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Andrew Kairu

Andrew Kairu appointed as the new KCB group chairman

The KCB Group Plc Board has appointed Mr. Andrew Wambari Kairu as the new Chairman of the Group Board of Directors.  The appointment takes effect on October 24, 2018. Mr. Kairu takes over from...
KenolKobil take over by Rubis

Billions put on ice as CMA catches KenolKobil shares cheating ahead of acquisition

A couple of suspicious trades in the run-up to the announcement of KenolKobil acquisition by French firm Rubis have put the move on ice following a crackdown by the regulator. The Capital markets Authority yesterday...
KenolKobil

Surge of KenolKobil shares slows signaling correction

After surging between October 16 and October 19, KenolKobil shares seems to be witnessing a correction at the Nairobi bourse. Yesterday, KenolKobil (KENO Sh15.3) was the top mover after moving a large block of 373.5 million...
Telkom

Telkom joins Safaricom and Airtel to hike calling rates

Telkom Kenya Monday became the third mobile operator in Kenya to hike calling rates following the new taxes. Realted: 18 years of transformation The firm's Chief Executive Aldo Mareuse said the assent of the Finance Act 2018 into Law...
Base Titanium

Base titanium pays debt, eyes virgin plant

Base Titanium, the Australian company mining titanium in Kenya is eying a facility to fund a Sh32 billion investment in a new plant in Madagascar. The company has retired its Sh21.5 billion loan this year...

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