COUNTER WATCH Uchumi Supermarket – Having closed the day at KES 19.25, the counter’s price took a slight dip in share price by 25 cents. Bearing in mind that the supermarket is looking to raise KES 1.5 billion in a share offer next year, a downward spiral…
The matatu sector has, for the longest time, been characterized by chaos and confusion. Overlapping, obstruction of traffic and careless driving are but some of the menaces, on our roads, associated with matatus. The new traffic laws are long overdue, and some degree of order needs to be restored our roads.
There, I said it.
Last Friday we looked at the changes in stock price that arise from change in CEO. The best examples for that were KenGen and KCB. Both, on the same day, announced the hunt for new CEOs since the current ones were resigning. KenGen shares went up 5 cents,…
Yesterday we looked at the entertainment industry, specifically East African Breweries Limited (EABL) and British American Tobacco (BAT). Share price for both went up by KES 2. EABL closed the day at KES 244 while that of BAT at KES 457. Here are the shares we will be closely watching…
on Monday we got to the part where things had just begun to heat up. Now the fun begins. Peter Muthoka is suing everybody in sight and PwC's professional standards are questioned.
Performances of the Safaricom shares arguably lead to lower performance at the Nairobi Securities Exchange . Trading over 76 million shares at a lower price takes its toll on the bourse and the day’s end performance was proof of it. Both the All-Share index and the 20-share index dipped…
I'm spoiled for choice, but it means if I had an emergency that saw me fly the same day, I'd pay nearly the standard fee that other airlines charge, but if I'm booking for my Easter holiday at the coast, I'll pay quite little.