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…

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…

2 major moves occurred yesterday at the bourse, moves likely to have made the shareholders a couple of hundreds of thousands worth of change. Safaricom was the first having traded at KES 5.20 and Sameer Africa which closed at KES 3.95. Below are the reasons why they are…

The end of trading yesterday saw the 2 banks under our watch become top traders by volume. There was no change in price for either. Operations at the Nairobi Securities Exchange (NSE) saw both the All-share and the 20-share indices closed higher at 92.59 points and 4158.38 points respectively.

There is an aspect of collateral associated with all loans advanced from formal lenders like banks and micro finance institutions. Just like there are different requirements from various lenders, there are also different loan types that can be secured differently. The most popular loans in the Kenyan market are check off loans. Here, the key aspect of security is an agreement between the bank and the employer to deduct at source and remit to the lender on behalf of the employee. This is done until the loan is fully repaid. What happens when you are in self employment?

Part of being an investor is latching onto trends and investing early on. As a new investor what do you need to know about investing in the cement industry? The construction sector in East Africa is booming as governments splash huge sums of their budgets on infrastructure development. This coupled…

When Uchumi Supermarket was put under receivership and suspended from the bourse six years ago, nobody thought that we would one day see Uchumi’s return to the Nairobi Stock Exchange (NSE). One can hardly count the number of firms that have gone under in Kenya and returned from jaws of…