EABL loses Sh240m claim against former top manager
EABL loses Sh240m claim against former top manager Beer maker East African Breweries Limited has lost a Sh240 million claim against an ex-employee whom it accused of using a shell company to steal from the firm. High Court judge Joseph Sergon on Friday dismissed a…
Jubilee maintains market lead with 12.6pc of revenue
Jubilee maintains market lead with 12.6pc of revenue Jubilee Insurance has maintained its market leader position in the first half of the year, beating off competition from close rivals Britam and ICEA Lion. Jubilee’s market share stood at 12.6 per cent as at June this year,…
Closing Bell: Uchumi Supermarket Limited Top Gainer as Car & General (Kenya) Ltd Declines
Uchumi Supermarket Limited Top Gainer as Car & General (Kenya) Ltd Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 6.99% to close at KES 9.95 which was a KES 0.65 gain in share price. Car & General (Kenya) Ltd (C&G) was the top loser…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 8.89% to close at KES 4.90 which was a KES 0.40 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
Uchumi reveals Sh2.4bn drain by closed outlets
Uchumi reveals Sh2.4bn drain by closed outlets Uchumi Supermarkets’ regional subsidiaries cost the retailer Sh2.4 billion in cash injection every year but returned losses for the past five years leading to their closure this week. Uchumi says it has consistently pumped Sh200 million a month into…
Seven bank stocks touch one-year low at NSE trading
Seven bank stocks touch one-year low at NSE trading Seven banking counters at the Nairobi Securities Exchange (NSE) on Wednesday touched a one-year low as the market responded to the sudden closure of Imperial Bank leading to the indicative NSE 20 share index dropping to levels…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Jubilee Holdings Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Jubilee Holdings Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 3.33% to close at KES 4.65 which was a KES 0.15 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the…
Closing Bell: Express Kenya Limited Top Gainer as Sasini Ltd Declines
Express Kenya Limited Top Gainer as Sasini Ltd Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 9.52% to close at KES 4.60 which was a KES 0.40 gain in share price. Sasini Ltd (SASN) was the top loser of the day. It had a…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Uchumi Supermarket Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Uchumi Supermarket Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 9.2% to close at KES 4.75 which was a KES 0.40 gain in share price. Uchumi Supermarket Limited (UCHM) was the top loser of the…
Closing Bell: Crown Paints Kenya Limited Top Gainer as Atlas Development and Support Services Ltd Declines
Crown Paints Kenya Limited Top Gainer as Atlas Development and Support Services Ltd Declines Crown Paints Kenya Limited (BERG) was the top gainer of the day. It gained 8.2% to close at KES 66.00 which was a KES 5.00 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
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