Closing Bell: Carbacid Investments Limited Top Gainer as B.O.C Kenya Ltd Declines
Carbacid Investments Limited Top Gainer as B.O.C Kenya Ltd Declines Carbacid Investments Limited (CARB) was the top gainer of the day. It gained 9.16% to close at KES 14.90 which was a KES 1.25 gain in share price. B.O.C Kenya Ltd (BOC) was the top loser of the day. It…
Ponzi scheme fells top Britam owner’s Mauritius bank
Ponzi scheme fells top Britam owner’s Mauritius bank A Mauritian bank, Bramer Banking Corporation (BBCL), associated with Britam’s director and top shareholder Dawood Rawat has lost its licence after it was found to have been running a Ponzi scheme. Mr Rawat is the single largest investor in Britam, which is…
Centum signs deal with UK brothers for Rea Vipingo
Centum signs deal with UK brothers for Rea Vipingo Investment firm Centum has reached a multi-billion shilling deal with two British brothers that will see it withdraw its hostile takeover bid for Rea Vipingo, an NSE-listed agricultural firm majority owned by the UK citizens. The deal will see Centum acquire 10,546…
KCB issues caution over proposed restructuring
KCB issues caution over proposed restructuring Kenya Commercial Bank Ltd (KCB) directors have urged shareholders and customers to exercise caution when dealing with the bank’s shares. This follows a resolution last week by the bank’s top management to undertake a restructuring which will lead to the establishment of a non-operating…
Oct 17 Closing Bell: Profit Taking Places Britam Among Top Decliners At The NSE
British American Investments Limited – Britam – (BRIT) ended today among the top losers at the Nairobi Securities Exchange (NSE). Its closing price was KES 28.00, a drop of 2.61% compared to Thursday’s price of…
High Quality Housing from Centum Investments
Centum Investments has embarked on a project to provide Kenyans with luxury housing units. The initiative promises to deliver hundreds of living spaces and world class facilities.
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