’s share has shed gains made in May as foreigners exited against a background of shilling volatility and a tougher regulatory regime which slapped a two per cent tax on local sales from last Friday.Foreign investors…
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