Unga Group Limited Top Gainer as Kakuzi Limited Declines Unga Group Limited (UNGA) was the top gainer of the day. It gained 9.09% to close at KES 45.00 which was a KES 3.75 gain in share price. Kakuzi Limited (KUKZ) was the top loser of the day. It had a…

KQ needs Sh100bn bailout, says Standard Investment Bank analysts National carrier Kenya Airways requires up to Sh100 billion new funding to stay afloat, Standard Investment Bank analysts have estimated. The amount is required in the form of fresh capital injection to reduce the carrier’s debt burden. KQ may also need…

CIC Insurance Group Limited Top Gainer as Unga Group Limited Declines CIC Insurance Group Limited (CIC) was the top gainer of the day. It gained 6.43% to close at KES 7.45 which was a KES 0.45 gain in share price. Unga Group Limited (UNGA) was the top loser of the…

CIC Insurance Limited Top Gainer as Kapchorua Tea Company Ltd Declines CIC Insurance Limited (CIC) was the top gainer of the day. It gained 8.82% to close at KES 7.40 which was a KES 0.60 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…

Kapchorua Tea Company Ltd Top Gainer as Kenya Airways Limited Declines Kapchorua Tea Company Ltd (KAPC) was the top gainer of the day. It gained 10% to close at KES 242.00 which was a KES 22.00 gain in share price. Kenya Airways Limited (KQ) was the top loser of the…

Uchumi to close loss-making outlets, sell assets in recovery plan Uchumi Supermarkets has announced radical changes to its operations, which include closing down several outlets and selling a Sh2 billion plot in Kasarani in its newest plan to steer clear of financial troubles. This development comes…

NSE chief urges openness by listed firms to woo foreigners Kenyan companies need to increase the level of disclosure if they hope to attract significant foreign funding, the Nairobi Securities Exchange (NSE) chief executive has said. Geoffrey Odundo said local and foreign investors are only comfortable with firms that…

Pilots seek government intervention to save carrier from collapse Pilots in the country now want national carrier Kenya Airways saved from possible collapse. Through their association, the Kenya Airline Pilots Association (Kalpa), the pilots also accused the airline’s management of mistreating them. Association general-secretary Captain Ronald…

Closing Bell: Mumias Sugar Top Gainer as Kenya Airways Declines Mumias Sugar Company (MSC) was the top gainer at the NSE.  It gained 8.11% to close the day at KES 2.00 which was a KES 0.15 gain in share price. Kenya Airways (KQ) was…

Closing Bell: Standard Group Top Gainer as Express Kenya Declines Standard Group Limited was the top gainer at the NSE. It gained 9.70% to close the day at KES 36.75 which was a KES 3.25 gain in share price. Express Kenya Limited was the top loser…