Equity Bank reports drop in staff costs as 660 workers exit
Equity Bank reports drop in staff costs as 660 workers exit Equity Bank staff numbers declined by 660 last year in what the lender attributed to natural attrition, pointing to a gloomy job market in the financial sector. Equity Bank reported a four-per cent decline in…
Safaricom yet to agree with Vodafone on M-Pesa royalty charges
Safaricom yet to agree with Vodafone on M-Pesa royalty charges Safaricom is yet to agree with Vodafone on new M-Pesa royalty fees nearly a year since the two telcos opened talks following the migration of M-Pesa servers from Germany. The relocation of M-Pesa servers to Kenya…
Closing Bell: Standard Group Limited Top Gainer as Liberty Kenya Holdings Limited Declines
Standard Group Limited Top Gainer as Liberty Kenya Holdings Limited Declines Standard Group Limited (SGL) was the top gainer of the day. It gained 8% to close at KES 27.00 which was a KES 2.00 gain in share price. Liberty Kenya Holdings Limited (CFCI) was the top loser of the…
Closing Bell: Express Kenya Limited Top Gainer as Umeme Limited Declines
Express Kenya Limited Top Gainer as Umeme Limited Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 3.53% to close at KES 4.40 which was a KES 0.15 gain in share price. Umeme Limited (UMME) was the top loser of the day. It had a…
Closing Bell: TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Uchumi Supermarket Limited Declines
TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Uchumi Supermarket Limited Declines TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the top gainer of the day. It gained 9.57% to close at KES 25.75 which was a KES 2.25 gain in share price. Uchumi Supermarket Limited (UCHM) was the…
Closing Bell: Uchumi Supermarket Limited Top Gainer as Sasini Ltd Declines
Uchumi Supermarket Limited Top Gainer as Sasini Ltd Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 6.76% to close at KES 7.90 which was a KES 0.50 gain in share price. Sasini Ltd (SASN) was the top loser of the day. It had a…
Safaricom’s digital TV decoder sales double after price cut
Safaricom’s digital TV decoder sales double after price cut The sales of Safaricom’s Internet-enabled digital TV decoders has doubled after it slashed its pricing by 50 per cent in November. In November Safaricom cut the decoder prices to Sh4,999 from the previous Sh10,000 in a re-launch that…
Closing Bell: Unga Group Limited Top Gainer as Kapchorua Tea Company Ltd Declines
Unga Group Limited Top Gainer as Kapchorua Tea Company Ltd Declines Unga Group Limited (UNGA) was the top gainer of the day. It gained 7.14% to close at KES 37.50 which was a KES 2.50 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…
Closing Bell: Express Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines
Express Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 10% to close at KES 4.40 which was a KES 0.40 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…
Closing Bell: East African Cables Limited Top Gainer as Kapchorua Tea Company Ltd Declines
East African Cables Limited Top Gainer as Kapchorua Tea Company Ltd Declines East African Cables Limited (CABL) was the top gainer of the day. It gained 9.44% to close at KES 9.85 which was a KES 0.85 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser…
1
