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IFC report reveals Vimal and Shah family stakes in Bidco

IFC report reveals Vimal and Shah family stakes in Bidco Billionaire businessman Vimal Shah has equal shareholding as his father Bhimji Shah and brother Tarun Shah in cooking oils multinational Bidco as shown in documents filed with the World Bank’s private lending arm IFC. Vimal Shah controls 33.3 per…
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Oct 16 Morning Bell: Standard Media Group Among The Top Gainers At The NSE

The Nairobi Securities Exchange (NSE) as at 11.30 am today. The winners Olympia Capital Holdings (OCH), Standard Group Limited (SGL), Marshalls East Africa Limited (MASH) Longhorn Kenya Limited…
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Oct 6 Morning Bell: Eveready’s Price Decline Continues At The NSE

An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed as at 11.00 am this morning. The winners BOC Kenya limited, Olympia Capital Holdings, East African Portland Cement, TPS Serena and Marshals East Africa are the companies whose share price has appreciated…
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Power Up or Lose Out on Dividends

Our monitor of the listed media houses revealed one thing, that stock price matters. Nation Media Group closed at KES 228, up by one shilling while Standard Group closed at KES 22.75, up 25 cents. Relevance of the change in price can be spotted when…
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Nation Vs The Standard, The Shareholder Standoff

Yesterday the hospitality sector did not live up to its name for shareholders. Stock prices decreased as did most of the indices. Shedding off 25 cents may seem little to a small shareholder, but to an investor with over 1 million shares – yes, they exist – it…
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