Closing Bell: Flame Tree Group Holdings Limited Top Gainer as Car & General (Kenya) Ltd Declines
Flame Tree Group Holdings Limited Top Gainer as Car & General (Kenya) Ltd Declines Flame Tree Group Holdings Limited (FTGH) was the top gainer of the day. It gained 8.4% to close at KES 7.10 which was a KES 0.55 gain in share price. Car & General (Kenya) Ltd (C&G)…
Fastjet stops Kilimanjaro flights a month after launch
Fastjet stops Kilimanjaro flights a month after launch Low-cost carrier Fastjet has stopped its Kilimanjaro-Nairobi flights, just a month after launch, handing Kenya Airways and its associate Precision Air competition relief on the Tanzania route. The UK budget airline launched daily flights between Dar es Salaam…
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…
KenGen woos investors to tap surplus power
KenGen woos investors to tap surplus power The Kenya Electricity Generating Company (KenGen) has disputed claims that its energy expansion plan will result in unutilised surplus. The electricity generator says it will invest in reserve energy from green sources, in anticipation of higher demand from the…
Closing Bell: Williamson Tea Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines
Williamson Tea Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines Williamson Tea Kenya Limited (WTK) was the top gainer of the day. It gained 8.82% to close at KES 185.00 which was a KES 15.00 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser…
KQ says it’s yet to receive pilots’ go-slow notice as 7-day quit ultimatum looms
KQ says it’s yet to receive pilots’ go-slow notice as 7-day quit ultimatum looms The pilots on January 20 gave KQ’s chief executive and directors a week to quit failure to which they would commence unspecified action. KQ’s chief executive officer Mbuvi Ngunze on Monday said…
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: Equity Group Holdings Limited Top Gainer as Sameer Africa Limited Declines
Equity Group Holdings Limited Top Gainer as Sameer Africa Limited Declines Equity Group Holdings Limited (EQTY) was the top gainer of the day. It gained 10% to close at KES 44.00 which was a KES 4.00 gain in share price. Sameer Africa Limited (FIRE) was the top loser of the…
Levy increase set to push up petroleum prices next month
Levy increase set to push up petroleum prices next month The cost of petroleum is expected to rise sharply beginning mid-August when the energy sector regulator, the ERC, is expected to add Sh6 roads maintenance levy on every litre of petrol sold at the pump. At…
Closing Bell: East African Portland Cement Top Gainer as Nation Media Group Declines
East African Portland Cement Top Gainer as Nation Media Group Declines East African Portland Cement (PORT) was the top gainer of the day. It gained 9.24% to close at KES 65.00, which was a KES 0.50 gain in share price. Nation Media Group (NMG) was the top loser of the…
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