KQ hires American firm to advise on Sh60bn capital injection plan
KQ hires American firm to advise on Sh60bn capital injection plan Kenya Airways (KQ) has signed up a New-York based advisory firm to restructure its balance sheet and help it seek approximately Sh60 billion in long-term capital refinancing. KQ has appointed PJT Partners as its transaction…
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: Olympia Capital Holdings Ltd Top Gainer as Longhorn Publishers Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Longhorn Publishers Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 9.76% to close at KES 4.50 which was a KES 0.40 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the…
TransCentury CEO Gachao Kiuna resigns
TransCentury CEO Gachao Kiuna resigns The chief executive of investment firm TransCentury Limited Dr Gachao Kiuna on Thursday resigned from the company for undisclosed reasons. The listed investment firm has appointed Mr Ng’ang’a Njiinu, currently the firm’s head of corporate finance, as the acting chief executive.
Britam profit alert pushes the tally for the year to a record high of 14
Britam profit alert pushes the tally for the year to a record high of 14 Britam Holdings has announced its 2015 profit will fall below last year’s, becoming company number 14 to issue a profit warning. Britam attributed this to a depressed economy that had slowed…
Closing Bell: Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines
Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines Eaagads Limited (EGAD) was the top gainer of the day. It gained 9.76% to close at KES 22.50 which was a KES 2.00 gain in share price. British-American Investments Company (Kenya) Ltd (BRIT) was the top loser of the…
Closing Bell: Nation Media Group Top Gainer as TransCentury Limited Declines
Nation Media Group Top Gainer as TransCentury Limited Declines Nation Media Group (NMG) was the top gainer of the day. It gained 8.33% to close at KES 195, which was a KES 15.00 gain in share price. TransCentury Limited (TCL) was the top loser of the day. It had a…
Closing Bell: Atlas Development and Support Services Ltd Top Gainer as TransCentury Limited Declines
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…
Closing Bell: Umeme Limited Top Gainer as Eaagads Limited Declines
Umeme Limited Top Gainer as Eaagads Limited Declines Umeme Limited (UMME) was the top gainer of the day. It gained 9.94% to close at KES 18.80, which was a KES 1.70 gain in share price. Eaagads Limited (EGAD) was the top loser of the day. It had a loss of…
Closing Bell: Kakuzi Limited Top Gainer as Sameer Africa Limited Declines
Kakuzi Limited Top Gainer as Sameer Africa Limited Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 10% to close at KES 330.00, which was a KES 30.00 gain in share price. Sameer Africa Limited (FIRE) was the top loser of the day. It had a…
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