Express Kenya CEO Hector Diniz edges closer to owning 71 per cent of its shares
Express Kenya CEO Hector Diniz edges closer to owning 71 per cent of its shares Hector Diniz is set to control 70.9 per cent of listed firm Express Kenya, where he is CEO, if a plan to convert a Sh60 million debt owed to his companies…
Mumias share price up on Comesa safeguards extension
Mumias share price up on Comesa safeguards extension Mumias Sugar Company shares at the Nairobi Securities Exchange (NSE) rose 6.7 per cent Tuesday following the extension of the Common Market for Eastern and Southern Africa (Comesa) quantitative safeguards that give a lifeline to the industry for…
Uchumi gets Sh500m KCB loan to stock up ahead of Christmas
Uchumi gets Sh500m KCB loan to stock up ahead of Christmas The new loan will raise the total amount that Uchumi Supermarkets owes the KCB Group to Sh1 billion. The retailer is relying on borrowings as a temporary measure before completing the sale of non-core assets…
Closing Bell: Atlas Development and Support Services Ltd Top Gainer as Eaagads Limited Declines
Atlas Development and Support Services Ltd Top Gainer as Eaagads Limited Declines Atlas Development and Support Services Ltd (ADSS) was the top gainer of the day. It gained 8.82% to close at KES 1.85 which was a KES 0.15 gain in share price. Eaagads Limited (EGAD) was the top loser…
Closing Bell: East African Portland Cement Company Top Gainer as Eaagads Limited Declines
East African Portland Cement Company Top Gainer as Eaagads Limited Declines East African Portland Cement Company (PORT) was the top gainer of the day. It gained 9.89% to close at KES 50.00 which was a KES 4.50 gain in share price. Eaagads Limited (EGAD) was the top loser of the…
Closing Bell: Umeme Limited Top Gainer as Atlas Development and Support Services Ltd Declines
Umeme Limited Top Gainer as Atlas Development and Support Services Ltd Declines Umeme Limited (UMME) was the top gainer of the day. It gained 7.43% to close at KES 18.80 which was a KES 1.30 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the top loser…
Former Uchumi top managers on the spot over Sh1bn cover-up
Former Uchumi top managers on the spot over Sh1bn cover-up The revelation that Uchumi Supermarkets manipulated financial statements to the tune of Sh1.04 billion has put former senior managers including ex-chief executive Jonathan Ciano on the spot. Uchumi has announced that the former management had…
Closing Bell: East African Portland Cement Company Top Gainer as Uchumi Supermarket Limited Declines
East African Portland Cement Company Top Gainer as Uchumi Supermarket Limited Declines East African Portland Cement Company (PORT) was the top gainer of the day. It gained 9.64% to close at KES 45.50 which was a KES 4.00 gain in share price. Uchumi Supermarket Limited (UCHM) was the top loser…
Closing Bell:East African Portland Cement Company Top Gainer as Atlas Development and Support Services Ltd Declines
East African Portland Cement Company Top Gainer as Atlas Development and Support Services Ltd Declines East African Portland Cement Company (PORT) was the top gainer of the day. It gained 10% to close at KES 44.00 which was a KES 4.00 gain in share price. Atlas Development and Support Services…
Closing Bell: Liberty Kenya Holdings Limited Top Gainer as TransCentury Limited Declines
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…
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