Closing Bell: Express Kenya Limited Top Gainer as Home Afrika Ltd Declines
Express Kenya Limited Top Gainer as Home Afrika Ltd Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 10% to close at KES 4.95 which was a KES 0.45 gain in share price. Home Afrika Ltd (HAFR) was once again the top loser of the…
Closing Bell: Kapchorua Tea Company Ltd Top Gainer as Home Afrika Ltd Declines
Kapchorua Tea Company Ltd Top Gainer as Home Afrika Ltd Declines Kapchorua Tea Company Ltd (KAPC) was the top gainer of the day. It gained 10% to close at KES 220.00 which was a KES 20.00 gain in share price. Home Afrika Ltd (HAFR) was the top loser of the…
Closing Bell: East African Portland Cement Company Top Gainer as Eaagads Limited Declines
East African Portland Cement Company Top Gainer as Eaagads Limited Declines East African Portland Cement Company (PORT) was the top gainer of the day. It gained 9.89% to close at KES 50.00 which was a KES 4.50 gain in share price. Eaagads Limited (EGAD) was the top loser of the…
Equity runs ahead of rivals with takeover of DRC bank
Equity runs ahead of rivals with takeover of DRC bank Equity Group has announced plans to acquire a 79 per cent stake in a Democratic Republic of Congo bank, ProCredit Bank, for $60 million (Sh5.8 billion), marking the Kenyan lender’s entry into central Africa. The acquisition is partly being financed…
KRA to miss capital gains tax target by Sh6.8 billion
KRA to miss capital gains tax target by Sh6.8 billion The government is set to miss nearly all of the Sh7 billion it expected from charging capital gains tax (CGT) on stocks and property this financial year, official statistics show. The taxman is expected to collect a paltry Sh200 million…
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