KRA sues Airtel for Sh531 million fifteen-year claim The Kenya Revenue Authority (KRA) is pursuing Airtel Kenya for Sh531 million taxes it claims the telco owes from its first two years of operation in Kenya. KRA says the amount arose from Airtel’s $55 million (Sh5.6 billion)…
Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 8.89% to close at KES 4.90 which was a KES 0.40 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Kenya Electricity Generating (Kengen) Company Ltd (KEGN) was the top gainer of the day. It gained 12.05% to close at KES 9.30 which was a KES 1.00 gain in share price. Atlas Development and…
KenGen ups dividend payout as profit jumps threefold to Sh11.5bn Kenya Electricity Generating Company (KenGen) has raised its dividend payout by 62.5 per cent after recording a threefold jump in net profit in the year ended June, powered by increased sales and a tax credit. KenGen’s…
Olympia Capital Holdings Ltd Top Gainer as Jubilee Holdings Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 3.33% to close at KES 4.65 which was a KES 0.15 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the…
Flame Tree Group Holdings Limited Top Gainer as Kapchorua Tea Company Ltd Declines Flame Tree Group Holdings Limited (FTGH) was the top gainer of the day. It gained 8.57% to close at KES 7.60 which was a KES 0.60 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the…
Russian firm sues KenGen in Sh14.4bn tender dispute Russian firm OJSC Power Machines has accused electricity generator KenGen of favouring a rival company competing for a Sh14.4 billion tender for the supply of geothermal power generation units to be used in the Ol Karia V…
Kakuzi Limited Top Gainer as Pan Africa Insurance Company Ltd Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 9.76% to close at KES 326.00 which was a KES 29.00 gain in share price. Pan Africa Insurance Company Ltd (PAFR) was the top loser of the…
Uchumi Supermarket Limited Top Gainer as Kakuzi Limited Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 9.88% to close at KES 9.45 which was a KES 0.85 gain in share price. Kakuzi Limited (KUKZ) was the top loser of the day. It had a…
Sameer Africa Limited Top Gainer as Kapchorua Tea Company Ltd Declines Sameer Africa Limited (FIRE) was the top gainer of the day. It gained 8.64% to close at KES 4.40 which was a KES 0.35 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…