Imperial Bank owners and CBK feud over reopening delays Imperial Bank shareholders have blamed Central Bank of Kenya (CBK) over the delayed reopening of the closed bank, days after the regulator accused them of inaction. The owners also accused KDIC of failing to appoint a team…

Liberty Kenya Holdings Limited Top Gainer as TransCentury Limited Declines Liberty Kenya Holdings Limited (CFCI) was the top gainer of the day. It gained 7.45% to close at KES 18.75 which was a KES 1.30 gain in share price. TransCentury Limited (TCL) was the top loser of the day. It…

Atlas Development and Support Services Ltd Top Gainer as TransCentury Limited Declines Atlas Development and Support Services Ltd (ADSS) was the top gainer of the day. It gained 8.82% to close at KES 3.70, which was a KES 0.30 gain in share price. TransCentury Limited (TCL) was the top loser…

Seven bank stocks touch one-year low at NSE trading Seven banking counters at the Nairobi Securities Exchange (NSE) on Wednesday touched a one-year low as the market responded to the sudden closure of Imperial Bank leading to the indicative NSE 20 share index dropping to levels…

Airtel threatens exit over Safaricom ‘dominance’ Telecommunications firm Airtel could exit the Kenyan market if new regulations are not passed to curb Safaricom’s dominance, its chief executive Adil El Youssefi said on Tuesday. Mr Youssefi said “anti-competitive behaviour” by the market leader had condemned competitors to…

Longhorn Publishers Limited Top Gainer as Unga Group Limited Declines Longhorn Publishers Limited (LKL) was the top gainer of the day. It gained 3.85% to close at KES 6.75 which was a KES 0.25 gain in share price. Unga Group Limited (UNGA) was the top loser of the day. It…

Home Afrika Ltd Top Gainer as B.O.C Kenya Ltd Declines Home Afrika Ltd (HAFR) was the top gainer of the day. It gained 7.32% to close at KES 2.20 which was a KES 0.15 gain in share price. B.O.C Kenya Ltd (BOC) was the top loser of the day. It…

BOC Kenya chief Maria Msiska to leave after five years at helm Industrial gas producer BOC Kenya’s managing director Maria Msiska is set to leave after a five-and-a-half-year stint at the company. The Nairobi Securities Exchange-listed firm advertised her position Wednesday, signalling its intention to…

Investor losses hit Sh120bn as NSE falls to two-year low Local investors have been cautious when buying shares of the risk of getting locked into higher buying prices at a time the market is on a downward trend. This means the market has been denied an…

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…