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CMA and NSE

The CMA penalized individuals and firms Sh113.4 million last year but Sh49 million was...

East African Cables limited owned by TransCentury was fined by the CMA for operating with a negative working capital and put on a monthly microscope to remedy their position. Cytonn Investments was fingered for conducting...

Good profits will not necessarily inspire a buy on stocks

Banking counters are about to release their results led by Equity Bank which posted an 8 percent rise in net profits to September from Sh14.6 billion last year to sh15.8 billion. Read also: Andrew Kairu appointed...
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...
KenolKobil Shares

Oil Marketer KenolKobil set to list employee shares

KenolKobil shares may decline to Sh13 following a move to list new ordinary shares under the Employee Share Option Plan (ESOP). Read also: New proposals to attract listing at the NSE Will local investors save...

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