Equity scales up security for its online, phone banking
Equity scales up security for its online, phone banking Equity Bank has entered into an agreement with a South Africa-based authentication firm, Entersekt, to strengthen security of its online and mobile phone based services as it seeks to deepen its presence in digital banking. Equity Bank…
Centum to build 12MW plants for Two Rivers Mall
Centum to build 12MW plants for Two Rivers Mall Centum Investment is constructing solar and diesel power plants that will generate 12 megawatts (MW) of electricity to power its Two Rivers Development, a real estate project that is designed to host the largest shopping mall in…
Centum seeks more shares of Coca-Cola bottling firms
Centum seeks more shares of Coca-Cola bottling firms NSE-listed investment company Centum is set to buy more shares in Almasi Beverages, signalling its intention to possibly take full ownership of the holding company of three Coca-Cola bottlers that it owns. Centum has made a limited offer…
Treasury behind borrowing targets on high finance costs
Treasury behind borrowing targets on high finance costs As the current financial year started it emerged the government was experiencing unprecedented difficulties in raising cash, partly because the Sh2.2 trillion Budget was an increase of 25 per cent while domestic borrowing and tax revenues were short…
Closing Bell: Kakuzi Limited Top Gainer as Sameer Africa Limited Declines
Kakuzi Limited Top Gainer as Sameer Africa Limited Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 10% to close at KES 330.00, which was a KES 30.00 gain in share price. Sameer Africa Limited (FIRE) was the top loser of the day. It had a…
Closing Bell: WPP Scangroup Limited Top Gainer as Jubilee Holdings Limited Declines
WPP Scangroup Limited Top Gainer as Jubilee Holdings Limited Declines WPP Scangroup Limited (SCAN) was the top gainer of the day. It gained 9.78% to close at KES 25.25 which was a KES 2.25 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the day. It…
Seven bank stocks touch one-year low at NSE trading
Seven bank stocks touch one-year low at NSE trading Seven banking counters at the Nairobi Securities Exchange (NSE) on Wednesday touched a one-year low as the market responded to the sudden closure of Imperial Bank leading to the indicative NSE 20 share index dropping to levels…
Telcos regulator board meets on Monday over Airtel licence renewal
Telcos regulator board meets on Monday over Airtel licence renewal The board of the Communications Authority of Kenya (CA) is set to meet on Monday to discuss the renewal of Airtel Kenya’s licence, which expired seven months ago. The Monday meeting comes on the backdrop of a…
Closing Bell: Express Kenya Limited Top Gainer as Umeme Limited Declines
Express Kenya Limited Top Gainer as Umeme Limited Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 9.88% to close at KES 4.45 which was a KES 0.40 gain in share price. Umeme Limited (UMME) was the top loser of the day. It had a…
Closing Bell: Mumias Sugar Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Mumias Sugar Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Mumias Sugar Company Ltd (MSC) was the top gainer of the day. It gained 8.57% to close at KES 1.90 which was a KES 0.15 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
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