CfC Stanbic Top Gainer as Housing Finance Kenya Declines CfC Stanbic Holdings (CFC) was the top gainer of the day. It gained 8.41% to close at KES 116.00, which was a KES 9.00 gain in share price. Housing Finance Kenya (HFCK) was the top loser of the day. It had…

Kapchorua Tea Top Gainer as Crown Paints Declines Kapchorua Tea Company (KAPC) was the top gainer of the day. It gained 9.38% to close at KES 175.00, which was a KES 15.00 gain in share price. Crown Paints Kenya (BERG) was the top loser of the day. It had a…

Kapchorua Tea Top Gainers as Crown Paints Declines Kapchorua Tea Company (KAPC) was the top gainer of the day. It gained 9.66% to close the day at KES 159.00 which was a KES 14.00 gain in share price. Crown Paints (BERG) was the top loser of the day. It had…

Mumias Sugar hires 8 managers to drive turnaround Mumias SugarCompany has hired eight managers to replace those sacked last year in a corruption purge. Mumias Sugar Company is mulling extending the term of its CEO Coutts Otolo even as it hired eight managers to replace those…

Closing Bell: NIC Bank Top Gainer as BOC Gases Declines NIC Bank was the top gainer at the NSE. It gained 5.88% to close the day at KES 54.00 which was a KES 3.00 gain in share price. BOC gases was the top loser with a loss of 5.51% to…

Tobacco firms seek Senate help to suspend strict rules British American Tobacco (BAT) and Mastermind Tobacco have picked 10 clauses they want declared unconstitutional before the rules come into effect in two weeks. Appearing on Thursday before the Senate Committee on Delegated Legislation, the two firms…

Kenya Power outshines energy stocks at NSE The Kenya Power stock is up 18.7 per cent to Sh17.15 year-to-date—carrying on a trend established in 2014—even as power generating firm KenGen has shed three per cent to Sh10. The stock has been among the leading beneficiaries of foreign investor inflows since…

CfC Stanbic triples dividend payout after 10.9pc net profit increase CfC Stanbic Holdings has nearly tripled its dividend payout following a 10.9 per cent increase in net profit for the full-year ended 2014 driven by sharp growth in interest income. The holding company, which owns CfC Stanbic Bank and its…

Firm to complete Sh1.6m homes for low-end buyers in March Karibu Homes which is targeting the low income market segment is offering 281 units in the first phase of a 1,082-unit project in Athi River off Mombasa Road for sale. One-bedroom units go for Sh1.6 million each, two-bedroom house will…

Senator Otieno Kajwang’ passes on Homabay Senator Otieno Kajwang’ died Tuesday night after suffering a cardiac arrest. Orange Democratic Movement (ODM) spokesperson Philip Etale confirmed the death shortly after midnight. […] RVR sues insurance company, seeks KES 68 million compensation Rift Valley Railways (RVR) has sued Cannon…