NSE-listed firms to reveal reasons for exit of board members in new code
NSE-listed firms to reveal reasons for exit of board members in new code Companies listed on the Nairobi bourse will now have to disclose the reasons behind the exit of their board members and top managers such as chief executives and chief finance officers, as per…
Equity Bank reports drop in staff costs as 660 workers exit
Equity Bank reports drop in staff costs as 660 workers exit Equity Bank staff numbers declined by 660 last year in what the lender attributed to natural attrition, pointing to a gloomy job market in the financial sector. Equity Bank reported a four-per cent decline in…
Mumias seeks Sh2bn more in Treasury bailout
Mumias seeks Sh2bn more in Treasury bailout Mumias Sugar is seeking an additional Sh2 billion bailout from the government after falling deeper into the red in the six months to December 2015. The second bailout comes after having received a Sh1 billion rescue package last June…
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…
Closing Bell: Atlas Development and Support Services Ltd Top Gainer as Carbacid Investments Limited Declines
Atlas Development and Support Services Ltd Top Gainer as Carbacid Investments Limited Declines Atlas Development and Support Services Ltd (ADSS) was the top gainer of the day. It gained 10% to close at KES 1.65 which was a KES 0.15 gain in share price. Carbacid Investments Limited (CARB) was the…
Closing Bell: Car & General (Kenya) Ltd Top Gainer as Umeme Limited Declines
Car & General (Kenya) Ltd Top Gainer as Umeme Limited Declines Car & General (Kenya) Ltd (C&G) was the top gainer of the day. It gained 9.86% to close at KES 39.00 which was a KES 3.50 gain in share price. Umeme Limited (UMME) was the top loser of the…
Closing Bell: Standard Group Limited Top Gainer as Liberty Kenya Holdings Limited Declines
Standard Group Limited Top Gainer as Liberty Kenya Holdings Limited Declines Standard Group Limited (SGL) was the top gainer of the day. It gained 8% to close at KES 27.00 which was a KES 2.00 gain in share price. Liberty Kenya Holdings Limited (CFCI) was the top loser of the…
Closing Bell: Umeme Limited Top Gainer as Flame Tree Group Holdings Limited Declines
Umeme Limited Top Gainer as Flame Tree Group Holdings Limited Declines Umeme Limited (UMME) was the top gainer of the day. It gained 8.33% to close at KES 19.50 which was a KES 1.50 gain in share price. Flame Tree Group Holdings Limited (FTGH) was the top loser of the…
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 3.53% to close at KES 4.40 which was a KES 0.15 gain in share price. Umeme Limited (UMME) was the top loser of the day. It had a…
Closing Bell: TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Uchumi Supermarket Limited Declines
TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Uchumi Supermarket Limited Declines TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the top gainer of the day. It gained 9.57% to close at KES 25.75 which was a KES 2.25 gain in share price. Uchumi Supermarket Limited (UCHM) was the…
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